Capital Market

Bears Resurface on Nigeria’s Equities Market, Index Dip 0.21%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Tuesday resurfaced on the Nigerian equities market as all-share index (ASI) dipped 0.21 percent to close at 34,706.93 points, while market capitalisation decreased by N25.32 billion to close at N11.79 trillion. With the recent market rally coming to a halt at the […]

Nigerian Stocks Open Week on Positive Note, Index Up 0.99%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Monday opened the week on a positive note as all-share index (ASI) climbed up 0.99 percent to close 34,781.46 points, while market capitalisation grew by N120.23billion to close at N11.82 trillion. According to Cordros market update, the gains recorded on Monday was […]

Nigerian Stocks Inches Up 0.15% after Weak Economic Data

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks inched up slightly on Friday by 0.15 percent to close the week as weak economic data pointed to a lack of momentum in the economy, the nation’s inflation rose 8.7 percent in April 2015 (year-on-year), 0.2 percentage points which equals the highest rate recorded […]