By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Thursday halted a two-day consecutive gain on selloffs across major counters. This was mainly the result of late selloffs in the shares of Nigeria’s most capitalised company and cement producer, Dangote Cement Plc dropping 148.84 points as the […]
Capital Market
Asian shares soar, dollar falters on slow-motion Fed
September 22, 2016/Reuters By Nichola Saminather and Wayne Cole | SINGAPORE/SYDNEY Asian shares rallied on Thursday, taking their cue from Wall Street, after the Federal Reserve left U.S. interest rates unchanged and slowed the pace of future hikes, knocking the dollar and lifting commodity prices. European markets are likely to […]
Bulls Sustain Hold on NSE as Index Advance
By InvestAdvocate Lagos (INVESTADVOCATE)-The bulls on Wednesday sustained its hold on the Nigerian bourse as the all-share index (ASI) advanced by 0.02 percent to close at 28,214.57 points. “Today’s positive performance increased the Month-to-Date gain to 2.23 percent and reduced the Year-to-Date loss to 1.49 percent, according to Cordros daily […]
