The price of oil extended gains Tuesday after Asian stock markets trimmed losses following a big sell-off. Benchmark oil for August delivery was up 42 cents to $95.60 a barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract jumped $1.49 to close […]
Tag: Stock Market
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 […]
NSE and Stakeholders’ Unending Wait for Securities Lending
The plan by the Nigerian Stock Exchange (NSE) to introduce securities lending to the nation’s capital market was hailed by stakeholders in the capital market. But the Exchange appears to have abandoned the initiative following market recovery, writes Eromosele Abiodun Following the global financial crisis that led to stock market […]
