October 20, 2017 By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-Stocks on Friday closed the week on a negative note with the Nigerian Stock Exchange all-share index (NSEASI) and market capitalisation depreciated by 0.71 percent to close the week at 36,587.31and N12.594 trillion respectively. “Similarly, all other Indices finished lower during the […]
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UNILEVER Q3-17 PAT; Strong, Amidst Surprise Increase in Finance Costs
October 20, 2017/Cordros Research Click here to download full PDF copy of report Unilever Nigeria Plc’s (UNILEVER) Q3-17 result, released this afternoon, shows revenue and net profit grew by 36.6% y/y and 142.7% y/y respectively. Compared to our estimate, the reported revenue was ahead by 2% while PAT lagged by […]
Nigerian Equities Shed 0.16% on Weak Investors Sentiment, Down 0.71% W-t-D
October 20, 2017/InvestmentOne Research The Nigerian equities market shed -0.16% today. Down -0.71% WTD. Market breadth index closed negative for the third consecutive trading session with 9 stocks gaining against 21 stocks that declined. The best performing stock was CUTIX (+9.70%) while AIICO (-5.26%) was the top loser. […]
