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PZ Cussons Nigeria – Pre & Post-tax Losses of N181m and N61m Respectively Driven by FX Loss of –N1.8

Culled—Proshare October 3, 2017/FBNQuest Research Event: PZ Cussons Nigeria reports Q1 2018 (end-August) results Implications: Negative reaction by the market likely Positives: Sales up 12.8% y/y Negatives: Pre and post-tax losses of N181m and N61m respectively driven by fx loss of –N1.8bn PZ Cussons Nigeria (PZ) reported Q1 2018 (end-Aug) […]

NSE Benchmark Index Down 0.38%, 18 Stocks Gain, 22 Decline

October 3, 2017/InvestmentOne Research ASI closed negative, falling by -0.38% Furthermore, market breadth index ended in the red as 18 stocks gained against 22 that declined. CILEASING (+9.82%) topped the gainers’ chart against UNITYBNK (-5.00%) which was the worst performer. Despite FCMB being the most actively traded stock with c.371m […]