Culled—Proshare March 28, 2017/FBNQuest Research Event: FCMB Group reports Q4 2016 results Implications: Neutral reaction expected from the market Positives: Positive surprise on provisions; other comprehensive income grew by 132% y/y to N2.6bn Negatives: Profit before provisions fell -10% y/y and surprised negatively This afternoon, The NSE published FCMB Holdings’ […]
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Stocks Reverses Positive Start of the Week, ASI Dips 0.31% on Sell-Off in Ceement tickers
March 28, 2017/InvestmentOne Research Please click to download the Market Report for Tuesday 28th March 2017 The Nigerian bourse reversed the positive start to the week, as the All share Index declined by -0.31% dragged largely by sell-off in Cement tickers. The index YTD return settled at -5.46% while market capitalisation shed […]
Weekly Fixed Income and Currency Market Update
March 28, 2017/InvestmentOne Research Click here to download PDF Copy of the Fixed Income and Currency Market Report for the Week Ended March 24, 2017 MONEY MARKET · Rates remained high for better part of the week owing to pressure on system liquidity from OMO and FX auctions. · With […]
