August 9, 2017/InvestmentOne Research Please click to download the Market Report for Wednesday 9th August 2017 EQUITIES: Another day of positive close for the ASI today with a gain of +0.38% as the Nigerian bourse’s bullish run entered its seventh day. The index YTD return now stands at +41.93% while market capitalisation […]
Results & Dividends
International Breweries Q1 2018 Results Review – Downgrading to Underperform
Culled—-Proshare August 9, 2017/FBNQuest Research Modest changes to our earnings estimates International Breweries’ Q1 2018 (end-Jun) results were broadly in line with our estimates. It is worth mentioning that the net finance charge line surprised negatively but was offset by a positive surprise on the tax line. Given the in-line […]
Union Bank Plc H1 2017 Conference Call & Earnings Presentation – The Key Takeaways
7/8/2017/Proshare Markets Union Bank Plc held its H1’17 Investors and Analyst Conference Call Earnings Presentation. Proshare NG participated along with leading market analysts and professionals. In reviewing the operating environment, the bank stated that despite the decline in crude oil prices, sustained production levels maintained the external reserves value at […]

