Investors Bite

Intraday Update: NSEASI Heads South on Profit-Taking in Consumer Goods, Banking Counters

October 27, 2017/InvestmentOne Research ASI as at 12.00pm: -0.36%  Market movers: INTBREW (-4.98%), ETI (-4.88%), CILEASING (+7.69%) MANSARD (+4.66%) Sector Performances: Consumer Goods (-0.87%), Banking (-0.60%), Insurance (+0.94%), Industrial and Oil & Gas.  Market activity: So far today, investors have exchanged c.110m units of shares worth c.N1.27bn in value. FBNH […]

Nigerian Equities Close in Red on Profit-Taking Across Major Counters

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 […]

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 […]