Capital Market

Asia stocks drop as bank concerns smoulder, yen stands tall

Wed Feb 10, 2016/Reuters By Shinichi Saoshiro Asian stocks fell on Wednesday on growing concerns about the health of the world’s banks, particularly in Europe, pushing investors into safer assets such as the yen, which stood near a 15-month high versus the dollar. Spreadbetters expected the pessimism to carry over […]

Nigerian Bourse Remains Positive, Gains 0.02%

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday closed on a positive note as all-share index (ASI) gained 0.02 percent to close at 23,981.09 basis points, while market capitalisation increased by N1.37 billion to N8.25 trillion, according to Cordros daily market update. Today’s marginal gain extended the Month-to-date […]

Growth worries, financials push Wall Street lower

February 8, 2016/Reuters By Caroline Valetkevitch U.S. stocks dropped on Monday as concern over global growth hit banks and other economically sensitive shares, but a late rally in energy shares left the market well above its lows of the day. European banks led a global selloff in financial shares as […]