November 6, 2017/InvestmentOne Research ASI as at 12.00pm: +0.14% Market movers: DIAMONDBNK (+9.43%), LEARNAFRCA (+5.00%), AIRSERVICE (-4.98%), MANSARD (-3.23%) Sector Performances: Banking (+0.47%), Consumer Goods (+0.09%), Industrial, Oil & Gas Market activity: Total value of shares traded today is down over -50% compared to this time last Friday, with investors exchanging […]
Investors Bite
Flour Mills of Nigeria Results Review: Earnings Continue to Surprise Positively
Culled—Proshare November 3, 2017/FBNQuest Research 10%+ increase to our 2018-20E EPS forecasts and price target Flour Mills of Nigeria’s (FMN) Q2 2018 (end-Sep) results surprised positively, making it the fourth consecutive quarter of positive earnings surprises. In terms of topline growth, management disclosed that sales growth of 10% y/y was […]
NASD USI Up by 1.31% WoW
Culled—Proshare November 3, 2017/NASD Plc The Week in Review NASD closed its trading day on Friday 3, November 2017 higher compared to last Friday. The Market Capitalisation closed the week 1.31% higher at ₦414.81 billion against ₦409.46 billion previously. The NASD USI increased by 1.31% this week, closing at 612.96 points, as against 605.06 points last Friday. Trade Summary NASD OTC Securities Exchange […]
