February 4, 2018/InvestmentOne Report The Nigerian equities market sustained its uptrends today as NSE-ASI gained +0.40%. Similarly, WTD performance was up by +1.98%. In the same vein, market breadth index, a gauge for investor sentiment, closed positive (+0.04x) as 30 stocks gained against 26 stocks that declined. PRESTIGE (+9.09%) was […]
Investors Bite
WFE agrees 2018 business priorities
February 4, 2018/WFE The World Federation of Exchanges (“The WFE”), the global industry group for exchanges and CCPs, has agreed its 2018 business priorities will focus on areas including regulatory coherence; CCP recovery & resolution issues; cyber security; FinTech; and SMEs. These key business priorities are in addition to […]
Guinness Nigeria Plc – Earnings momentum picks up in H1”18
Culled—Proshare February 1, 2018/Vetiva · H1’18 revenue slightly above estimate, up 19% y/y · EBIT margin strengthens on operating cost improvement · Debt burden fading, loans down 250% y/Y · PAT strengthens to ₦2.1 billion in H1’18 (H1’17: ₦4.7 billion LAT) Volumes drive revenue growth in H1’18 results Printing slightly ahead of Vetiva estimate, […]
