12/3/2018/Reuters Shinichi Saoshiro Asian stocks edged up on Tuesday with technology shares buoyed by gains in their Wall Street peers, but gains were limited ahead of U.S. inflation data later in the day which could offer clues on the pace of interest rate rises this year. Spreadbetters expected a slightly […]
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Nigerian Stocks Start Week Negative, Benchmark Index Down -0.26% on Profit-Taking in Banking Counters
March 12, 2018/Cordros Update EQUITIES The equities market started the week on a negative note, as the ASI closed lower by 0.26% to 43,056.51 points –as investors booked profit in banking stocks. Accordingly, the Month-to-Date loss increased to 0.63% while the Year-to-Date gain moderated to 12.59%. Among the sectors, the […]
Zenith Bank Plc Reports Q4 2017 Results – Q4 Provisions Spiked by 388% YoY
Culled—Proshare March 12, 2018/FBNQuest Research Event: Zenith Bank reports Q4 2017 results Implications: Positive reaction by the market likely; likely upward revision to consensus forecasts Positives: Q4 PBT up 27% y/y Negatives: Q4 provisions spiked by 388% y/y This afternoon, Zenith Bank (Zenith) published its Q4 2017 results which showed that […]
