April 4, 2017/InvestmentOne Research Please click to download the Market Report for Tuesday 4th April 2017 EQUITIES: The equities market closed in the red for the second consecutive trading session this week, losing -0.03% to 25,266.15pts. Despite the negative end to the ASI today, market breadth index closed neutral as 19 stocks […]
Updates
FMDQ Positions to Support the Housing Sector through the DCM
…as Mixta Real Estate PLC Lists ₦4.50bn Bond on the OTC Exchange April 4, 2017/FMDQ OTC Following the approval granted the Lagos State Government by the Board Listings, Markets and Technology Committee of FMDQ OTC Securities Exchange (FMDQ or the OTC Exchange), for the listing of the Lagos State ₦47.00bn […]
Striking FY 16 Loss: Is Seplat Plc Off The Hook? Sell Recommendation
Culled—Proshare April 4, 2017/ARM Research Last week, Seplat Petroleum Development Company Plc. (Seplat) published its FY 16 audited result, which revealed striking before and after tax losses of $172.7million and $166.1million respectively (2015: PBT – $87.1million, PAT – $65.6million), following sustained force majeure on its key export route (Trans Forcados […]
