Culled—Proshare May 4, 2018/FBNQuest Research Event: Presco reports Q1 2018 results Implications: Neutral-to-negative reaction by market expected Positives: No obvious positives Negatives: PBT and PAT declined by -33% y/y on average Late yesterday, Presco published its Q1 2018 results which showed that sales declined by -8% y/y to N6.6bn. In […]
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Diane Blizzard of SEC’s Division of Investment Management to Exit Agency After 18 Years
May 4, 2018/US SEC The Securities and Exchange Commission today announced that Diane C. Blizzard, Associate Director of the agency’s Division of Investment Management, is planning to leave the agency at the end of May after 18 years of service. Since 2012, Ms. Blizzard has led the Division’s rulemaking offices […]
NSE Closes Session Green, Week-to-Date Returns Down -0.06%
May 4, 2018/InvestmentOne Report The Nigeria equities market closed today’s trading session in the green, gaining 0.27%. However, WTD performance is down by 0.06%. Similarly, market breadth index was positive with 26 stocks gaining against 22 stocks that declined. INTBREW (+9.05%) had the best performance today while MOBIL (-4.95%) was […]
