By InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Thursday returned to the Nigerian Stock Exchange (NSE) as benchmark index fell by 1.80 percent to close at 27,379.95 points. “Today’s performance increased the Month-to-Date and Year-to-Date losses to 2.25 percent and 4.41 percent respectively,” according to Cordros daily market update. The report says […]
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IOSCO Good Practice for CIS Fees and Expenses seeks to enhance market efficiency
August 25, 2016/IOSCO The Board of the International Organization of Securities Commission today published the final report on Good Practice for Fees and Expenses of Collective Investment Schemes (CIS), which aims to identify common international examples of good practice that can be applied to CIS fees and expenses. Regulators have […]
Dangote Sugar Refinery Plc: Pretty Good Run; HOLD Rating Maintained
August 25, 2016/Cordros Research The c.60% adjustment in sugar selling price taken by DANGSUGAR’s management at the beginning of the 2016FY had notable positive impact on H1-16 earnings (+16.4%), considering the magnitude of cost inflation (linked to rising raw sugar prices, weaker currency and negative energy mix) experienced during the […]
