October 4, 2018/InvestmentOne Report • Contraction in topline: down 8.1% q/q; 14.3% y/y. • Lower gross profit margin: down 745bps q/q; 380bps y/y. • Higher opex/sales ratio: up 457bps q/q; 377bps y/y. • A loss before tax of N205million in Q1 2019 against a profit before tax of N347million in Q4 2018 […]
Investors Bite
Intraday Update: Stocks up +0.11% on Buy Interest Across Sectors
October 4, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-As at midday Thursday, the Nigerian Stock Exchange (NSE) all-share index (ASI) is up marginally +0.11 percent on buy interest across sectors. InvestmentOne update reports that market movers as at the review period are cable makers, Cutix Plc and Jaiz Bank Plc; both up […]
Investors Jittery about Stock Market Crash ― Mobolurin
October 4, 2018/Punch Feyisayo Popoola The Chairman of Capital Bancorp Plc, Mr Olutola Mobolurin, says local investors have developed aversion for the Nigerian stock market because of the 2008 market crash. According to him, a lot of people have not recovered from the devastating losses they suffered as a result […]
