By InvestAdvocate Lagos (INVESTADVOCATE)-The African Securities Exchanges Association (ASEA) has reported a $1.3 trillion market capitalisation Year-to-Date (Y-t-D), Oscar Onyema, president of ASEA disclosed on Monday in his opening address at the Association’s 19th annual conference in Johannesburg, South Africa. Onyema affirmed that in 2015 year to date; African exchanges […]
Capital Market
SEC okays NASD rules for market makers
The NASD OTC Plc says the Securities and Exchange Commission has approved its rules rules for market makers in its over-the-counter market. Market makers are also known as liquidity providers and they contribute towards better price discovery and a market reaching equilibrium, according to the company. In a notice announcing […]
NSE Dip 0.64% on Losses across Broad Sectors
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday dipped 0.64 percent following losses recorded across broad sectors. The All Share Index closed at 28,351.28 points, while market capitalisation declined by N62.40 billion to N9.74 trillion. “Today’s decline extended the Month-to-Date and Year-to-Date losses to 2.83 percent […]
