By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bulls on Wednesday returned to the Nigerian Stock Exchange (NSE) as all-share index (ASI) climbed up by 0.41 percent to close at 26,763.86 points, while market capitalisation added N19.75 billion to N9.19 trillion. “Today’s gain extended the Month-to-Date gain to 6.79 percent and […]
Tag: Guaranty Trust Bank Plc
Nigerian Equities Reel under Sustained Losses on Investments Decline, ASI Dip 0.34%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities on Monday reeled under sustained losses as it opened the week on a bearish note, closing 0.34 percent lower on investment declines. At the close of the day’s session, the all share index (ASI) closed at 24,765.10 points, while market capitalisation dropped […]
GT Bank Q1 2016 results – Significant loss of N5.3bn in other income line
Wednesday, April 20, 2016 6:07PM/ FBNQuest Event: GT Bank reports Q1 2016 results Implications: Market reaction likely to be neutral to slightly negative Positives: Limited to provisions coming in 4% lower y/y Negatives: Significant (N5.3bn) loss on the other comprehensive income line GT Bank’s Q1 2016 results which have just […]