Investors Bite

Nigerian Stocks Shed -0.10% Dragged by MTNN, Sectoral Losses

May 4, 2021 By Evans CHARLES InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Tuesday closed negative  as NGX-ASI shed 0.10 percent to close at 39,879.87 basis points dragged by telecom giant MTN Nigeria Communications Plc and losses in most sectors. InvestmentOne reports that conversely, market breadth index was positive with […]

PepsiCo Announces Webcast of Annual Shareholders’ Meeting

May 4, 2021/PepsiCo PepsiCo, Inc.’s (NASDAQ: PEP) virtual annual shareholders’ meeting (the “Annual Meeting”) will be webcast live on Wednesday, May 5, 2021 at 9 a.m. Eastern Daylight Time. In light of ongoing concern regarding COVID-19, and to promote the health and well-being of our employees, shareholders, directors, officers and […]

Investment Recommendation – Zenith Bank Plc

May 4, 2021/Cowry Asset Research     In line with our expectations, Zenith Bank Plc’s financial result in FY 2020 was positive amid increase in capital gains from traded fixed income securities, foreign currency revaluation gain and lower cost of funds as rates across maturities crashed to a record low […]