September 18, 2017/Cordros Research Click here to download full PDF copy of report EQUITIES The equities market started the week on a negative note, as the ASI depreciated by 0.38% to 34,873.07 point – closing below the 35,000 mark,as investors sold offoil and gas stocks. Today’s performance extended the Month-to-Date […]

Culled—Proshare September 18, 2017/FSDH Research The Debt Management Office (DMO) on behalf of Federal Government is issuing a 7–year FGN Sovereign Ijarah Sukuk Due 2024 at a return of 16.47%. Sukuk is an investment certificate that represents ownership interest of the holder in an asset or pool of assets. The […]

September 18, 2017/Cordros Research Click here to download full PDF copy of Cordros weekly stock recommendation CADBURY NIGERIA PLC (CADBURY) – SELL ▪ The shares of CADBURY closed lower last week by 3.58% to N10.51. CADBURY trades at a significant forward PE above its 5-year historical average of 24.9x. ▪ […]