November 7, 2017/InvestmentOne Research The equities market closed the second trading session of the week positive, advancing +0.22%. DIAMONDBNK (+5.17%) topped the gainers’ chart while INTBREW (-9.29%) led the laggard list. Market breadth index closed positive as 23 stocks gained as against 17 decliners. DIAMONDBNK (+5.17%) was the most […]
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GTI Top-5 Weekly Stock Picks -061117
Culled—Proshare November 7, 2017/GTI Research Market Review for week ended November 3rd, 2017 The Nigerian equity market posted a positive performance in the week under review to reverse previous two weeks bearish run. The local bourse appreciated by 1.31% week-on-week (wow) at the close of bell on Friday to close […]
Nestle Nigeria Plc: Steady Earnings Momentum, Committed To Profit Stability
Culled—Proshare November 7, 2017/Vetiva Research Revenue prints in line with estimates, up 43% y/y PAT 9% below estimate on higher FX losses Strong cash position supports deleveraging strategy FY’17 EPS revised lower to reflect FX losses 9M’17 revenue in line, PAT marginally below estimate Still strongly supported by higher pricing […]
