June 19, CNBC Matthew J. Belvedere | Peter Schacknow Global markets were awash in red this morning after President Donald Trump ratcheted up trade pressure on China, asking the U.S. trade representative late Monday to identify $200 billion worth of Chinese goods for additional tariffs at a rate of 10 […]
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Intraday Update: NSE Down-0.53% on Sell-Offs in Banking, Industrial Goods Counters
June 19, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market as at midday Tuesday is down -0.53 percent on sell-offs in Banking and Industrial Goods counters, according to InvestmentOne report. As at the time of filing in this report, market movers at the Nigerian Stock Exchange (NSE) on the negative […]
Weekly Valuation Summary June 19, 2018
June 19, 2018/Cordros Research CADBURY NIGERIA PLC (CADBURY) – SELL ▪ The shares of CADBURY rose by 2.77% to 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 […]
