Investors Bite

Stocks Down -1.49% on Selloffs Across Sectors

September 5, 2018 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday closed the trading session in red, as the all-share index (ASI) lost 1.49 percent on selloffs across sectors. InvestmentOne reports that market breadth index was negative with 20 gainers compared to 26 stocks that declined. According […]

Intraday Update: Nigerian Stocks up +0.23% on Buy Interest in Banking Counters

September 4, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) all-share index (ASI) as at midday Tuesday is up +0.23 percent and driven by buy interest in the Banking sector. InvestmentOne reports that market movers are insurer, AIICO Insurance Plc and NPF Microfinance Bank Plc both are up +10.00 […]

Asian Shares Rise on China Turnaround, Trade Fears Persist

3/9/3018/Reuters Andrew Galbraith   Asian shares rose on Tuesday, with markets reversing earlier losses, but investors were apprehensive as the Sino-U.S. trade dispute threatened to escalate this week and Argentina’s austerity measures rattled emerging markets. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.2 percent. Chinese blue-chips […]