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Wall Street closes at five-year high on data

Stronger-than-expected data on housing starts and jobless claims lit a fire under stocks for a third day, boosting the S&P 500 to a five-year high on Thursday. The Dow Jones industrial average (^DJI) was up 84.79 points, or 0.63 percent, at 13,596.02, according to the latest available figures. The Standard […]

Local Investors Records 44.3% Participation in 2012 on Nigerian Bourse

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange (NSE) Thursday said Local investors contributed 44.3 percent (44.3%) of total Market activities on its Bourse. Oscar Onyema, Chief executive Officer (CEO) of the Nigeria’s Exchange said this at a World Press Briefing “An Appraisal of Capital Market Performance 2012” […]

Market Making Stocks hits 39 as Dangote Cement, Oando, Transcorp Joins

By InvestAdvocate Lagos (INVESTADVOCATE)-List of Market Making Stocks on the Nigerian Stock Exchange (NSE) Thursday hit 39 as Dangote Cement Plc (DANGCEM) and Oando Plc and Transnational Corporation of Nigeria Plc (Transcorp) joins. This is contained in a Press Release by Wole Tokede, Head, Media Relations of the Nigeria’s Exchange […]