BUZZ-U.S. STOCKS ON THE MOVE-Tesla, Pfizer, Moderna, Exxon Mobil

Credit: REUTERS/CARLO ALLEGRI Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: http://tmsnrt.rs/2ggOmBi U.S. stock index futures rose about 1% on Tuesday as better-than-expected manufacturing data from China and hopes that major drugmakers will roll out vaccines before the end of the year increased bets of a quick recovery from the COVID-19 […]

Africa Business in Brief - 27 SEP 2020

Africa Business in Brief – 27 SEP 2020

Coronavirus (COVID-19) World: The European Investment Bank (EIB) has approved EUR12.6-billion of new financing for projects across Europe and around the world. New financing includes more than EUR3.1-billion of COVID-19-related investment to improve public health, strengthen public services and back investment by companies in sectors hit by the pandemic. The EIB Board also backed investment […]

Stock market reverses previous gains as indices plummet by N36b

Stock market reverses previous gains as indices plummet by N36b

Following price losses incurred by most highly capitalised stocks, transactions on the equities sector of the Nigerian Stock Exchange (NSE) reopened on a negative note, as market capitalisation plunged by N36 billion. Reversing the positive trend at the previous trading session, the All-Share Index (ASI) shed 97.03 absolute points yesterday, representing a dip of 0.31 […]