By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Thursday rebounded after three (3) consecutive sessions of losses as all-share index (ASI) inched up 0.08 percent to close at 25,679.03 points, while market capitalisation added N7.41 billion to close at N8.83 trillion. This is coming on the heels of investors’ […]
Capital Market
Wall St. strengthens as Fed holds rates steady
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 […]
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 […]
