By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one (1) lender, Access Bank Plc said on Wednesday its post-tax profit for the period ended December 31, 2017 declined13.2 percent to N61.99 billion from N71.43 billion recorded a year ago. In the same vein, pretax profit dropped 11.4 percent to N80.07 billion […]
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Investors in the Nigerian Equities Market Downbeat, as Benchmark Index Decline -0.46%
March 21, 2018/Cordros Update EQUITIES Investors in the equities market were downbeat, with the ASI declining by 0.46% to 41,495.43 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to -4.24% and 8.50% respectively. The Industrial Goods (-2.50%) index posted the largest loss, followed by the Insurance (-0.72%) and Consumer Goods […]
Bears Sustain Hold on Nigerian Equities Market, as NSEASI Shed -0.46% on Sell-Offs in Industrial, Consumer Goods Sectors
March 21, 2018/InvestmentOne Research Bearish sentiments continued to prevail in the Nigerian equities market as the ASI shed 0.46% in today’s trading session. Similarly, market breadth index ended negative with 19 advancers against 35 stocks that declined. FIDELITYBK (+7.76%) was the best performing stock today while CADBURY (-9.64%) topped the […]
