By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday closed the session on a bearish note for the third consecutive session, as all-share index (ASI) fell by 0.52 percent to close at 27,687.80 points, while market capitalisation dropped by N56.19 billion to N9.17 trillion. “Today’s proceedings increased […]
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Domestic and Foreign Portfolio Participation in Equity Trading – June 2016
August 3, 2016/NSE On a monthly basis, The Nigerian Stock Exchange polls trading figures from major custodians and market operators on their foreign portfolio investments (FPI). The table below shows an analysis of transactions on The Exchange at the end of June 2016. Table 1: Analysis of Transactions for the […]
All Round Pressure Sinks Skye Bank FY’15 Earnings
Culled—-Proshare August 2, 2016/Vetiva Research Bottom line down, bank declares N41 billion loss Cost pressure persists, Interest Expense up 73% y/y Efficiency deteriorates amidst higher OPEX (FY’15 CIR: 113%) CAR weakens amidst 8% rise in loan book (FY’15 CAR: 12%) Interest, impairment, and staff cost impact bottom line After a […]
