Investors Bite

Intraday Update:NSEASI Heads South on Investors Sentiment in Mobil, Reaction to NB Plc’s Q3 Report

October 26, 2017/InvestmentOne Research ASI as at 12.00pm: -0.29%  Market movers: MOBIL (-14%), NB (-3.8%), DANGFLOUR (+0.76%), DANGSUGAR (+0.24%),  Sector Performances: Oil & Gas (-1.37%), Consumer Goods (-0.98%), Banking (+0.09%), Industrial and Insurance.  Market activity: So far today, investors have exchanged c.90m units of shares worth c.N1.2bn in value. UBA […]

European Investors Turn Bullish on Corporate Capex Plans-Fitch

25/10/2017/Fitch Ratings Investors have turned bullish on prospects for companies to ramp up investing in the economic upturn, with more than three quarters now expecting a boost in capex spending, according to Fitch Ratings’ latest European senior investor survey. An overwhelming 78% of respondents now believe corporates will boost investment […]

Nigerian Breweries Says Q3 2017 Pretax Profit up 23.86% to N34.4 Billion

By Abdulquddus Okele InvestAdvocate Lagos (INVESTADVOCATE)-Top tier beer producer, Nigerian Breweries Plc said on Thursday its pretax profit for the period ended September 30, 2017 climbed up 23.86 percent to N34.4 billion from N27.7 billion recorded a year ago. Similarly, post-tax profit for the period increased 19.39 percent to N24.0 […]