October 27, 2017/NSE The Central Securities Clearing System (CSCS) Plc recently announced in Lagos it would increase automation and improve efficiencies in the Nigerian capital market with the deployment of TCS BaNCS, a world class multi-asset class solution for securities depository, clearing and settlement. The solution replaced the NASDAQ Equator which […]
Investors Bite
Nigerian Equities Close Negative Second Consecutive Week 0.34% Amid Midst Corporate Earnings
October 27, 2017/Cordros Research Capital Market Equities The Nigerian equities market closed negative for the second consecutive week, amid mixed corporate earnings, with the ASI shedding 0.34% w/w to 36,646.46 points. Losses prevailed across the Industrial Goods (-3.28% w/w), Insurance (-3.08% w/w), Oil & Gas (-1.34% w/w), and Consumer Goods […]
MSCI Decision: Lace Up For another Bull Run?
Culled—Proshare October 27, 2017/ARM Research Index provider, MSCI Inc. announced that it will retain Nigeria in its benchmark frontier-index and precluded Nigeria from a review for potential reclassification to Standalone status1 in line with our earlier view2. According to MSCI, the Investors’ & Exporters’ Window (IEW) improved currency market conditions […]
