February 21, 2020/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI lost 0.65% to close at 27,388.62pts. Similarly, the market lost 1.32%WTD. In today’s trade, market breadth index was negative with 20 losers against 14 gainers. SKYAVN (-9.97%) was the top today loser while JAIZBANK (+9.52%) led the gainers’ chart. […]
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Zenith Bank 2019FY: Result in Line with Expectations
February 21, 2020/Cordros Report ZENITHBANK recently released its audited FY-19 numbers, which were generally in line with our expectations. As expected, the performance was supported by strong non-interest income growth, just as interest income declined during the period. However, due to the stronger expansion in NII, the bank recorded good growth […]
Gain in BUACEMENT Drives Nigerian Equities Market Higher by +0.17%
February 20, 2020/InvestmentOne Report The Nigerian equities market closed positive today as NSE-ASI gained 0.17% to close at 27,568.91pts. In today’s trade, market breadth index was positive with 19 gainers against 9 losers. AIICO (+10.00%) was the top gainer today while LAWUNION (-10.00%) led the losers’ chart. SOVRENINS was the most actively […]
