The naira is set to remain on the back foot this week after hitting a seven-month low against the dollar on Thursday as offshore investors sell local debt. Kenya’s shilling is also expected to trade in a narrow band ahead of the outcome of a petition challenging the presidential election […]
Tag: Investors
Investors advised to take advantage of low prices
Analysts have advised investors to take advantage of the present decline in equities to increase their holdings. The analysts said most stocks in the equities section of the Nigerian Stock Exchange were selling at prices below their 2013 year-high. They added that this might be a good time for investors […]
Credit Suisse urges investors to jump into stocks
A month after turning cautious on global stock investing, the investment committee of Credit Suisse Group’s (CSGN.VX) U.S. private bank has reversed course. “Plentiful liquidity, attractive valuations and low inflation make equities among our best options in an asset allocation context,” a team led by Barbara Reinhard, the unit’s chief […]
