Culled—Proshare November 8, 2017/FBNQuest Research 2017/18E EPS estimates and price target up modestly As expected, finished year-to-date sugar price reductions have been marginal, down (-3%) to around N15,000/50kg in Q3. In Q4, we continue to believe price changes would remain modest given unit volume sales declines in each of the […]
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Nigerian Equities Market Sustains Uptrend, Advances 0.34% on Gains in Large, Mid-Cap Stocks
November 8, 2017/InvestmentOne Research The equities market continues its uptrend as it closed positive today, advancing by +0.34%. INTBREW (+10.24%) was the market’s best performer while UAC-PROP (-4.71%) topped the losers’ chart. However, market breadth index closed somewhat flat as 18 stocks gained against 19 stocks that declined. DIAMONDBANK (-0.82%) […]
Intraday Update: NSEASI Heads North Driven by Consumer Goods Counters
November 8, 2017/InvestmentOne Research ASI as at 12.00pm: +0.13% Market movers: JAIZBANK (+5.00%), LEARNAFRCA (+5.00%), LINKASSURE (-3.95%), UNITYBNK (-3.77%). Sector Performances: Consumer Goods (+0.67%), Banking (-0.13%), Insurance (-0.24%), Oil & Gas, Insurance Market activity: While Total volume of shares traded today was down 42.6% compared to this time yesterday, total volume […]
