Equities

FPIs take Rs 11,000 crore off equities in September

New Delhi: Foreign investors are turning their back on Indian shares as they pulled out over Rs 11,000 crore from stocks in September due to geo-political concerns, slowdown in corporate earnings and higher valuations. The net outflow by foreign portfolio investors (FPIs) follows withdrawal of Rs 12,770 crore from equities in August. Prior to that, they had pumped in over ...

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Ameriprise Financial Inc. Has $106.71 Million Position in Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Ameriprise Financial Inc. lifted its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 1.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 885,616 shares of the real estate investment trust’s stock after purchasing an additional 12,310 shares during the period. Ameriprise Financial Inc. owned ...

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Equities Market Records Mixed Performance, Investors Grab N14.083bn

Lagos – Performance for the last week of the month of September was mixed as the local bourse gained on three of five days. Despite this, the All Share Index marginally lost 0.1 per cent week-on-week (W-o-W) to close at 35,439.38 points, while year-to-date (YTD) return moderated to 31.9 per cent. See also: Equities Market Rebound, NSE Index Up 0.43% Investors lost ...

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Investors earn N2.97tr in nine months

•Got N765b in three months Equities’ investors at the stock market netted N765 billion in the three-month period that ended September 30, pushing the year-to-date gain for the first nine months of the year to N2.97 trillion. Despite a recurring profit-taking trend that led to tepid performance in September, quoted equities drew on strong rallies in the early months of ...

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With US stocks, growth trumps quality

US investors are not rewarding companies for generating good earnings consistently, opting instead for a stock-picking strategy that might be called “growth at a high cost”. High-quality stocks selected for their strong balance sheets and stable earnings have appreciated just 12 per cent this year, according to Goldman Sachs Group Inc, while the broader S&P 500 benchmark index has returned ...

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FMCGs, banks lead as equities rally N765b gain in Q3

Investors in fast-moving consumer goods (FMCGs) companies and banking stocks recorded above average gains in the third quarter as Nigerian equities sustained its bullish streak with a net capital gain of N765 billion within the three-month period ended September 30, 2017. Key indices at the Nigerian Stock Exchange (NSE) showed a largely positive third quarter, in spite of a sustained ...

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