Capital Market

Cadbury Nigeria Plc Q4-16 – First Glance: -81.8% y/y PBT; Earnings to Recover in 2017

March 22, 2017/Cordros Research Click here to view full report Cadbury Nigeria Plc (CADBURY) released Q4-2016 and 2016 full year results yesterday. As in 2015, the profit (against our expectation of a loss) reported in the fourth quarter was a positive surprise, therefore resulting into a loss before tax of […]

Asian shares at 21-month highs, dollar soft on Fed views

March 21, 2017/Reuters By Hideyuki Sano Asian shares hit 21-month highs on Tuesday while the dollar and U.S. bond yields were on the backfoot on the prospect of a less hawkish than previously expected Federal Reserve policy trajectory. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.3 percent […]

Stocks Record Fifth Straight Gain First Time in 2017, NSE ASI Climbs 0.70%

By InvestAdvocate Click here to read full report Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday recorded its fifth consecutive gain for the first time this year, with the all-share index (ASI) climbing 0.07 percent to 25,671.55 points. “Today’s positive performance increased the Month-to-Date gain to 1.35 percent and trimmed […]