By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday recorded a modest gain as the all-share index (ASI) advanced 0.08 percent to close at 27,120.39 points. ‘Today’s activities pared the Month-to-Date and Year-to-Date losses to 4.29 percent and 5.49 percent respectively,’ Cordros daily market update affirmed. According to the […]
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Cadbury Nig Plc: Latest Results Depict Worsening Condition
October 26, 2016/Cordros Research Last week (Friday), CADBURY released results for nine months and third quarter ended September 2016. The key features of the third quarter result are (1) y/y and q/q revenue growth — after a disappointing second quarter and (2) elevated cost pressure — which more than offset […]
Stocks Extend Losses Third Consecutive day, Dragged Largely by DANGCEM
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday closed on a negative note for the third consecutive day and dragged largely by the dismay performance in the shares of cement producer and most capitalised company on the Nigerian bourse, Dangote Cement Plc. At the close of the session […]
