Securities Dealers To Discuss Market Recovery Strategies
Securities dealers in Nigeria have concluded arrangements to review strategies to reactivate the nation’s economic growth…
Category: Market
Stock Market Investors Gain N371bn In One Week
THE equities listed on the Nigerian Exchange Limited saw its their market capitalisation rise by…
Thai Baht Gains Among Muted Asian Currencies; S.Korea’s Won Slips
Thailand’s baht edged up among mostly muted Asian currencies on Friday, after a short-lived retreat…
Virgin Galactic Falls As Billionaire Branson Sells Stake Worth $300 Million
Shares of Virgin Galactic Holdings Inc (SPCE.N) fell nearly 3% on Friday after its founder and British…
Peloton Is Sued For Improperly Charging Sales Tax
Peloton Interactive Inc (PTON.O) subscribers have filed a proposed class action lawsuit accusing the maker of at-home…
Strong Disney Earnings Push S&P 500, Dow To New Peaks
The Dow and the S&P 500 opened at record highs on Friday, boosted by Walt…
Banks Take Steps To Reduce Potential Cloud Computing Risks, Google Survey
Banks are taking steps to mitigate risks from their increasing use of external cloud computing…
Analysis: As Fed Shifts Gears, Shaping Consensus Gets Trickier For Powell
In his nearly six years on the Federal Reserve’s board of governors before becoming its…
Italy Gets 25 Billion Euros In First Tranche Of EU Virus Recovery Fund
Italy on Friday received 24.9 billion euros ($29.3 billion), its first tranche of money from…
Markets No Longer Fear Inflation And Stocks Will Continue To Rally, HSBC says
Markets no longer fear inflation and are now focused on the spread of the delta…
The Securities and Exchange Commission (SEC), African Development Bank (AfDB) Commence Implementation Of Risk-Based Supervision Project
The Securities and Exchange Commission (SEC) and African Development Bank (AfDB) have commenced the implementation…
The Nigerian Exchange Limited(NGX) Sustains Bullish Profile As Index Inches Further By 0.7 Per Cent
The Nigerian Exchange Limited (NGX) sustained rising profile, as more blue-chip stocks appreciated at price,…
Asia-Pacific Stocks Mostly Decline; Samsung Shares Fall As Heir Lee Is Released From Prison
South Korean and Taiwanese stocks led losses among major Asia-Pacific markets in Friday trade, with…
European Markets Set For Muted Open As Investors Assess Data, Covid
European markets are heading for a cautious open Friday, as investors assessed global economic indicators…
Stock And Forex Trading Regulations In Nigeria
Nigerian trading market: a brief overview Although somewhat similar, it is important to note the difference…
Fixed Income, FX Markets Sustains Momentum Recording N15.31trn, $10.12bn Turnover In One Month
Investors’ interest in the fixed income and currencies markets has continue to soar as both…
Wall St Set To Rise As Inflation Growth Slows
Wall Street’s main indexes were set to open slightly higher on Wednesday after data showed…
Analysis: Peak OPEC? Climate-Focused Production Shift To Pile Pressure On Pact
Moves to mitigate climate change are drawing peak oil demand closer, current and former OPEC…
Dow Futures Jump 120 Points After Inflation Report Is Not As Bad As Feared
U.S. stock index futures rose on Wednesday after inflation jumped, but not by quite as…
As Gas Prices Rise, White House Says OPEC Action Is ‘Simply Not Enough,’ Calls For Federal Trade Commission Scrutiny
The White House will call on OPEC and its oil-producing allies to boost production in…
Treasury Yields Climb Ahead Of Consumer Price Index Inflation Data
U.S. Treasury yields climbed on Wednesday morning, ahead of the release of the July consumer…
Analysis-Investors Look Under The Radar For Winners From U.S. Infrastructure Bill
Investors are ramping up the search for stocks that could benefit from a potential splurge…
Dutch Bank ABN Amro’s Q2 Net Profit Beats As Economy Recovers
Dutch bank ABN Amro reported on Wednesday a better-than-expected net profit of 393 million euros…
Nigeria Experienced Increase In Export Of Manufactured Goods, Employment And Productivity In July – Report
The Stanbic IBTC Bank Nigeria’s Purchasing Manager Index (PMI) report has stated that the export…
Exclusive: Exxon Launches U.S. Shale Gas Sale To Kick-Start Stalled Divestitures
Exxon Mobil Corp (XOM.N) has begun marketing U.S. shale gas properties as it ramps up a long-stalled…
Stocks Are Little Changed After Democrats Release Budget Proposal
Democrats unveiled their $3.5 trillion budget proposal on Monday, calling for significant spending increases for…
Equities Market Commences Week On Negative Note, Drops By N126.86bn
The Nigerian equities market commenced this week on a bearish note, as investors profit-taking in…
Worry As Insecurity, Uncertainty Trigger N116b Outflow From NGX
…Investors seek initiatives to reverse weak macro-economic scenario With the N116.7b pulled from the nation’s…
China’s Covid Lockdown Could Have Economic Costs To The World, Says Strategist
China has tightened Covid-19 measures to combat an uptick in daily cases — a move…
British Asset Manager Abrdn Reports Surge In Profits
Asset manager abrdn’s (ABDN.L) earnings jumped over 77% in the first half of 2021, its first set…