October 26, 2017/InvestmentOne Research EQUITIES: · The Nigerian equities reversed its previous gains as it lost -0.29% today. · The downward close was as a result of sell-offs in some mid and large cap stocks such as NEM (-5.00%), NB (-3.73%), GUARANTY (-0.71%) and UBA (-0.64%), which offset the […]
Investors Bite
TOTAL Says Q3, 2017 PAT Dips 48.8%, Offers Investors N3.00 Per Share Dividend
By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketer, Total Nigeria Plc said on Thursday its profit after tax (PAT) for the third quarter (Q3) period ended September 30, 2017 declined 48.8 percent to N5.95 billion from N11.63 billion posted a year ago. Profit before tax (PBT) also depreciated 43.1 percent to N9.67 billion […]
Stanbic IBTC Holdings Reports Q3 2017 Results – Shares Outperform the Index
Culled—Proshare October 26, 2017/FBNQuest Research Event: Stanbic IBTC Holdings reports Q3 2017 results Implications: Consensus full year estimates likely to remain unchanged Positives: Profit before provisions up 32% y/y, though expected Negatives: Limited to earnings missing our forecasts Stanbic’s Q3 2017 results which have just been published show 65% y/y growth in PBT […]
