The Association of Securities Dealing Houses of Nigeria has accused banks of bypassing licensed stockbrokers as receiving agents in the fresh recapitalisation exercise. In a statement jointly signed by the Chairman of ASHON, Sam Onukwue and its Secretary, Athan Ogbozor, on Tuesday, the association said that banks were empowering their staff members, including drivers and
[mc4wp_form id=33047] …….. Warns Against Unapproved Channels For Share Subscriptions By Banks The Association of Securities Dealing Houses of Nigeria (ASHON) has raised concerns over banks’ bypass of stockbrokers in share subscription process in the current recapitlisation exercise. In a statement made available to THE WHISTLER, the association stressed the need for issuers and investors
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock’s price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use
The Securities and Exchange Board of India (SEBI) imposed a penalty of Rs 7 lakh on Anand Rathi Share and Stock Broker Limited for failing to properly inspect the trading terminals of its authorised persons. SEBI’s inspection revealed that the trading terminals were not at the locations reported to the exchanges by the stockbroker. The
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock’s price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock’s price, but are they really important? Let’s take a look at what these Wall Street heavyweights have to say about Dollar Tree (DLTR) before
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock’s price, but are they really important? Let’s take a look at what these Wall Street heavyweights have to say about New Gold (NGD) before
Illustration by Binay Sinha 3 min read Last Updated : Aug 23 2024 | 1:44 PM IST Shares of Authum Investment and Infrastructure (Authum) hit a record high of Rs 1,724, surging 5 per cent on the BSE in Friday’s intra-day trade. The stock of non-banking finance company (NBFC) is trading higher for
4 min read Last Updated : Aug 23 2024 | 12:31 PM IST Shares of Balu Forge Industries (BFIL) hit a new high of Rs 679.95, as they rallied 5 per cent on the BSE in Friday’s intra-day trade. Today’s jump in the company’s stock price has extended the 13 per cent gain it
Image source: Getty Images The Whitehaven Coal Ltd (ASX: WHC) share price is tracking lower on Friday and is now 7% in the red at $7.17 apiece. Whilst the company has not released anything price-sensitive today, it did post its FY24 results on Thursday, and two leading brokers have slashed their estimates on the company. Let’s