Investors Bite

Weekly Stock Recommendation 10-July-2017

July 10, 2017/Cordros Capital Click here to download full PDF Copy of Recommendations CADBURY NIGERIA PLC (CADBURY) – BUY  The shares of CADBURY lost 10.71% last week to close at N12.50. CADBURY trades at forward PE of 37.2x, above its 5-year historical average of 24.9x.  Despite growing revenue […]

ASI: Intraday Update

July 10, 2017/InvestmentOne Research ASI as at 12.00pm: +0.06% Market movers: CILEASING (+5.00%), MAYBAKER (+4.86%), HONYFLOUR (-9.47%), CONOIL (-8.54%) Sector Performances: Oil & Gas (+0.61%), Banking (+0.13%), Consumer Goods (-0.09%), Industrial Market activity: Investors have so far exchanged 35m units of shares worth N676m. This represents an improvement in volume, […]

NASD USI Down by -1.5% WoW

Culled—Proshare 8/7/2017/NASD Plc The Week in Review NASD closed its trading day on Friday 07 July 2017 lower compared to last Friday. The Market Capitalisation shed 1.5% to close at ₦421.16 billion against ₦427.37 billion previously. The NASD USI also closed 1.5% lower at 622.35 points, as against 631.52 points last Friday. Trade Summary  NASD OTC Securities Exchange currently trades Equity and Bonds. Of the […]