Archive for August, 2008

Here is the stats for this week in the NSE. A thorough analysis to follow. But in the mean time, enjoy the number crunching.

Here are some news headlines from Guardian Newspapers in the last 3 days: Oceanic Bank opens office in Sao Tome THE Oceanic Bank Plc in Sao Tome and Principe said that it would provide quality service to the business and investment community in the Atlantic Ocean country. The bank’s Managing Director/Chief Executive in Sao Tome, [...]

Here is FSDH Securities’ Analysis of Lafarge Cement WAPCO Q2 Results:

  1. The company experienced shortage of natural gas supply, power disruption, as well as the recent floods.
  2. In lieu of this, FSDH reviewed downward the company’s forecasted earnings – 4% decline compared to the last year.
  3. Rated the company as a Long-Term BUY.

Here are the Weekly Market Reports from CSL and ZSL Stockbrokers:

FSDH’s Analysis of RT Briscoe’s Q2 Results Company most likely to surpass last year’s performance. Good working capital position. So there is no fear of the company not meeting short term obligations. Projects a PAT of N740m for fiscal year. Rates the stock as a BUY at current price. Meristem Securities’ Analysis of Air Services [...]

Here are the stock reports from FSDH, BGL Securities, and Lead Capital:

Here is a most thorough report on the Stock Market for the last week.

Here some highlights:

1. For the week, the NSE Index rose 4.4%
2. The Breweries sector had the largest value of trades at N954m
3. Unilever, FTN Cocoa, International Energy Insurance, Guinea Insurance and M Benefits were the top gainers with each gaining over 20% of their values.
4. Vono, Chevron, Neimeth Pharmaceuticals, and Adswitch were the top losers losing with each losing over 14.4% of their values.
5. Thursday, July 31st was the most active day.

Mutual Funds In Nigeria

In: Uncategorized

4 Aug 2008

The report below provides the basic information on the available funds – their contact information, minimum required to invest in the mutual funds, the investment distribution. There was very little information available on 2 of the funds, First Bank’s Heritage Fund and Skye Bank’s Shelter Fund. A lot of information was sourced from the fund managers’ websites, online forums, and email exchanges with the companies.

Weekly report for the week ended Friday, August 1st

Here some highlights:

  1. For the week, the NSE Index rose 4.4%
  2. The Breweries sector had the largest value of trades at N954m
  3. Unilever, FTN Cocoa, International Energy Insurance, Guinea Insurance and M Benefits were the top gainers with each gaining over 20% of their values.
  4. Vono, Chevron, Neimeth Pharmaceuticals, and Adswitch were the top losers losing with each losing over 14.4% of their values.
  5. Thursday, July 31st was the most active day.

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This blog is dedicated to informing users on the latest business and economic news news from the CBN and Nigerian Stock Exchange. Happy reading!

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