July 17, 2019 By Paschal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market closed negative on Wednesday as the benchmark index lost 0.56 percent to close at 28,042.80 basis points, following losses across all sector. InvestmentOne report says market breadth index was negative with 26 losers compared to eight (8) gainers. […]
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NSE ASI Wanes by 0.49% on Sustained Profit Taking Activities
July 16, 2019/Cowry Asset Kindly Click, here to download our market insight report for today.
Flour Mills of Nigeria Q2 2019: Weaker Margin Suppresses Earnings Despite the Fall in Finance Cost
July 16, 2019/InvestmentOne Report • Mixed top line: down 3.16% q/q, up 10.07% y/y. • Weak gross profit margin: down 573bps q/q; 573bps y/y. • Lower Opex to sales ratio: up 5bps q/q; down 247bps y/y. • Weaker Profit Before Tax: down 342.40% q/q; 143.71% y/y Recently, Flour Mills of […]
