Culled—Proshare December 5, 2018/FBNQuest Research Material cuts to earnings forecasts International Breweries’ (IB) Q3 2018 (end-Sep) results were broadly behind our estimates. Sales for the quarter surprised positively (+13%) but this was more than offset by a 500bp underperformance in EBIT margin. Consequently, Q3 pre-tax losses were 83% worse than […]
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Nigerian Bourse Appreciates by 0.47% on DANGOTE CEMENT Shares
December 5, 2018/Cowry Asset Kindly Click here to download our market insight report for today.
Bulls Sustain Hold on Nigerian Bourse, as NSEASI Up +0.47% on Gains in Industrial Counters
December 5, 2018 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday closed the third trading session of the week positive, gaining 0.47 percent to 31,151.68 basis points compared to +0.68 percent gain recorded previously, bringing Year-to-Date (YTD) returns to -18.54 percent. InvestmentOne report says market breadth index was […]
