Culled—Proshare November 8, 2016/Vetiva Research Strong revenue performance persists, up 44% y/y Gross margin improves 400bps y/y to 14% FX loss undercuts earnings, Q2’17 PAT down 60% q/q TP revised upwards on improved earnings trajectory Improved revenue profile on better volume performance, price Buoyed by the strongest quarterly revenue performance […]
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NSE Reports 1,900% ETF Growth, as Investors Appetite Wane towards Stocks
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday reported its Exchange Traded Funds (ETFs) introduced December 2011 has grown 1,900 percent with Assets Under Management (AUM) hitting N4.24 billion, this is on dampened investors’ appetite towards investment in stocks. Oscar Onyema, chief executive officer (CEO) of the NSE […]
NSE Opens Week Bearish, Extends Losing Streak to Fourth Consecutive Session
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) commenced the week on bearish note extending the losing streak to a fourth successive session – with the all-share index (ASI) declining by 0.35 percent to close at 26,887.54 points. “Today’s negative performance increased the Month-to-Date and Year-to-Date losses to 1.22 percent […]
