By InvestAdvocate Lagos (INVESTADVOCATE)-Custodian & Allied Plc listed on the financial services sector of the Nigerian Stock Exchange (NSE) said on Thursday its profit after tax (PAT) hit N7.32 billion compared to N5.33 billion recorded a year earlier. Pretax profit grew 20.88 percent to N89.3 billion from N7.39 billion declared […]
Investors Bite
Access Bank Plc FY 2017 – No Room to Swing a Cat
Culled—Proshare March 22, 2018/ARM Research Access Bank Plc (Access) released its audited FY 17 result yesterday with earnings running a tad behind our estimates on account of higher impairment and FX revaluation losses. Precisely, EPS declined by 13% YoY to N2.14 (2017E: N2.53). Nonetheless, the bank declared a final dividend […]
Nigerian Equities Market halts Six-Day Losing Streak, Gains +0.33%
March 22, 2018/InvestmentOne Report The Nigerian equities market closed positive today after a 6-day losing streak as ASI advanced by 0.33% at the end of today’s trading session. Market breadth index was somewhat flat as with 29 advancers against 28 stocks that declined. GLAXOSMITH (+10.20%) was the best performing stock […]
