December 18, 2017/InvestmentOne Report ASI as at 12.00pm: -0.15% Market movers: INTBREW (-5.00%), UBN (-4.90%), PRESCO (+8.81%), UAC-PROP (+5.66%). Sector Performances: Banking (-0.59%), Consumer Goods (-0.26%), Industrial, Oil & Gas. Market activity: In today’s early trade, total volume and value declined by c.-68% and c.-56% respectively compared to this time last […]
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PZ Posted an FX-Related Loss of –N779m in Q2 while OPEX Grew by 23% YoY
Culled—Proshare December 15, 2017/FBNQuest Research Event: PZ Cussons Nigeria reports Q2 2018 (end-Nov) results Implications: Neutral to slightly positive reaction by the market likely Positives: Q2 sales up 42% y/y to N22.2bn; PBT and PAT both up 73% y/y and 110% y/y to N1.1bn and N628m respectively […]
Oando Releases Status Update on SEC Investigation
December 15, 2017/NSE Oando PLC, as a responsible company recognizes and respects the authority of the Securities and Exchange Commission (SEC) to regulate the market as it deems fit. The Company would like to categorically state that no action taken thus far has been to undermine the authority of the […]
