Capital Market

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 […]

Wall Street slightly higher as focus shifts from Brexit

June 30, 2016/Reuters U.S. stocks were slightly higher at the open on Thursday as investors turned their focus to broader economic factors and Brexit took a backseat. The Dow Jones industrial average .DJI was up 32.09 points, or 0.18 percent, at 17,726.77, the S&P 500 .SPX was up 5.17 points, […]

Nigerian Stocks Halt 3-Day Losing Spree, ASI Gains 0.80% on Renewed Investors Interest

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday halted a three-day bearish streak as all–share index (ASI) gained 0.80 percent to close at 29,812.91 points, while market capitalisation increased by N81.63 billion to N10.24 trillion. “Today’s performance extended the Month-to-Date and Year-to-Date gains to 7.77 percent and 4.09 […]