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 […]
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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 […]
PZ Cussons Nigeria Plc – Lower OPEX Supports Q3’17 Earnings
Culled—Proshare March 28, 2017/Vetiva Research · Q3’16/17 revenue beats estimates, up 44% q/q · Margins improve slightly as lower OPEX cushions FX loss · ₦1.9 billion Q3’16/17 PAT better than ₦1.5 billion estimate Seasonally stronger Q3 delivers 44% q/q revenue growth Supported by traditionally stronger volumes in the period and […]
