By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Foreign investors repatriated N101.2 billion ($583.6 million) from the Nigerian Stock Exchange (NSE) in October as they sold stocks valued at that amount after a drop in oil price and the value of the naira. Analysis of transactions for the period by the NSE shows […]
Capital Market
Bears Sustain Grip on Nigeria’s Equities market, All-Share Index Dip 2.17%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Wednesday sustained its grip on the Nigerian equities market as all-share index (ASI) dipped 2.17 percent to close at 34,145.79 points, while market capitalisation lost N248.74 billion to close at N11.31trillion. According to a Cordros update, the sell-offs sagged the month-to-date and […]
Bears Return to NSE, Index Close 34,896.50 Points
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Tuesday returned to the Nigerian equities market as all-share index (ASI) declined 1.65% to close at 34,896.50 points, while market capitalisation lost N191.53 billion to close at N11.56 trillion. With this development, current Year-to-Date (YTD) returns stands at a negative 15.55 percent. […]
