March 7, 2017/Cordros Research Click here to read full report Nigerian equities reversed yesterday’s loss, with the All Share Index surging by 2.23% (7-month high) to 25,129.27 points. In line with our outlook, today’s gain was driven by bargain hunting across major counters. Today’s impressive performance significantly pared the Month-to-Date […]
Investors Bite
Nigerian Equities Close Weaker on Resumed Bear Pressure
March 6, 2017/InvestmentOne Research Click here to download Daily Markets Report for Monday March 6, 2017 EQUITIES: Following the sell-off in DANGCEM (-560pts), which more than offset the gains in NESTLE (+145pts), NB (+27pts), ZENITHBANK (+17pts) and GUARANTY (+14pts), the equities market closed down -1.72% to end today’s session […]
ACCESS BANK PLC Q4 2016 Results: Initial Impression
March 6, 2017/InvestmentOne Research NIGERIA | EQUITIES | BANKING | ACESS BANK PLC Q4 2016 results highlight: Surge in loan impairment charges weighs on PBT performance • Net interest income of N32.8bn: down -13.6% q/q; up+11.2% y/y • Profit before tax of N18.3bn: down -16.6% q/q; up +25.0% y/y • […]
