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National Stock Exchange (Nse) Defined

Second-largest stock exchange based in India.

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Sensex tumbles by 1,998 pts to record the biggest ever weekly fall

Published October 11, 2008, 8:51 am, New Kerala

Mumbai, Oct 11: The key benchmark Sensex of the Bombay Stock Exchange (BSE) slumped by 1,998.47 points, or 15.95 per cent, to 10,527.85 points, registering the biggest ever weekly low, in the week ended yesterday amid wild rumours about the global recession led to panic sales across the globe.

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Equities markets suffer worst mauling in recent times

Published October 11, 2008, 6:37 am, New Kerala

Mumbai, Oct 11: With foreign institutional investors resorting to large scale selling, Indian equities markets suffered their worst ever mauling in recent times and a key index fell 16 percent during the week.

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Nigeria: NSE - In the Shadow of Globalisation

Published October 11, 2008, 3:19 am, AllAfrica.com

We can very safely declare that the poor state of the Nigerian economy has had nothing to do with the collapsing global capitalist markets of the western world. The plea of global village knock-on effect? Naw! That would be pure copycat syndrome.

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Indian equities tank seven percent in day-long mayhem

Published October 10, 2008, 9:17 am, New Kerala

Mumbai, Oct 10: As fears over the impact of the global financial crisis on the Indian economy escalated Friday, a key Indian equities index closed with one of its steepest losses in recent months, with interventions by the government, the central bank and the markets watchdog having little impact to lift the battered sentiments.

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Indian equities tank seven percent in day-long mayhem

Published October 10, 2008, 8:38 am, Calcutta News

As fears over the impact of the global financial crisis on the Indian economy escalated Friday, a key Indian equities index closed with one of its steepest losses in recent months, with interventions by the government, the central bank and the markets watchdog having little impact to lift the battered sentiments.

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Nigeria: Global Financial Crisis - We've Not Appointed Bailout Banks - NSE

Published October 10, 2008, 4:48 am, AllAfrica.com

Nigerian Stock Exchange (NSE) said on Thursday it was collaborating with banks to restore investors' confidence in the market, which for sometime now has continued to wane.

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Indian markets end with key index down 7 percent

Published October 10, 2008, 4:27 am, New Kerala

Mumbai, Oct 10 : A key Indian equities index ended Friday with a loss of over 800 points, or 7 percent, after interventions in tandem by the government, the central bank and the markets watchdog to cushion the impact of global financial crisis.

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Nigeria: Multiverse to Acquire Mineral Extractive Sites in Four States By 2010

Published October 10, 2008, 3:39 am, AllAfrica.com

Multiverse Resources Plc, a company specialised in mining, has announced its plans to expand its operations across the major geo-political zones in the country, even as it intends to acquire mineral extractive sites in four states before the end of 2010.

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Nigeria: Stock Market - Four More Banks Join Bail-Out Plan

Published October 10, 2008, 3:16 am, AllAfrica.com

Efforts by the Nigerian Stock Exchange (NSE) and some banks to bail out the nation's stock market from its lingering slide received a boost yesterday as more banks signified their interest to be part of the package.

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Nigeria: Credit Crunch - Yar'Adua Seeks Private Sector Partnership

Published October 10, 2008, 3:05 am, AllAfrica.com

President Umaru Yar'Adua called, yesterday, for partnership between government and the private sector in tackling the current global financial crisis.

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