July 31, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange all-share index (NSEASI) as at midday Wednesday is down -0.11 percent and driven by losses across most sector. InvestmentOne reports that market movers are oil marketer, Conoil Plc and paint producer, Berger Paints Nigeria Plc, both have lost -9.88 percent […]
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Lagos Bourse Dips by 0.46% on Renewed Profit Taking
July 30, 2019/Cordros Report EQUITIES The Nigerian equities market recorded a loss in today’s trading, clawing back the entire gain from the previous trading session of 0.11%, as sentiments once again turned negative. Consequently, the benchmark index dipped by 0.46% to 27,820.57 points, while the Month-to-Date and Year-to-Date losses worsened […]
Cement Co Northern Nigeria Plc: JMargin weakened on higher COGS
29/7/2019/Cordros Research Late on Friday, CCNN released its Q2 19 financial report which showed an EPS of NGN0.55; representing a decline of c.77% y/y, mostly on account of the material dilution arising from the merger with Kalambaina cement in 2018. Nonetheless, the EPS is tracking well ahead of Bloomberg consensus […]
