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NSE Bullish Momentum Enters Seventh Straight Day, as ASI YtD Return Now +41.93%

August 9, 2017/InvestmentOne Research Please click to download the Market Report for Wednesday 9th August 2017 EQUITIES: Another day of positive close for the ASI today with a gain of +0.38%  as the Nigerian bourse’s bullish run entered its seventh day.  The index YTD return now stands at +41.93% while market capitalisation […]

International Breweries Q1 2018 Results Review – Downgrading to Underperform

Culled—-Proshare August 9, 2017/FBNQuest Research Modest changes to our earnings estimates International Breweries’ Q1 2018 (end-Jun) results were broadly in line with our estimates. It is worth mentioning that the net finance charge line surprised negatively but was offset by a positive surprise on the tax line. Given the in-line […]

ASHON floats commodity exchange, stocks exceed N13tn mark

August 9, 2017/Punch Stanley Opara The Association of Stockbroking Houses of Nigeria has commenced strategic training of capital market professionals as preparatory to the inauguration of its commodity and futures exchange. The first training in the series was held on Monday under its Indian-based technical experts that exposed the participants […]