Stocks extended gains on Thursday with the Nigerian Stock Exchange All Share Index appreciating by 91.49 basis points or 0.34 per cent to close at 26,883.76 basis points after opening at 26,792.27 points. Similarly, the Market Capitalisation of listed equities of the NSE rose by N29bn to close at N8.567tn. […]
Tag: Stocks
S&P 500 climbs to highest level since May 2008
Stocks extended gains on Thursday, with the S&P 500 hitting its highest level since May 2008 on positive economic data and the European Central Bank’s agreement to launch a new and potentially unlimited bond-buying program. The Dow Jones industrial average .DJI gained 217.45 points, or 1.67 percent, to 13,264.93. The […]
Analysts expect strong rally in financial stocks
Following the impressive second quarter results released by major companies in the financial sector, analysts have predicted strong rally in financial stocks. The analysts based their prediction on the fact that some stocks in the sector were currently selling at very low prices, adding that investors would be attracted to […]
