Investors Bite

11 Plc Reports Q4 2017 Results – Shares Have Shed -4.5% YTD Compared With The ASI’s 8.5% Gain

Culled—Proshare April 3, 2018/FBNQuest Research  Event: 11 PLC (11) reports Q4 2017 results Implications: Positive reaction by the market likely Positives: Q4 sales and PBT both up 66% y/y and 22% y/y to N37.0bn and N4.3bn respectively Negatives: Limited  Last week, 11 PLC published Q4 2017 results which showed that sales […]

GTBank Board to Meet April 18, 2018 to Consider Q1 2018 Report

April 3, 2018/NSE Pursuant to the post-listing requirements of the Nigerian Stock Exchange for quoted companies, Guaranty Trust Bank plc hereby informs you that the Board of Directors of the Bank is scheduled to meet on Wednesday, April 18, 2018, to consider the Unaudited Financial Statements for the first quarter […]

Nigerian Equities Market Open Week Bearish, as NSEASI Sheds 1.56%

April 3, 2018/InvestmentOne Report The Nigerian equities market closed the first trading session of the week on a bearish note, shedding 1.56%. Also, market breadth index ended negative with 11 stocks gaining against 38 stocks that declined. CAVERTON (+8.99%) was the top gainer today while FIDELITYBK (-9.33%) had the worst […]