Equities

The benchmark index of the Nigerian Stock Exchange (NSE) halted gains posted in the preceding trading session to drop by 0.16 per cent. Specifically, the All-Share Index on Tuesday dipped 43.79 points, representing 0.16 per cent to close at 26,513.65 compared with 26,557.44 achieved on Monday. Similarly, the market capitalisation shed N21 billion or 0.16 […]

Stocks gained and Treasury yields jumped with traders taking an optimistic stance on the latest trade developments as a long-anticipated meeting between America and China got underway, and after contrasting reports on the talks spurred volatility. The pound jumped on talk of a Brexit deal. Banks and chipmakers led the S&P 500 Index higher, with an […]

U.S. stocks were down slightly in late afternoon trading on Monday as reports on the trade front kept investors cautious ahead of scheduled talks later in the week.   A report that Beijing was increasingly reluctant to agree to a broad trade deal pursued by President Donald Trump weighed on sentiment early. White House economic […]

U.S. stocks turned positive in choppy trading on Thursday as U.S. services sector activity slowed to a three-year low, raising expectations of another interest rate cut by the Federal Reserve to stem a wider economic downturn. Wall Street’s main indexes dropped about 1% after the ISM’s non-manufacturing activity index for September fell to 52.6 from […]

World equity benchmarks hit their lowest levels in a month Wednesday as signs of a slowdown in U.S. economic growth and weak earnings in Europe fanned fears that the U.S.-China trade war could push the global economy into a recession. A measure of U.S. manufacturing released Tuesday fell to its lowest level in more than […]