November 13, 2017/InvestmentOne Research The NSE-ASI started the week on a positive note, gaining +0.52% to close the day at 37,312.28ppts FO (+8.78%) topped the gainers’ chart, while CILEASING (-4.79%) was the worst performer. Market breadth index closed negative as 16 stocks gained against 24 stocks that declined. […]
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Weekly Stock Recommendation November 13, 2017-Cordros
November 13, 2917/Cordros Research CADBURY NIGERIA PLC (CADBURY) – SELL ▪ The shares of CADBURY rose 22.06% last week to N12.34. CADBURY trades at a significant forward PE above its 5-year historical average of 24.9x. ▪ CADBURY published Q3-17 result, showing revenue growth of 9.3% y/y and PAT of N702 […]
Intraday Update: NSEASI Heads South on Declines in Bellwether in the Banking Consumer Sectors
November 13, 2017/InvestmentOne Research ASI as at 12.00pm: -0.54% Market movers: CILEASING (-4.79%), LEARNAFRCA (-4.63%), UPL (+4.93%), NASCON (+3.80%) Sector Performances: Banking (-1.25%), Consumer Goods (-0.84%), Insurance (-0.19%), Industrial, Oil & Gas Market activity: Investors have exchanged 107m units of shares worth N1.72bn so far today, a considerable increase in […]
