Investors sifting through analysts’ new year predictions for stock market movements may want to press “delete” and look instead for sound companies, as history shows equity index forecasts are usually wrong. In good years and bad, according to Reuters polls, most fund managers and analysts have struggled to predict annual […]
Tag: Stock Market
NSE to Suspend Trading on UBA Shares over Restructuring
The Nigerian Stock Exchange (NSE) will place a full trading suspension on the shares of United Bank for Africa (UBA) Plc at the stock market from January 2 to 4, 2013 to enable the bank concludes its restructuring process. Shareholders of the bank recently approved a new commercial banking structure […]
NSE index, market capitalisation drop by 0.41%
Stock market activities declined marginally on Monday. Acccordingly, major market indicators closed negative at the end of trading. Both the Nigerian Stock Exchange’s All Share Index and market capitalisation of listed equities depreciated by 0.41 per cent on Monday, in contrast to the corresponding day of last week, when they […]
