Culled—Proshare December 18, 2017/Cointelegraph 1.What are futures? Futures are an agreement to buy or sell an asset on a specific future date at a specific price. Once the futures contract has been entered, both parties have to buy and sell at the agreed-upon price, irrespective of what the actual market […]
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Intraday Update: NSEASI Heads South on Sell-Offs in Banking Consumer Goods Counters
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 […]
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 […]
