November 2, 2017/InvestmentOne Research The Nigerian equities market closed marginally down today, losing -0.03%. FBNH (+9.22%) was the market’s best performer while CUSTODYNS (-5.00%) was the worst performer. Market breadth index closed positive as 27 stocks gained against 18 stocks that declined. FBNH (+9.22%) led the market in terms of […]
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Mansard Announces Partnership with IFC, ACA , Other Investors to Invest in 150-Bed Hospital, Two 10-bed clinics
November 2, 2017/NSE We wish to inform The Exchange and the investing public that AXA Mansard Insurance Plc has agreed with IFC, Africa Capital Alliance (a Private Equity fund) and other strategic investors to finance the construction of a 150-bed hospital and two 10-bed clinics in Lagos. The shareholders agreement […]
INTBREW Pre-tax and Post-tax Losses Widened to –N1.2bn and –N1.4bn Respectively in Q2 2018 Results
Culled—Proshare November 2, 2017/FBNQuest Event: International Breweries reports Q2 2018 (end-Sep) results Implications: Negative reaction expected by the market Positives: Gross margin expanded by 39bps y/y and 133bps q/q Negatives: Pre-tax and post-tax losses widened to –N1.2bn and –N1.4bn respectively The NSE published International Breweries’ Q2 2018 (end-Jun) results today. […]
