August 31, 2017/InvestmentOne Research Please click to download the Market Report for Thursday 31st August 2017 EQUITIES: The equities market closed the last trading session of the week negative, shedding -0.35% to 35,504.62pts, representing a market capitalisation of N12.24tr. WTD and MTD the ASI fell by -3.12% and -0.95% respectively. Today’s […]
Investors Bite
Delisting: NSE Suspends Trading in the Shares of AVONCROWN
August 31, 2017/NSE Shares of Avon Crowncaps & Containers (Nig.) Plc. (‘’the Company’’) on the Floor of The Nigerian Stock Exchange (“The Exchange”) has been suspended effective today, 31 August 2017. This is in compliance with the approved Scheme of arrangement between the Company and holders of its fully paid […]
Stanbic IBTC Holdings Plc H1’17 – Earnings Beat Estimates Despite Higher Provisioning
Culled—Proshare August 31, 2017/Vetiva Research · Top and bottom line beat estimates, PAT doubles y/y · Strong loan and deposit growth defies industry trend · Board declares interim dividend of ₦0.60 per share · TP revised upward to N28.39 (Previous: N25.74) Top and bottom line beat estimates, higher significantly y/y […]
