By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian equities on Wednesday halted a three-day losing streak as the all-share index (ASI) advanced by a marginal 0.05 percent to close at 25,460.45 points. “Today’s proceedings pared the Month-to-Date and Year-to-Date losses to 2.21 percent and 5.26 percent respectively, according to Cordros daily market update. The […]
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FMDQ, S&P Dow Jones Indices To Co-Brand Nigeria’s Sovereign Bond Index
Culled—Proshare February 7, 2017/Proshare WedTV The prospects for the deepening of the Nigerian debt capital market, received a boost today with the official signing of the memorandum of understanding between the FMDQ OTC securities exchange and the S&P Dow Jones Indices. Apart the MOU the FMDQ also launched the Sovereign […]
NSE Remains Pressured, as Massive Sell-offs in Consumer Goods Counters Drag ASI Lower 0.55%
By InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange (NSE) on Tuesday remained pressured with heavy selloffs in consumer goods stocks, dragging the all-share index (ASI) lower by 0.55 percent to close at 25,446.66 points. “Today’s performance increased the Month-to-Date and Year-to-Date losses to 2.26 percent and 5.31 percent respectively, according […]
