By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian bourse on Monday opened the week on a positive note as all-share index (ASI) gained 0.56 percent to close at 24,827.50 basis points while market capitalisation increased by N47.40 billion to N8.54 trillion. Cordros daily market update affirmed that today’s gain consequently increased […]
Capital Market
Global shares climb as firmer Chinese yuan eases deflation fears
Mon Feb 15, 2016/Reuters By John Geddie World stocks rose sharply on Monday as China’s central bank fixed the yuan at a much stronger rate and oil cemented recent gains, easing fears of global deflation. The rally belied a string of poor economic data from Beijing and Tokyo as demand […]
Banks Lead NSE to 5-Day Rally, Gains 5.05% to Close Week
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange (NSE) posted a five-day rally as the all-share index (ASI) and market capitalisation gained 5.05 percent to close the week at 24,689.69 basis points and N8.491 trillion respectively. The rally was as a result of the performance in the Financial […]
