October 16, 2017/Cordros Report Click here to download full PDF copy of report EQUITIES The equities market sustained its uptrend, with the ASI appreciating by 0.33% to 36,971.27 points, following bargain hunting in value stocks Accordingly, the Month-to-Date and Year-to Date returns improved to 4.32% and 37.57%, respectively. The Banking […]
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CR Services Plc Set to Float Rights Issue
Culled—Proshare October 16, 2017/NASD Plc Further to the passage of the resolutions authorising the Company’s proposed Rights Issue at the Extra-Ordinary General Meeting, this is to notify shareholders of CR Services (Credit Bureau) Plc. that the Company has obtained the Securities & Exchange Commission’s clearance of the Offer documents to be used […]
UBA Reports Q3 2017 Results; OPEX Grew 25% YoY
Culled—Proshare October 16, 2017/FBNQuest Event: United Bank for Africa (UBA) reports Q3 2017 results Implications: Limited revisions to consensus PBT forecasts; Neutral reaction from the market Positives: Loan loss provisions were well below our expectations Negatives: Opex grew 25% y/y This morning UBA published its Q3 2017 results which showed […]
