October 17, 2017/Cordros Research EQUITIES The domestic bourse bucked the three consecutive days of gains, with the ASI depreciating by 0.82% to 36,669.61 points, following profit taking across sectors. The Month-to-Date and Year-to-Date returns moderated to 3.47% and 36.45%, respectively. Performance across the sectors was negative, led by the Industrial […]
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UBA Plc – Weighed By Expensive Funding
Culled—Proshare October 17, 2017/ARM Research As market watchers say, late Friday is the best time to release bad earnings while early Monday is the perfect timing for an impressive result. With this in mind, UBA’s early release on Monday was initially greeted with optimism, with a more critical assessment of […]
Intraday Update: NSEASI Heads South on Sell-Offs in Consumer Goods Counters
October 17, 2017/InvestmentOne Research ASI as at 12.00pm: -0.25% Market movers: VITAFOAM (-5.00%), OANDO (-4.79%), MANSARD (+10.00%), MAYBAKER (+1.35%) Sector Performances: Oil & Gas (-0.62%), Consumer Goods (-0.70%), Banking (+0.08%), Industrial Market activity: Market performance, compared to this time yesterday is better in terms of value but dipped in terms of […]
