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Here is Afrinvest’s response to the recently announce CBN policy changes. I think a substantial part of their analysis is spot on. Some of the main points are:
In: Market Analysis|News
16 May 2008Here is Meristem’s analysis of the stock market week ending today: STOCK MARKET BRIEF FOR THE WEEK ENDED FRIDAY MAY 16, 2008. Stock Market Bows by 0.16% Despite Juicy Corporate Results The capital market exhibited a cyclical behaviuor during the weak, deviating from last week’s upward trend. On the aggregate, The NSE All Share Index [...]
Here is an excerpt of a report prepared by Proshare NG analyzing Zenith Bank’s 9-month results. Zenith has announced its 9M financial results with a triple digit growth in net profits. The bank’s performance showed that gross income grew by 70% to N120.3bn, profit before tax (PBT) increased by 111% to N40.6bn while profit after [...]
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