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Stories published on May 7
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  • Stories published on May 7

Tuesday, May 7

13

Business News | Sensex-Nifty Ends in Red Amid Enhanced Volatility and Continued FII Selling

www.latestly.com

Get latest articles and stories on Business at LatestLY. After a positive start on Tuesday, the Indian stock market encountered selling pressure, leading to both indices slipping into the negative territory by the time the closing bell…

11

Goldman Sachs Warns Of Market Volatility Amid Uncertain 2024 Election Outcome Between Biden And Trump

www.benzinga.com

The stock market may face significant volatility if the 2024 Presidential election results are not swiftly determined, Goldman Sachs has cautioned.

10

Three Nigerian states seek foreign debt repayment suspension amid FX volatility

nairametrics.com

At least three Nigerian states Ekiti, Cross River and Ogun have proposed a suspension of foreign debt repayments due to severe foreign exchange volatility.

Monday, May 6

07

World News | Next Five Years for India Going to Be of Economic Stability Coupled with Volatility, Says J Sai Deepak

www.latestly.com

Get latest articles and stories on World at LatestLY. The next five years for India are going to be of economic stability coupled with volatility on different fronts, a prominent Supreme Court advocate has said, observing that the country…

04

Bank Indonesia ‘ready for the worst’ in face of hawkish Fed and currency volatility

www.ft.com

Senior monetary official says central bank prepared to do more after intervening to shore up rupiah

Saturday, May 4

13

Week Ahead: NIFTY Stays Vulnerable to Disruption of Primary Trend; Volatility Likely to Stay

stockcharts.com

The markets traded in a much wider range in the past trading week. Over the past few days, we had seen the markets and the VIX inching higher, i.e. moving in the same direction. In the previous technical note, we had expressly mentioned…

Friday, May 3

19

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09

‘Volatility Of Customs Duty Exchange Rate Hurting The Economy’

independent.ng

LAGOS – The frequent changes in the customs duty exchange rate have become a huge burden on the business community, the Centre for the Promotion of Private Enterprise (CPPE), has stated Dr. Muda Yusuf ,Chief Executive Officer of CPPE, in…

08

Volatility Of Customs Duty Exchange Rate Hurting Economy – Yusuf

leadership.ng

The chief executive officer of Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf has said the frequent changes in the customs duty exchange rate have become a huge burden on the business community. He stated this in a…

02

SET touts dividend stocks amid volatility

www.bangkokpost.com

Given global volatility and high interest rates, many investors are searching for investments with stable returns.

01

GameStop stock climbs 17% for biggest gain since November, sparks memories of ‘crazy’ meme volatility

www.marketwatch.com

GameStop Corp. shares ended Thursday’s session up 17% as the videogame retailer and original meme stock registered its biggest daily percentage gain since Nov. 29, 2023, when it rose 20.46%, according to Dow Jones Market Data.

Thursday, May 2

22

NGX-listed firms suffer ₦839.24 billion losses due to FX volatilities

www.pulse.ng

The combined losses represent 18.06% of the ₦4.64 trillion revenue generated over the same period.

20

17

Fidelity Digital Assets Study: Bitcoin’s Volatility Declines as It Grows, Echoing Historical Asset Trends

news.bitcoin.com

A new study by Fidelity Digital Assets reveals that as bitcoin matures, its volatility is decreasing, making it less volatile than several S&P 500 stocks. “As the asset class matures and its total market cap grows, the inflow of capital is…

05

Bitcoin Tops Returns In All Asset Classes Amid 'Repeatedly Disappointing Inflation Data': Mohamed El-Erian Shares Insights On Market Volatility

www.benzinga.com

Renowned economist Mohamed El-Erian shared a comprehensive table of financial returns for major assets and asset classes, highlighting the volatility of the market in April.

04

‘Volatility of customs duty’s forex rate hurting economy’

Chief Executive Officer, Centre for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf has called for stability in customs duty exchange rate in order to avoid unnecessary burden on...

Forex volatility, storage costs drive Car & General into losses

www.the-star.co.ke

Kenya's challenging market saw the overall volumes of two wheelers in 2023 drop by almost 77%.

Wednesday, May 1

00

CPPE urges CBN to address exchange rate volatility, peg customs duty at N1,000

championnews.com.ng

The Centre for the Promotion of Private Enterprises (CPPE) has urged the Central Bank of Nigeria (CBN) to adopt a framework that minimises volatility in the customs duty exchange rate. Dr Muda Yusuf, Founder, CPPE, said in a statement on…