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 […]
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Intraday Update: Nigerian Equities Market down -0.08% on Sell-Ofss in Banking Counters
ASI as at 12.00pm: -0.08%. Market movers: CADBURY (-9.64%), ETI (-4.77%), DANGFLOUR (+5.00%), GUINNESS (+4.79%). Sector Performances: Banking (-0.44%), Consumer Goods (+0.44%), Industrial, Oil & Gas. Market activity: In today’s early trade, total volume and value increased by c. 128% and c.23% respectively compared to this time yesterday, as investors […]
Guaranty Trust Bank Q4 2017 Results Review – Modest 2018 PBT Growth Guidance
Culled—-Proshare March 21, 2018/FBNQuest Research 7% cut to earnings and price target GT Bank’s 2018 PBT guidance of N205bn implies PBT growth of just 2.4% (excluding recoveries). If that figure is achieved, it would mark the weakest year of PBT growth since 2010, although close to the 4% in 2013 […]
