April 4, 2016/The Nation By Collins Nweze Foreign investors repatriating profits and others exiting the Nigeria equities and bond markets last week triggered a rise in foreign exchange (forex) disbursement by leading banks. Many of the investors, after liquidating their investments, secured forex to repatriate their funds through Stanbic IBTC […]
Tag: Equities
Banks Lead NSE to 5-Day Rally, Gains 5.05% to Close Week
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange (NSE) posted a five-day rally as the all-share index (ASI) and market capitalisation gained 5.05 percent to close the week at 24,689.69 basis points and N8.491 trillion respectively. The rally was as a result of the performance in the Financial […]
Stocks Shed 0.42%, Extends 7-Day Bearish Run
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Tuesday shed a marginal 0.42 percent to extend a seven-day bearish streak as all–share index (ASI) closed at 22,456.32 points. At the close of trading on the Nigerian Stock Exchange (NSE) market capitalisation dipped by N32.5 billion to N7.72 trillion, bringing the […]
