Thursday, January 23, 2025

Cairon Floyd

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Stock market closes elevated by 0.08%

…Stanbic IBTC Holdings to pay N25.9bn as interim dividend Nigeria’s equities market garnered additional N45billion on Tuesday after rising by 0.08 percent at the close of trading. Investor’s interest in stocks like IMG, Eterna, C& I Leasing and eTranzact helped the market to close further in the positive zone despite profit taking in counters like

Asian Markets Trade Mostly Decrease

(RTTNews) - Asian stock markets are trading mostly lower on Monday, despite the broadly positive cues from Wall Street on Friday, as traders react to downbeat factory activity data from China for the fourth straight month in August. They also remain optimistic over the outlook for interest rates after a report showing US consumer prices

Atiku demands NNPCL’s list on stock market

Former Vice President, Atiku Abubakar The 2023 Peoples Democratic Party presidential candidate, Atiku Abubakar, has called on President Bola Tinubu’s administration to promptly list the Nigerian National Petroleum Corporation Limited on the Nigeria Stock Exchange. The former Vice President declared that this move aligns with the stipulations set forth by the Petroleum Industry Act. Atiku’s

News24 | Stable politics buoying rand, says Godongwana

Minister of Finance Enoch Godongwana. (Jeffrey Abrahams/Gallo Images) The swift formation of a new coalition government has bolstered investor confidence and fuelled the rand rally, says Godongwana. The local currency rallied 3.7% against the dollar since President Cyril Ramaphosa announced a new cabinet in June. The FTSE/JSE All Share Index has gained 6.6% over the

Any manner you discover at it, the stock market is dangerously hyped up now

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Cryptocurrency vs Inventory Markets: Which One Must easy You Invest In?

The investment world has taken a whole new paradigm shift in the past decade, where cryptocurrency has emerged as a radical alternative to the traditional stock markets. The more an investor delves into new financial models, the more heated the debate on cryptocurrency vs stock markets becomes. However, both asset classes have their merits, but

Inventory market currently: Wall Avenue climbs as S&P 500 closes out fourth straight winning month

Stocks on Wall Street finished broadly higher Friday as the market closed out its fourth straight winning month with solid gains. A late-afternoon rally helped stocks bounce back from a midafternoon slide. The S&P 500 rose 1%, with about 76% of the stocks in the index notching gains. The benchmark S&P 500 closed August with

Fletcher Building reaches multi-million dollar settlement over leaky pipes

Navigation for News Categories Photo: supplied Fletcher Building sets aside NZ$168m to repair leaky pipes Covers only builders signing up to state backed settlement Major complainant Perth building firm BGC not part of deal Fletcher does not admit liability, to defend BGC legal action Fletcher concedes successful legal action may have "material adverse impact" on

Inventory market update: Shares that hit 52-week lows on NSE in on the present time’s alternate

NEW DELHI: Globale Tessile, Mahalaxmi Fabric Mil, Poddar Housing, Filatex Fashions and NACL Industries and others were among the stocks that touched their 52-week lows in today's trade. Domestic benchmark index NSE Nifty ended 99.61 points up at 25151.95, while the BSE Sensex closed 349.05 points up at 82134.61. On the other hand, Cybertech Sys

Stock market update: Nifty Auto index advances 0.54%

NEW DELHI: The Nifty Auto index closed on a positive note on Thursday. Shares of Tata Motors Ltd.(up 4.39 per cent), Tata Motors Ltd.(up 2.93 per cent), Bajaj Auto Ltd.(up 1.42 per cent), Hero MotoCorp Ltd.(up 1.19 per cent) and Balkrishna Industries Ltd.(up 1.11 per cent) ended the day as top gainers in the pack.

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