Culled—Proshare April 4, 2018/FBNQuest Research Event: International Breweries reports Q3 2017 (end-Dec) results Implications: Neutral-to-negative reaction expected by the market Positives: Limited Negatives: Pre-tax loss of –N3.5bn Earlier today, the NSE published International Breweries’ Q3 2017 (end-Dec) results. The company officially merged with Pabod Breweries (Pabod) and Intafact Beverages (Intafact) on […]
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Diamond Bank Says Unable to Release 2017 Audited Report
April 4, 2018/NSE This is to inform members of the Nigerian Stock Exchange (NSE), esteemed shareholders and other stakeholders that Diamond Bank Plc is unable to release its 2017 audited financial statements by March 31. 2018 as required by NSE rules. We have become aware that due to the stage […]
Bears Sustain Hold on NSE, as Benchmark Index Declines -026% on Sell-Offs in Banking, Consumer Goods Counters
April 4, 2018/InvestmentOne Report Similar to yesterday, the Nigerian equities market printed in the red, losing 0.26%. Market breadth index ended negative with 18 advancers against 26 stocks that declined. LASACO (+5.88%) topped the gainersâ chart  while DANGFLOUR (-9.54%) had the worst performance. FBNH (-1.22%) was the most actively […]
