Capital Market

NSE: Bear Runs Persist Amidst Sell-Offs, All-Share Index Dip 3.54%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Bear runs on Thursday persisted amidst sell-offs at the Nigerian Stock Exchange (NSE) as all-share index (ASI) dipped 3.54 percent to close at 31,062.03 basis points, while market capitalisation fell by N380 billion to close at N10.25 trillion. Current Year-to-Date (YTD) returns at the Nigerian bourse […]

Brent Crude Drops Below $65 as OPEC Sees Less Demand

Dec 10, 2014/Bloomberg Brent fell below $65 for the first time in more than five years as OPEC cut the demand forecast for its crude oil to a 12-year low. West Texas Intermediate dropped as U.S. inventories grew. Futures in London declined as much as 4.9 percent to $63.56, the […]

Bears Sustain Hold on Nigerian Equities, YTD Loss Now -22.08%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bears has sustained its hold on the Nigerian equities market as Year-to-Date (YTD) returns now stands at a negative 22.08 percent. At the end of trading on the Nigerian Stock Exchange (NSE) on Wednesday all-share index (ASI) went down 2.21 percent to close at […]