December 5, 2018/Cordros Securities We have a target price (TP) of NGN5.97/s for SAHCO, representing an upside of 28.44% relative to its IPO price of NGN4.65/s. Our positive investment case for SAHCO centres on the fact that the company represents a long-term play on air traffic and aviation industry growth […]
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Exchange Traded Products Record $358 Billion Net Flows Globally in 15 Years
December 5, 2018 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Exchange Traded Products (ETPs) globally has recorded $385 billion net flows as at October 2018, according to Oscar Onyema, CEO of the Nigerian Stock Exchange (NSE) in his welcome Address at 2018 Exchange Traded Products Conference tagged “Exchange Traded Products: Evolving investment […]
Intraday Update: Nigerian Stocks Heads North on Buy Interest in Industrial Sector
December 5, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks as at midday Wednesday is up +0.20 percent on buy interest in the Industrial Goods sector. InvestmentOne reports that market movers are Diamond Bank Plc and Wapic Insurance Plc; both have gained +8.97 percent and +8.11 percent each, while on the flip-side […]
