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42 Stocks listed from 2008 till date: How they are faring!

Stock markets play a play a pivotal role in the growth of the industry and commerce of the country that eventually affects the economy of the country to a great extent.

In the process of approaching the market for fresh capital and thereafter, it is the responsibilities of the directors of companies to prepare the profit forecast in accordance with the standard requirements.

Companies striving for operational excellence and a competitive advantage realize the impact forecasting has upon the ability of a company to satisfy its investors and to simultaneously manage its resources. Effective forecasting helps management resolve the dilemma of more demanding customer requirements and greater shareholder expectations.

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Daily Market Updates

020812 Nigerian Stocks regain breadth in style on improved optimism

However, market sentiments suggest impressive and active bargain tendency as improved optimism and patronage witnessed across the sectors while market regained its breadth in style by ratio 3 to 1.

As noted above, the number of gainers at the close of trading session closed higher at 28 as against 21 recorded in the previous session while decliners closed lower at ten (10) as against twenty-four (24) losers recorded in the previous trading day – suggesting a positive market breadth.

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People

Unity Bank Plc Appoints Mr. Semenitari Henry James Non-Executive Director
Frauds & Scandals

Exchange Notified of N164bn Judgment in Access Bank Plc V. Erastus Akingbola & Ors.

Investors NewsBeat

Earnings Flash: Lafarge WAPCO Plc - H1 ended 30th June, 2012

Earnings Flash: Ecobank Transnational Inc - ETI 6 months ended 30 June 2012

Investor's ALERT: Stocks that made headlines today - 020812

Crusader Nigeria Plc announces Changes in Board Composition

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Corporate Earnings

COURTVILLE declares N131.3m Profit in Q2 '12 result,(SP:N0.50k)

DANGCEM declares N71.1b Profit in Q2 '12 result,(SP:N118.00k)

REGALINS declares N134.5m PAT in Q2 '12 result,(SP:N0.50k)

TANTALIZER declares N127.6m loss in Q2 '12 result,(SP:N0.50k)

NIGROPES declares N38.1m loss in Q2 '12 result,(SP:N8.26k)

Presco declares N1.6b Profit in Q2 '12 result,(SP:N15.34k)

BETAGLAS declares N501.9m Profit in Q2 '12 result,(SP:N10.55k)

UACN declares N2.1b PAT in Q2 '12 result,(SP:N33.60k)

UAC-PROP declares N616.9m PAT in Q2 '12 result,(SP:N9.85k)

AGLEVENT declares N367.5m PAT in Q2 '12 result,(SP:N1.10k)

DANGSUGAR declares N5.7b PAT in Q2 '12 result,(SP:N4.50k)

LAWUNION declares N136.3m PAT in '11 Audited result,(SP:N0.50k)

Report

London Court Judgement Akingbola - 02082012

ETI Six months ended 30 June 2012 - Ecobank Transnational Inc Plc

UAC of Nigeria Plc H1 2012 Results Announcement

Statement of Comprehensive Income for the Period Ended 30 June 2012 - UAC of Nigeria Plc

First Bank of Nigeria H1 2012 Results - IR Presentation

Lafarge WAPCO Plc - H1 ended 30th June, 2012 - ARM Research

Economic Update July 2012 – ARM Research

CBN - Deposit and Lending Rates For The Banking Industry as at July 27, 2012.

CBN - Review of the Revised Guidelines for Accessing CBN Leading Window and Repo Transactions

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