Equities

Fidson Healthcare Plc., Tuesday, announced that it will be commencing it’s N3 billion right issue on 6th of March 2019. The pharmaceutical company stated that it will be issuing 750 million ordinary shares at 0.50K each at N4 per share on the basis of one new ordinary share for every two ordinary shares held as at […]

U.S. stocks struggled for direction on Tuesday after rallying strongly last week, as investors focused on the latest round of trade talks between the United States and China. Hopes that the two countries will hammer out a deal to end their protracted trade war had helped the S&P 500 and the Nasdaq log their best […]

U.S. stocks opened lower, treasuries extended their advance and the dollar retreated after disappointing American retail sales data suggested the country’s economic growth is slowing. The S&P 500 Index and Dow Jones Industrial Average sank Thursday after the U.S. Commerce Department reported the worst drop for retail sales in nine years, while initial jobless claims […]

U.S. stocks opened higher on Tuesday, buoyed by a tentative deal reached by U.S. lawmakers to avoid another partial government shutdown and as the United States and China expressed optimism about the ongoing trade talks. The Dow Jones Industrial Average rose 98.92 points, or 0.39 percent, at the open to 25,152.03. The S&P 500 opened […]

U.S. stocks rose on Monday, led by industrial companies, as the United States and China began their latest round of trade talks to hammer out a deal before the looming March deadline. China struck an upbeat note on the talks, while White House senior counselor Kellyanne Conway also expressed confidence of a possible deal. Boeing […]

The three main U.S. stock indexes extended losses to hit session lows on Thursday after White House adviser Larry Kudlow said there was a pretty sizable distance to go in the U.S.-China trade talks. Kudlow’s comments, made in an interview to Fox Business Network, added to worries over a global slowdown which was rekindled after […]

U.S. stocks fluctuated as investors weighed positive corporate earnings against persistent concerns over trade and another government shutdown. The dollar extended its rally to a fifth day. The S&P 500 was little changed after halting a four-day advance, with President Donald Trump’s speech to Congress having little impact on markets. Among earnings-related moves, General Motors […]

Wall Street was set to open higher on Tuesday amid peak earnings which have largely been positive so far, while investors wait for President Donald Trump’s State of the Union address. The S&P 500 is eyeing its fifth straight session of gains after a recent dovish stance from the Federal Reserve and on hopes that […]