By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange all-share index (NSEASI) and market capitalisation dipped 1.11 percent and 0.14 percent to close the week at 41,472.10 and N14.982 trillion respectively. “Similarly, all other indices finished lower during the week with the exception of the NSE CG, NSE Banking and NSE Pension […]
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United Bank for Africa Plc | First Glance: FY-17; Fair Performance
March 23, 2018/Cordros Report United Bank for Africa Plc (UBA) released its FY-2017 results, showing growth in top and bottom line items – Gross earnings (+20.31% to NGN461.56 billion) and PAT (+8.75% to NGN78.59 billion) – but missing our estimates by 2.24% and 3.64% respectively. Against Bloomberg’s polled estimates, pre-tax […]
Intraday Update: NSEASI Up +0.57% on Continuous Buy Interest Across Sectors
March 23, 2018/InvestmentOne Research ASI as at 12.00pm: +0.57%. Market movers: CADBURY (+9.81%), JAPAULOIL (+9.52%), FTNCOCOA (-8.33%), FIDSON (-4.95%). Sector Performances: Banking (+2.18%), Industrial (+0.92%), Consumer Goods (+0.11%), Oil & Gas (+0.04%). Market activity: In today’s early trade, While total volume declined by c. 23%, total value increased by c.5% […]
