Capital Market

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 […]

Nigerian Stocks Ends Rough Week 1.27% Up

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday ended a volatile week positive as the all-share index (ASI) and market capitalisation appreciated by 1.27 percent to close at  28,009.93 points  and N9.620 trillion respectively. “Similarly, all other Indices finished higher during the week, with the exception […]

NSE Halts 2-Day Bullish Run on Weakened Investors’ Appetite, ASI Down 0.56%

  By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Thursday halted a two-day gaining streak as the all-share index (ASI) dropped 0.56 percent to close at 28,046.96 points, while market capitalisation dropped by N54.49 billion to N9.63 trillion. “Today’s negative close increased the Month-to-Date and Year-to-Date losses […]