22/12/2016/Reuters Botswana’s economy contracted 0.8 percent quarter-on-quarter in the three months to September versus a revised zero percent in the second quarter, data from the statistics office showed on Thursday. On a year-on-year basis, gross domestic product (GDP) growth was at 4.5 percent in Q3 after expanding by 1.3 percent […]
Updates
Stanbic IBTC Reports Q4 2015 Results; Neutral to Slightly Positive Reaction by the Market Likely
Culled—Proshare December 22, 2016/FBNQuest Research Event: Stanbic IBTC Holdings reports Q4 2015 results Implications: Neutral to slightly positive reaction by the market likely Positives: Market can now breathe a sigh of relief post-FRC issue resolution Negatives: Factored in already – delay in publication of accounts Stanbic IBTC Holdings finally published […]
Stocks Reverse Three-Day Losing Streak, as Forte Oil Lead Gainers
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday reversed its three-day losing streak, with the all-share index (ASI) advancing 0.18 percent to close at 26,464.82 points. “Today’s positive performance increased the Month-to-Date gain to 4.49 percent, while it reduced the Year-to-Date loss to 7.85 percent,” according to Cordros daily […]
