Market decline

Foreign investor exit wreaks havoc as stock market falls by 973.2 billion naira in seven months

Eromosele Abiodun and Darasimi Adebisi Profit taking on share price appreciation recorded last year and exit by foreign investors Had a negative impact on the Nigerian stock market in the first seven months of 2021 as investors lost $ 973.2 billion nairas. Specifically, the market capitalization, which measures the value of all stocks, fell from […]

Market decline

Hedge Funds See Declining Crypto Market As An Investment Opportunity

The crypto market cap has fallen more than 40% from its peak of $ 2.5 trillion in early May, but institutional investors continue to rush into the market. Although Bitcoin (BTC) is losing more than half of its value in US dollars and altcoins are reaching almost 70% on average, big players like hedge funds […]

Market decline

Energy and banking stocks collapse and drive global market down | New

Banks and energy companies helped pull stocks mostly lower on Wall Street on Tuesday, ending the S&P 500’s seven-day streak of record close. The benchmark index fell 0.2% after declining 0.9%. The Dow Jones Industrial Average fell 0.6%. Tech stocks rose, helping the Nasdaq to make a modest gain that pushed the index to an […]

Market decline

Feed market update – favorable weather conditions trigger grain market decline

More favorable weather conditions in June saw a welcome drop in global grain markets as UK pork producers continue to struggle against record production costs. Despite the steady rise in pork prices in recent months – the SPP stood at 157.57 for the week ended June 26 – margins remain under pressure. Input costs remain […]

Market decline

Musk backs crypto on Fiat as market decline continues

Tesla CEO Elon Musk Elon Musk endorsed cryptocurrencies over fiat currencies despite continued market selling The billionaire has recently come under heavy criticism. Musk previously said Tesla would no longer accept BTC as a payment method. The change in stance has been attributed to environmental concerns during bitcoin mining. China’s crackdown is hurting bitcoin Following […]

Market decline

Australian MVNO services on the rise amid a global downturn in the market

Credit: Dreamstime Mobile Virtual Network Operators (MVNOs) in Australia have exploded in popularity amid COVID-19, recording operating services (OIS) growth of 13% over the past year, while SIO with mobile network operators (MNOs) – telecommunications operators – plunged over the same period. This is according to technology analyst firm Telsyte Australian Mobile Services Market Study […]

Market decline

Market decline looks like short-term pullback for now, analysts say

Traders work on the floor of the New York Stock Exchange. NYSE Stocks are in a turbulent period now, and technical analysts say it looks like a short-term pullback. Strategists say it would make sense for this week’s sales to fit into the pattern of many pullbacks with a 3-5% drop. But corporate earnings season […]

Market decline

Binance CEO Responds to Decline in Crypto Market on Twitter by CoinQuora

Binance CEO Responds to Decline in Crypto Market on Twitter Changpeng Zhao (CZ) reacted to the latest crypto market drop via tweet The top 100 cryptocurrencies saw a market drop of -10% to -20% The 3 major currencies, BTC, ETH and Binance continue to hold the fort. The crypto market is on a downtrend, an […]

Market decline

Will the Canadian housing market decline?

The Canadian housing market has been stretched this year after already going through a record year. Several predictions pointed to a significant drop in house prices, including an 18% drop predicted by the Canada Mortgage and Housing Corporation (CMHC). The resilient real estate market has completely discredited the naysayers. “The housing market is on fire […]

Market decline

Here’s why clinical-stage biotechnology hit hardest in a market decline

BIotech investors are probably a little depressed, with industry valuations falling since their peak in February. In this video by Motley Fool Live, registered on March 8, Fool.com contributors Brian Orelli and Keith Speights, explain why early stage small businesses were particularly hard hit during the recession. 10 stocks we like better than NovavaxWhen investment […]