Culled—Proshare December 15, 2017/FBNQuest Research Event: PZ Cussons Nigeria reports Q2 2018 (end-Nov) results Implications: Neutral to slightly positive reaction by the market likely Positives: Q2 sales up 42% y/y to N22.2bn; PBT and PAT both up 73% y/y and 110% y/y to N1.1bn and N628m respectively […]
Results & Dividends
Stocks Sustain Bearish Run on Sell-Offs in Major Banking, Industrial Goods Counters
December 14, 2017/InvestmentOne Research Similar to yesterday, the equities market ended today’s trading session on a bearish note as the NSE-ASI shed -1.56% to close down at 37,950.73pts. Market breadth index ended negative as 32 stocks declined against 10 stocks that gained. The market’s best performer was SEPLAT (+7.73%) while […]
Analysts Confidence in FirstBank Share Price Justified; Records 153.43% YTD Appreciation
Culled—Proshare 7/12/2017/Proshare Research Like other banking stocks, the share price of FBNH has seen a significant appreciation in the year 2017. Yesterday, December 06, 2017, the bank’s share price hit N8.49k to push its YTD return to +153.43%. Unlike other banking stocks however, only STANBIC and FIDELITYBK outperformed FBNH […]
