March 5, 2018/InvestmentOne Report ASI as at 12.00pm: +1.29%. Market movers: CAVERTON (+9.95%), JAPAULOIL (+9.52%), REGALINS (-8.33%), PZ (-4.94%). Sector Performances: Oil & Gas (+4.20%), Industrial (+1.83%), Banking (-0.24%), Consumer Goods (-0.04%). Market activity: In todayâs early trade, total volume and value declined by c.50% and c.9% respectively compared to […]
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World’s Best Performing Macro Hedge Fund Lost 16% Last Month
4/3/2018/Bloomberg By Klaus Wille PruLev Global Macro Fund slumps after gaining 52% last year Singapore-based fund fell as markets roiled in February The PruLev Global Macro Fund gave up almost one-third of last year’s 52 percent gain in February, after being caught out by the return of volatility. The fund, […]
Nestle Nigeria Says 2017 Pretax Profit up 117.3%, Offers N27.50 Final Dividend
March 4, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Food and beverage producer, Nestle Nigeria Plc last Friday said pretax profit for the full year ended December 31, 2017 grew 117.3 percent to N46.828 billion from N21.548 billion posted a year ago. Similarly, post-tax profit of the beverage maker increased 325.5 percent to […]
