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 […]
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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 […]
UAC Reports Q4 2017 Results – Sales Down by -21% YoY to N20.4bn
Culled—Proshare April 3, 2018/FBNQuest Research Event: UAC of Nigeria (UACN) reports Q4 2017 results Implications: Downward adjustments to consensus 2018E EPS forecast likely Positives: No obvious positives Negatives: Sales down -21% y/y to N20.4bn while PBT declined -88% y/y to N202m; opex grew 80% y/y to N3.5bn. Late last week, […]
