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Whistle Blowers Nigeria

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Bears break correlation between equities, oil prices

By
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On 28th June 2018
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At 4:35 am
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In Business
202 Views

The strong positive correlation between the Nigerian Stock Exchange (NSE) All share Index (ASI) and crude oil prices finally broke this year as investors sentiment turned bearish in the Nigerian stock market despite a rally in oil prices. The divergence began to emerge in early March as volatility hit Emerging Markets as traders worry about…

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The post Bears break correlation between equities, oil prices appeared first on BusinessDay : News you can trust.

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