Culled—Proshare July 26, 2017/FBNQuest Research 19% Increase to Our PT; Upgrading to Outperform We upgrade our recommendation on Lafarge Africa (Lafarge) to Outperform from Neutral following its stellar Q2 2017 results which surprised positively. Although PBT was in line with our forecast, PAT beat soundly (by 260%), largely due to […]
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Bulls Continue Dominance on Nigerian Equities Market, Records Gains across Counters
July 26, 2017/Cordros Research Click here for full PDF Copy of Report EQUITIES The bulls continued to dominate the equities market recording gains across board. The ASI increased by 3.40% and crossed the 36,740.77 points – the highest since November, 2014. Today’s performance improved the Month-to-Date and Year-to-Date returns to […]
NSE Says Total Transaction on the Domestic Bourse for H1’17 Increased 49.78% to N935.26 billion
July 26, 2017/NSE On a monthly basis, The Nigerian Stock Exchange polls trading figures from major custodians and market operators on their Foreign Portfolio Investment (FPI) flows. The table below shows an analysis of transactions on The Exchange at the end of June 2017. Table 1: Analysis of Transactions for […]
