Capital Market

Nigerian Stocks Dip 4.39% WoW on Profit-Taking

  By InvestAdvocate Lagos (INVESTADVOCATE) –The Nigerian Stock Exchange (NSE) all-share Index (ASI) and market capitalisation dipped by 4.39 percent to close the week at 29,305.40 basis points and N10.065 trillion respectively. “Similarly, all other indices finished lower during the week, with the exception of the NSE ASeM index that […]

Asia stocks up as risk appetite recovers, pound under fresh pressure

Fri Jul 1, 2016/Reuters Asian stocks rose on Friday and European markets were expected to follow as investors continued to recover from last week’s Brexit shock, but the pound came under fresh pressure after the Bank of England’s governor hinted at an interest rate cut ahead. Financial spreadbetters expected Britain’s […]

Bears Resurface as Local Equities Dip 0.72% amid Profit-Taking

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Thursday resurfaced on the Nigerian equities market; as the all-share index (ASI) dipped 0.72 percent to close at 29,597.79basis points, while market capitalisation dropped N73.89 billion to N10.17 trillion. “Today’s loss trimmed the Month-to-Date and Year-to-Date gains to 6.99 percent and 3.34 […]