Capital market analysts have said that there will be profit taking activities in the equities segment of the market this month. This, they stated, followed the consistent upward movement in the equities section of the Nigerian Stock Exchange in the past few weeks. According to them, with a year to […]
Tag: Investors
Stocks Market News for May 31, 2013
Benchmarks suffered losses after investors booked profits and transferred investments from stocks into bonds. Meanwhile, a bunch of domestic results were reported on Friday, providing mixed signals to investors. The official Purchase Manager’s Index (PPMIQ) of the world’s second-largest economy, China, came in above market expectations while high unemployment and […]
Bank of America $8.5 billion settlement heads for court showdown
A long-running fight comes to a head on Monday when court proceedings begin over an $8.5 billion settlement between Bank of America Corp and investors in mortgage securities that turned sour in the financial crisis. Bank of America agreed to the proposed settlement in June 2011 to resolve claims by […]
