March 12, 2018/InvestmentOne Report The Nigerian equities market closed the first trading session of the week in the red, losing 0.26% Also, market breadth index ended negative with 34 decliners against 19 gainers. UNIC (+9.52%) was the best performing stock in today’s trading session while REGALINS (-5.71%) was the top […]
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ZENITHBANK First Glance: Q4-17 PAT; Impressive 2017FY Performance
March 12, 2018/Cordros Update Zenith Bank Plc (ZENITH) released its FY 2017 results which showed that Gross earnings was higher by 46.69% during the year at NGN745.19 billion – 55.14% higher than Bloomberg’s polled estimates, and 8.49% higher than our forecast. Interest income (+23.42%) increased to NGN474.63 billion – lagging […]
Afrinvest Stock Recommendation for the Week – 120318
Culled—Proshare March 12, 2018/Afrinvest Market Last Week (Our Observation) The local bourse sustained a positive performance for the second consecutive week as the All Share Index (ASI) rose 0.7% W-o-W to 43,167.87 points while YTD return improved to 12.9% Across sectors, performance was largely mixed as 3 of 5 indices […]
