October 31, 2016/FBNQuest Research Price target lowered by -2.7% PZ Cussons Nigeria’s (PZ) Q1 2017 (end-Aug) sales were 16.4% ahead of our forecast, helping the gross profit to beat by almost 50%. PZ’s parent company in the UK stated in a recently released trading statement that the company’s performance across […]
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Stocks Open Week Negative, as NSE Ends October with 3.94% Loss
By InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Monday dominated activities on the Nigerian bourse, with the all-share index (ASI) depreciating by 0.27 percent to close at 27,220.09 points. “Today’s performance increased the Month-to-Date and Year-to-Date losses to 3.94 percent and 5.13 percent respectively,” Cordros daily market update affirmed. At the close […]
AG Mortgage Bank Rights Issue
Culled–Proshare October 31, 2016/NASD Plc Kindly be advised that AG Mortgage Bank Plc. Rights Issue of 4,319,466,668 ordinary shares of ₦0.50 opens on the NASD OTC Securities Exchange at ₦0.60 from Friday, 28 October, 2016 and will close on Thursday, 24 November, 2016. Please note that the Rights are on […]
