Culled–Proshare June 14, 2017/CardinalStone Research Following our meeting with the group CEO of Stanbic IBTC and an update to our growth assumptions of the Wealth Business, we raise our target price to N40.49 which presents a 37.3% upside from current price of N29.49. Hence, we retain our BUY rating on […]
Updates
Regulatory Compliance & the Investor’s Dream: How Close is Nigeria to the “Ease Agenda”?
Culled—Proshare June 14, 2017/Deloitte “Complex regulations in the place of simple – rule capitalism, disrupts market processes and corrupts business processes” There are multiple regulatory agencies in Nigeria operating on the framework of various laws and practices, with administrative authorities constituted at different levels to enforce compliance. With such plethora […]
ASI: Intraday Update
June 14, 2017/InvestmentOne Research ASI as at 12.00pm: +0.67% Market movers: SKYEBANK (+8.62%),UNILEVER (+5.55%),FO (-5.33%), DIAMONDBANK (-4.69%) Sector Performances: Banking (+1.51%), Consumer Goods (+0.78%), Oil & Gas (+0.14%), Industrial Market activity: Investors have exchanged over 476m units of stocks worth c.N3.2bn in today’s early trades. This shows improvement in market […]
