October 23, 2018/Cordros Report ACCESS released its 9M-18 account late yesterday, showing 37% y/y and 33% q/q growth in EPS to NGN0.80 in Q3-18. In the 9-months period, PAT was up 12% y/y, at NGN62.91 billion. Mixed performance across income lines: Gross earnings grew 3%, supported by a surge in […]
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Rising Dividend Yields Signal Buy Opportunities in Bear Bourse
October 23, 2018/Cowry Asset Executive Summary It is no longer news that foreign portfolio investors (FPIs) are leaving our shores to pitch their tents with developed markets, especially the United States, given that investors’ return on money loaned to advanced economies has become increasingly attractive. Just in September 2018, the […]
Nigerian Stocks Sustain Bullish Run, on Gains across Sectors
October 23, 2018 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Tuesday closed the second trading session of the week positive, gaining 0.69 percent to close at 33,191.45 basis points; compared to +0.37 percent appreciation recorded previously and driven by gains across sectors, bringing Year-to-Date (YTD) returns to -13.21 […]
