June 25, 2018/Cordros Capital CADBURY NIGERIA PLC (CADBURY) – SELL ▪ The shares of CADBURY closed flat at NGN13.00. CADBURY trades at a significant forward PE above its 5-year historical average of 24.9x. ▪ CADBURY published Q1-18 result, showing EBIT was higher by 76.2% while PBT was lower by 67.2%, […]
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Nigerian Stocks Open Week Up +0.34% on Bellwether Counters
June 25, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Monday opened the first trading session of the week positive as the Nigerian Stock Exchange all-share index (NSE-ASI) gained 0.34 percent to close at 37,992.12 points on bellwether counters. InvestmentOne reports at the close of the trading session on […]
Nigerian Stocks Week-to-Date Performance Down -2.74% on Sell-Offs
June 22, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Friday closed negative in the last trading session of the week as benchmark index lost 0.76 percent to close at 37,862.53 points; bringing the week-to-date (WTD) performance down by 2.74 percent and driven by sell-offs across sectors. InvestmentOne reports […]
