28/11/2017/NSE The Nigerian Stock Exchange (NSE) on Monday, November 27, 2017, listed by introduction, eight hundred million (800,000,000) ordinary shares of Global Spectrum Energy Services Plc at N5 Per Share on its Main Board. Global Spectrum Energy Services Plc is an integrated Oil & Gas offshore Support Vessel Services Company […]
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Intraday Update: NSEASI Down 0.02% on Sell-Offs in Banking, Consumer Goods Stocks
November 28, 2017/InvestmentOne Report ASI as at 12.00pm: -0.02% Market movers: LINKASSURE (-4.92%), STERLNBANK (-2.00%), ETERNA (+4.99%), NAHCO (+4.89%). Sector Performances: Consumer Goods (-0.08%), Banking (+0.02%), Industrial, Oil & Gas. Market activity: Activity levels declined, as investors have exchanged a total volume of c.746m units of shares worth c.N902m compared to […]
FCMB Group Plc: Earnings Miss But Investment in Legacy Provides Optimism
Culled–Proshare November 27, 2017/Vetiva Research · PAT declines 58% y/y – 19% below our estimate · Lower FX income offsets benefit of moderating loan loss provision · Funding cost bites further – Interest Expense up 16% y/y Earnings miss estimates despite q/q growth FCMB released its 9M’17 result, reporting weaker […]
