Wed Mar 16, 2016/Reuters Wall Street gained on Wednesday after the U.S. Federal Reserve held interest rates steady as widely expected and signaled fewer rate hikes for the year. The Fed indicated that moderate U.S. economic growth and “strong job gains” would allow it to tighten policy this year with […]
Capital Market
NSE Sustains Bearish Run on Negative Investors Sentiment, ASI Dips 0.34%
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday sustained its bearish run as the all-share index (ASI) dropped 0.34 percent to close at 25,657.48 points, while market capitalisation declined by N30.15 billion to N8.83 trillion; following profit-taking in key Banking and Oil & Gas counters. “Today’s activities further reduced […]
NSE Slips Deeper Into Red Zone, ASI Down 0.42% on Sell-Offs in Key Banking, Consumer Goods Stocks
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday slipped deeper into negative territory as all-share index (ASI) declined 0.42 percent to close at 25,745.13 basis points; while market capitalisation dipped by N37.31 billion to N8.86 trillion. This is coming on the heels of sell-offs in key […]
