Investors Bite

Intraday Update: NSEASI up 0.05% on Improved Investors Sentiment in Consumer, Industrial Goods Counters

December 11, 2017/InvestmentOne Research ASI as at 12.00pm: +0.05%  Market movers: DANGFLOUR (+5.00%), NASCON (+4.99%), LEARNAFRCA (-5.00%),  HONYFLOUR (-4.55%).  Sector Performances: Banking (+0.19%), Consumer Goods (-0.08%), Industrial (-0.07%), Oil & Gas.  Market activity: Activity levels  in today’s early trade  contracted both in terms of total volume and total value compared to […]

Analysts Confidence in FirstBank Share Price Justified; Records 153.43% YTD Appreciation

Culled—Proshare 7/12/2017/Proshare Research  Like other banking stocks, the share price of FBNH has seen a significant appreciation in the year 2017. Yesterday, December 06, 2017, the bank’s share price hit N8.49k to push its YTD return to +153.43%.   Unlike other banking stocks however, only STANBIC and FIDELITYBK outperformed FBNH […]

Q3 2017 Report: Zenith Bank Records Average Performance

December 6, 2017/Cowry Assets Zenith Bank Records Average Performance In our assessment, relative to the banking industry, Zenith Bank Plc recorded average performance for 9mths to September 2017. Taking into consideration relevant ratios, we arrived at a ‘Bb’ rating. Given its performance, plus an upside of 15.62% to its target […]