SDB Club Benchmark Real Estate

The announcement of the award of National Honour on the Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, raised interest at the money market last week. Dealing banks, traders as well as investors in the market, local and international, were concerned about the implication of the recognition on the current state of the [...]

Local equity markets are witnessing huge volatility approaching the last hour of trade. Importantly, local markets are defying gravity and are trading in the green notwithstanding the subdued European markets wherein major markets have lost more than 1%. Most of the Asian markets also settled in the red, reflecting the persistent uncertainty in the global [...]

The key benchmark indices provisionally ended a choppy trading session with small gains. Equities rebounded from a near 1% fall on Monday, 22 March 2010, triggered by worries higher interest rates may hamper the ongoing strong economic rebound. The BSE 30-share Sensex was provisionally up 30.14 points or 0.17%, up close to 85 points from [...]

Benchmark indices are trading around the neutral line in the absence of any clear trigger. Markets are trading in a tight-range at this point of time. However, BSE mid-cap and small-cap indices have gained significant strength today. Riding on strong advance figure for Q-4 of FY10, index heavyweight RIL (Reliance Industries Limited) has advanced more [...]

Asian markets are trading firm on Wednesday with investors going in for some hectic buying, tracking a positive close on Wall Street overnight and higher commodity prices. Hopes of a global economic recovery on the back of the European Union’s move to help Greece get out of its debts and some encouraging reports from across [...]

After getting off to a good start, the local equity markets continued to add weight in the mid-morning session tracking strong global cues. The BSE Sensex and the S&P CNX Nifty touched fresh highs and were trading near those levels. The bears were bleeding in trade as the bulls were dominating the entire sectoral space [...]

The local markets pared their early gains and entered into the negative terrain during the last hour of trade. Most of the Asian equity markets were trading in the green. Meanwhile, the Indian rupee registered a 16-month high against the dollar, riding on the disappointing US jobs data. The broadly followed 30-share Sensex was hovering [...]