Nigerian Stock Exchange Records Marginal Loss To Commence Weekly Trading Activities
Transactions on the floor of the Nigerian Stock Exchange on Monday recorded a marginal loss to commence the weekly trading…
Category: Investing
The Nigerian Stock Exchange Extends Financial Statements Filling Deadline For Firms
The Nigerian Stock Exchange (NSE) has extended the due date for the submission of the audited financial statements (AFS)…
Nigeria Report: Investment-led Strategy Critical for Economic Recovery – Bismarck Rewane
The Managing Director, Financial Derivatives Company Limited and a member of President Muhammadu Buhari’s Economic Advisory Council (EAC), Mr. Bismarck…
Wall Street Climbs On Boeing, Trump’s Reopening Plan
Wall Street bounced on Friday, boosted by a surge in Boeing shares, with President Donald Trump’s plan to reopen the…
Stocks Rise With U.S. Futures; Dollar Extends Gain
Investors brace for new jobless figures from biggest economy. Oil holds near 18-year low after record slide in U.S. demand.
Stocks, U.S. Futures Gain Before Earnings Kick Off
Stocks advanced on Tuesday along with U.S. index futures at the outset of one of the most uncertain earnings seasons on…
Gold’s Powerful Rally Brings $1,800 Into View
Holdings in SPDR Gold Shares top 1,000 tons amid rising demand. Futures on Comex keep wide premium over spot prices in London. Gold could retest 2011’s high, says Hans Goetti, founder and CEO at HG Research.
Asia Shares Hit One-Month High On Chinese Trade Data, Easing Pandemic Worries
Asian equities extended gains on Tuesday after China’s trade data came in better than expected and as some nations tried…
Wall Street Gets Its Bull Back In Four Dramatic, Dizzying Days
U.S. benchmark returns to bull market as Fed steps up response. Shortened week is not short of action as virus chaos continues.
S&P 500 Caps Best Week Since 1974 After Fed Acts
Gold reached a 7-year high as haven demand for the metal rose. Oil drops even after Saudis, Russia forge pact on cuts. Powell Sees Every Reason to Think U.S. Can Recover ‘Fairly Quickly’
Global Stocks Gain On Hopes Pandemic Is Reaching Peak
Global shares rose on Thursday on hopes the COVID-19 pandemic was nearing a peak and that governments would roll out…
‘Big Short’ Michael Burry Has A Bearish Bet And Warns Of A Selling Stampede
‘The Big Short’ investor says passive ‘bubble’ may be ending. Central bank stimulus can’t do much to help, Burry says
Stocks Surge Going Into Close On Easing Virus Toll
Oil slips after forecast for large stockpile gain; Gold rises. Utilities lead S&P higher; Dow gains more than 1,000 points. Equities face an erratic path in the coming months, says JPMorgan’s John Normand.
Equity Market Depreciated By 3.5% Last Week
Following rising cases of coronavirus in Nigeria, the domestic bourse on Friday recorded further extended weekly decline as the NSE…
Dangote Leads Gainers As Equity Market Ends On A Positive Note
The Nigerian equity market on Thursday closed on a positive note as Dangote Cement Plc led other gainers to halt…
Dangote And Unilever Are Biggest Losers As Equity Market Loses N104bn
Transactions on the Nigerian equity market on Wednesday commenced the month of April on a downtrend as Unilever Nigeria Plc…
Stock market Lost N10bn In March
Activities on the floor of the Nigerian Stock Exchange on Tuesday ended the month of March on the negative rout…
S&P Sees Dubai Property Prices Dropping To Levels Seen In 2010
The widening coronavirus pandemic could see Dubai property prices falling to levels last seen 10 years ago, according to S&P Global Ratings.…
Frozen U.K. Home Market Leaves Buyers Wondering Where To Go
With about a quarter of the world in lockdown, the order to stay at home has taken on a new dimension for one of Britain’s favorite pastimes: property. The government effectively froze the housing market last week because of coronavirus, urging transactions and mortgage offers be put on hold.
Zukerberg Sold $500m Worth Of Facebook Shares In February
Chief Executive Officer Mark Zuckerberg sold nearly $500 million in the company’s shares in February to fund his philanthropic investment…
Fitch cuts UK credit rating to AA-
Agency says government borrowing levels are set to rise and outlook remains negative for Britain’s sovereign debt score The ratings…
After More Than 25 Years South Africa Is Now Junk With Moody’s Too
South Africa has lost its Moody’s Investment Services investment-grade credit rating more than 25 years after it was first awarded…
S&P, Moody’s Cut Credit Grades At Fastest Pace In A Decade
S&P Global Ratings and Moody’s Investors Service are downgrading U.S. companies at the fastest pace in more than a decade…
A Bull Market in Banks and Other Weird Facts of the Stock Bounce
Moves in stock sectors that ordinarily take months and years to play out are happening in days as investors struggle…
Technically Speaking, The Dow Just Rocketed Out Of A Bear Market
As ridiculous as it sounds, the Dow Jones Industrial Average just climbed out of the bear market it entered two weeks ago.
The Gold Market Is Being Tested Like Never Before
From South Africa’s ultra-deep mine shafts to vaults underneath London, from metals traders in New York skyscrapers to main street…
Another 11% Swing in the Dow Average Shows Value Still a Mystery
As Wall Street celebrates the Dow Jones Industrial Average’s biggest surge in nine decades, spare a thought for the people…
Chevron CEO vows to avoid first dividend cut since Great Depression
Chevron is pulling out all the stops to cope with the historic collapse in oil prices. The oil giant is slashing spending, scaling…
Dow Has Best Day Since 1933 as Congress Nears Deal on Aid
The Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a…
Stock Market Loses N260bn
Transactions on the floor of the Nigerian Stock Exchange on Monday witnessed another drop in share prices as investors continue…