Culled—Proshare 16/11/2016/Vetiva Research Weak earnings, debt restructuring weigh on WAPCO WAPCO has declined 50% ytd, much steeper than the Industrial Goods sector (-24%) and the broader market (NSE ASI: -9%). The sell pressure started after the release of H1’16 earnings with a negative PAT exacerbated by N28 billion FX loss. […]
Investors Bite
Investors’ Appetite Remains Dampened, as Selloffs across Counters Drag NSEASI 0.79%
By InvestAdvocate Lagos (INVESTADVOCATE)-Investor appetite on the Nigerian Stock Exchange (NSE) remained dampened with selloffs across major counters further dragging the all-share index (ASI) down 0.79 percent to close at 25,653.14 points (lowest since May 12, 2016). “The sustained pressure on the domestic bourse extended the Month-to-Date and Year-to-Date losses […]
ASEA, CISI Unite to Promote Professionalism. Common Certification Standard in Capital Markets
November 16, 2016/NSE & CISI The African Securities Exchanges Association (ASEA) and the Chartered Institute for Securities & Investment (CISI) have signed a Memorandum of Understanding (MoU) to provide an effective framework to develop a common certification programme across the 26 ASEA Member Exchanges* The aim of the partnership is […]
