Buy Amazon and Shopify Stock Before Q1 Earnings for Big Growth?
Stocks popped Wednesday after they slipped to start a busy week. Wall Street is now engulfed by earnings reports from bellwethers in finance, technology, and...
Category : STOCK MARKET
Nigeria Currency Falls at Parallel Market as CBN Moves Against IMTOs
The exchange rate between the naira and the dollar depreciated closing at N394.17/$1 at the NAFEX (I&E Window) where forex is traded officially. Forex turnover,...
Microsoft’s Stock Has More Than 10% Upside
At the current price of around $235 per share, we believe Microsoft’s stock (NASDAQ: MSFT) has moderate growth potential in the near term. MSFT stock has risen...
WeWork lost $3.2 billion last year, the office-sharing startup disclosed in a presentation shown to prospective investors as part of a pitch for $1 billion...
Banks Warm up to Micro, Small and Medium-sized Enterprises
The smaller firm are the lifeline of Kenya’s economy, accounting for over 70 per cent of employment Available data shows that banks such as Equity...
South Africa: Emerging Markets’ Bonds Stand to Bear the Brunt of a Risk-Off Response to Global Inflation Fears
US bonds just keep on rising despite the US Fed again insisting this week that it doesn’t see inflation becoming a problem. A continuation in...
NSE: Investors Lose N15.19bn in Stock Market
Investors lose over N15.19 billion at the close of trading on the floor of the Nigeria Stock Exchange (NSE) on Wednesday. The equity capitalization closed...
Bitcoin May Hit $500,000 in a Few Years if Dollar Printing Continues -Asset Manager
The CEO of One River Asset Management Eric Peters says Bitcoin is likely to hit $500,000 in the long run. Peters whose firm also holds...
How to Make Money in a Pandemic: Buy ‘Stay-at-Home’ Stocks’?
During this unique time in history, some stock market analysts believe that the COVID-19 pandemic has the potential to change the investment landscape forever. “It is...
6 Charts That Help Illuminate Key Market Development
This is an excerpt from my 2020 End of Year Special Report. The charts made the list either because they were something completely new or just...
Africa stock Market Index
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. – – – –...
Oil Rises on Middle East Tensions, Weaker US Dollar
Oil prices rose 3% on Tuesday as tensions in the Middle East escalated following the downing of a Russian fighter jet near the Syrian-Turkish border,...
African Stockmarkets – Factors To Watch In November
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. - - - -...
Forex Hit knocks Harmony’s Profit
Harmony Gold Mining reported a headline loss of 120 cents per share for the first quarter of the 2015/2016 financial year, compared with a 44-cents...
Stanbic IBTC Reports 46.3% Fall In 9-Month Profit
*Shareholder Wants Regular Forensic Audit Of Companies There may be more troubles ahead for shareholders of Stanbic IBTC Holdings Plc, following the submission of the...
Nairobi Securities Exchange To Launch ETF And Derivatives Services
The Nairobi Securities Exchange has announces it is preparing to launch ETF and derivatives add-ons in an effort to encourage liquidity and greater local investor...
Global Economic Slowdown in Danger of Persisting
The global economic slowdown shows a risk of extending into next year, along with a prolonged period of disinflation, according to the overwhelming majority of...
Kenyan Treasury Bill Yields To Rise
The yields on Kenya’s Treasury bills and a bond on sale next week are expected to rise, but at a slower rate, traders said. The...
UBA Nigeria Profit Rise 44% to N48.6 Billion in Nine Month
United Bank for Africa (UBA) Plc on Thursday reported its financial results for the nine months September 30, 2015, showing a rise of 44 per...
Triton Minerals Improves Downstream Economics For Mozambique Graphite
has underlined the unique marketing versatility of its graphite resources on the Balama North and Ancuabe projects in Mozambique with new testwork confirming large particle...