Investors Bite

NSEASI May Close Positive on Sell-Offs in Tier One Banking Counters

October 19, 2017/InvestmentOne Research ASI as at 12.00pm: -0.07% Market movers: FIDSON (-4.97%), CILEASING (-4.74%), GLAXOSMITH (+3.67%), CUSTODYINS (+3.00%)  Sector Performances: Banking (-0.26%), Oil & Gas (-0.45%), Consumer Goods, Industrial   Market activity: Turnover is lower in terms of volume investors exchanged c.52m units of shares, while value terms rose to […]

GTB Plc – Market Leading Earnings, PAT Beats Estimate

Culled—Proshare October 19, 2017/Vetiva Research ·         Earnings beat despite weaker top line ·         Contained loan loss provision – 44% better than our estimate ·         Cautious credit stance, loan portfolio declines 10%  Earnings beat despite y/y moderation in top line GUARANTY continues to post strong earnings performance with PAT coming in […]

ASHON shops for N500m to commence commodity exchange

October 19, 2017/Guardian Promoters of the proposed Commodity and Futures Exchange under the aegis of the Association of Stockbroking Houses of Nigeria (ASHON) have endorsed the N500 million private placement capital raising option to flag off its operation. Besides, the members are demanding for more information to enhance their investment […]