March 31, 2016/AfDB The Government of Sudan inaugurated an online trading system of its stock market on March 24, 2016 in the country’s capital, Khartoum – a landmark development in the Sudan’s financial history. Financed by the African Development Bank as part of its Public Financial and Macroeconomic Management (PFM) […]
Capital Market
Equities Slid 0.52% amidst Weak Company Results, Profit-Taking across Consumer Goods, Insurance Counters
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian equities on Wednesday slid 0.52 percent amidst weak company results and profit-taking across key Consumer Goods and Insurance counters. At the end of today’s trading on the Nigerian Stock Exchange (NSE) all-share index (ASI) closed at 25,145.28 points, while market capitalisation fell by N45.41billion […]
Wall Street rises as Yellen pleases investors
Tue Mar 29, 2016/Reuters By Noel Randewich The S&P 500 lifted into positive territory on Tuesday after Federal Reserve Chair Janet Yellen said the central bank should proceed “cautiously” on raising interest rates – music to Wall Street’s ears. In her first comments since the Fed held steady on rates […]
