Investors Bite

International Breweries Plc Q2 2018 Results Review: New Entity; Upgrading to Neutral

Culled—-Proshare December 28, 2017/FBNQuest Research  18% potential upside post ytd rally  International Breweries completed its merger with Intafact Beverages (Intafact) and Pabod Breweries (Pabod) during the quarter and listed 5.3 million additional shares on the stock exchange. The combined entity now has 8.6 million shares outstanding. The shares are trading […]

Slight uptick in Bond Yields amid Profit Taking on the 10-yr

Culled—Proshare 27/12/2017/ @ZedcrestCapital  *** High cost, interest rate responsible for fuel scarcity***- DSDP Bonds The bond market opened today on a relatively calm note, but turned slightly bearish towards the end of trading, due to some profit taking on the 10-yr (2027) bond which caused yields to rise by about […]

Stocks Close Bearish on Weak Investors Sentiment

December 27, 2017/InvestmentOne Research The NSE-ASI closed the first trading day of the week negative, shedding -1.64%.  Also, market breadth index ended negative as 24 stocks declined against 14 stocks that gained.  CADBURY (+9.91%) was the market best performer while OKOMUOIL (-5.00%) topped the losers’ chart.  TRANSCORP (-1.36%) was the […]