By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday closed the week on a negative note as the all-share index (ASI) and market capitalisation depreciated by 2.00 percent and 1.84 percent to close at 25,802.54 and N8.892 trillion respectively. “Similarly, all other Indices finished lower during the week with […]
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Guinness Nigeria Q2 2017 Results Review – Neutral Rating Maintained
Culled—Proshare February 3, 2017/FBNQuest Research Possibly moving into oversold territory Guinness Nigeria’s (Guinness) Q2 2017 (end-Dec) results were weaker than expected. The weak results were driven by negative surprises on the gross margin and net finance cost lines. The company is exposed to fx risks arising from the importation of […]
NSE Total Transaction up 48.91% as December 2016
2/2/2017/NSE On a monthly basis, The Nigerian Stock Exchange polls trading figures from major custodians and market operators on their foreign portfolio investments (FPI). The table below shows an analysis of transactions on The Exchange at the end of December 2016 Table 1: Analysis of Transactions for the Period Ended […]
