Capital Market

SEC Publishes Rules for Exposure

Culled—Proshare Sept 9, 2016/SEC 1. New Rule Asset Manager Code of Professional Conduct 1.1 General Principles of Conduct Managers have the following responsibilities to their clients. Managers must: 1. Act in a professional and ethical manner at all times. 2. Act for the benefit of clients. 3. Act with independence […]

Conoil Lead Gainers, as Stocks Remain Upbeat on Oil & Gas Rally

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday remained upbeat, as the benchmark index rose by 0.19 percent to close at 27,574.09 points following a rally in the Oil & Gas index. “Today’s activities further cut the Month-to-Date and Year-to-Date losses to 0.09 percent and 3.73 percent respectively, Cordros daily market update affirmed. According […]

Global stocks slip, euro gains as ECB holds line on stimulus

Sept 8, 2016/Reuters By Chuck Mikolajczak | NEW YORK A gauge of global equity markets fell modestly and the euro strengthened on Thursday after the European Central Bank reaffirmed its commitment to run its bond-buying program as long as needed, but did not confirm a specific extension of the plan. […]