After five consecutive weeks of losses, the market took a turn last week with the NSE ASI appreciating 2.52% WoW to close at 30,086.31 points, and the market capitalization gaining…
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ARM Research | Weekly Call The Nigerian equities market extended its loss run last week, with the ASI shedding 0.19% to close at 29,560.47 points while market capitalization lost N21…
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For the fourth consecutive week the Nigerian equities market continued its decline with the ASI shedding 4.59% this week to close at 29,616.38 points while market capitalization lost N548 billion.…
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In Dangote Sugar Refinery (Dangsugar) released its full year 2018 result wherein it reported weaker earnings (-45% to N22 billion), 5% deviation from our earnings estimate – mainly due to…
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The Nigerian equities market continued its decline with the ASI declining -0.31% WoW to close at 31,041.42 points while market capitalization lost N59.7billion. This was induced by bearish sentiments across…
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FCMB Group Plc. (FCMB:NL) & Fidelity Bank Plc (Fidelity.NL) Striking outing in 2018, topped with juicy dividends FCMB (FCMB.NL) and Fidelity (FIDELITY.NL) published FY 18 results last night with both…
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MPC Springs a dovish surprise The CBN Monetary Policy Committee (MPC) voted to cut the key benchmark interest rate by 50bps to 13.5%, taking the Standing Lending Facility and standing…
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Global Economy The US Federal Reserves held its monetary policy meeting during the week and left fund target range unchanged at 2.25% - 2.5%, with a downgrade of its assessment…
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At its full year 2018 analysts conference call and our follow up engagement, management guided to a 10% growth in loans over 2019, with focus on oil & gas sector,…
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The equities market closed the week negative, with the NSE ASI shedding 2.45% WoW to close at 31,142.72 points while market capitalization lost N291.5 billion to N11.6 trillion. The downturn…
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