August 2, 2016/InvestmentOne Research he Nigerian equities market fell -0.04% to 27,831.95pts despite rising +0.59% during intraday. The NSE ASI performance was driven by negative sentiments towards NESTLE (-49pts), WAPCO (-41pts), FO (-30pts), SEPLAT (-24pts) and ETI (-21pts) which offset the increased demand for DANGCEM (+148pts). All major sectors closed […]
Capital Market
Nigerian Stocks Open Week Bearish, Benchmark Index Down 0.60%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday opened the week on a bearish note as the all-share index (ASI) closed at 27,843.00 points, while market capitalisation fell by N57.33 billion to N9.56 trillion. “Today’s performance increased the Year-to-Date loss to 2.79 percent,” Cordros daily […]
Global stocks hit highest in a year but banks take shine off Europe
August 1, 2016/Reuters By Nigel Stephenson Global stocks hit their highest in almost a year on Monday as investors pared back expectations of when U.S. interest rates would rise, although a fall in bank shares after stress tests took the shine off European shares. Wall Street, however, looked set to […]
