Culled—Proshare Tuesday, May 23, 2017, 11:23 AM /GTI Research Fidson healthcare PLC, a leading pharmaceutical manufacturing firm in Nigeria released its first quarter (Q1) result on April 28th, 2017. The firm’s revenue grew by 181% from ₦1.2billion ($3.3million) in Q1 2016 to ₦3.4billion ($9.4billion) in Q1 2017. Cost of sales […]
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Local Equities Rebound on Insurance, Consumer Goods Stocks
23/5/2017/Cordros Research Click here for full PDF Report EQUITIES The market closed higher, despite a reported contraction (for the fifth consecutive quarter) in Nigeria’s GDP in Q1-2017. Indeed, investors shifted focus to recent positive developments in the macroeconomic space including relative stability in the foreign exchange market. The All Share […]
Stocks Close Lower on Profit-Taking after Four Straight Sessions of Gains
May 22, 2017/Cordros Report Click here to download full PDF Report EQUITIES The market closed lower, owing to profit-taking (following four straight sessions of gains) in banking and consumer goods stocks. The All Share Index shed 0.12% to close at 28,078.30 points. Today’s performance reduced the Month-to-Date and Year-to-Date gain […]
