By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Monday sustained its hold on the Nigerian Stock Exchange (NSE), as the all-share index (ASI) declined by 0.70 percent to close at 25,986.81 points. “Following today’s negative proceedings, the Month-to-Date (-4.53 percent) and Year-to-Date (-9.57 percent) returns declined further,” according to Cordros […]

November 11, 2016/Cordros Research We upgrade recommendation on DANGSUGAR to BUY (previously HOLD), with 2017 TP of N8.31. The company’s dominance in the sugar industry — more so considering that unofficial imports have been significantly constrained by FX scarcity — has allowed management to boldly respond to cost pressures via […]

By InvestAdvocate Lagos (INVESTADVOCATE)-The SIAML Pension ETF 40 with the initial offer size of N1 billion is an Exchange Traded Fund which aims to replicate as closely as possible, the total return of The NSE Pension Index (i.e. an index which tracks the top 40 companies on The NSE in […]