March 15, 2018/InvestmentOne Report The Nigerian equities market sustained its downtrends today as NSE-ASI shed 1.53%. Similarly, market breadth index ended negative with 15 stocks gaining against 39 stocks that declined. NPFMCRFBK (+9.78%) had the best performance while FIDELITYBK (-9.25%) topped the laggards chart. ZENITHBANK (-3.85%) was the most actively […]
Investors Bite
Guaranty Trust Bank Plc- Decent Result but Signs of Lower ROE Emerges
Culled—Proshare March 15, 2018/ARM Research Guaranty Trust Bank (GTB) released full-year 2017 audited numbers announcing a 34% YoY expansion in EPS to N6.03 (2017E: N5.67). In addition, the bank declared a final dividend of N2.40 which in addition to interim of N0.30 brings total payout to N2.70 – 10kobo below […]
Intraday Update: NSEASI Down -0.59% on Sell-Offs in Banking, Oil & Gas Counters
March 15, 2018/InvestmentOne Update ASI as at 12.00pm: -0.59%. Market movers: FIDELITYBK (-9.25%), JAPAULOIL (-8.75%), NPFMCRFBK (+9.78%), HONYFLOUR (+4.05%). Sector Performances: Banking (-2.22%), Oil & Gas (-1.15%), Consumer Goods (+0.26%), Industrial. Market activity: In today’s early trade, total volume and value increased by c.48% and c.21% respectively compared to this […]
