September 25, 2017/InvestmentOne Research ASI as at 12.00pm: -0.13% Market movers: NEM (-4.42%), JAIZBANK (-4.29%), CUSTODYINS (+4.91%), ETERNA (+4.85%) Sector Performances: Banking (-0.60%), Consumer Goods (+0.01%), Oil & Gas, Industrial Market activity: Investors have exchanged c.15m units of shares worth N373m so far today, less the half the total volume and […]
Investors Bite
Month of August Recorded Inflow into the ETFs Market
Culled—Proshare September 22, 2017/NSE The month of August recorded inflows into the Exchange Traded Funds (ETFs) market in Nigeria, driving up market capitalization to N6.1Billion (+1.43%M-o-M from July levels). A flurry of distributions were recorded in the month of August as ETF managers paid out earned income in line with […]
Presco Q2 2017 Results Review: In Line for a Record Year
Culled—Proshare September 22, 2017/FBNQuest Research Maintaining Outperform rating Presco’s Q2 2017 topline growth surprised slightly, beating our forecast by 10.7%. The company continues to benefit from increased demand thanks to supportive government policy. This has also given it increased pricing power. Presco has so far this year consolidated on its […]
