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Proshare Nigeria
April 27, 2017
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NSE published UBA’s Q1 2017 results which showed that PBT and PAT grew by double-digits: 41% y/y and 62% y/y to N25.5bn and N22.8bn respectively. The stellar results were underpinned by a 43% y/y growth in pre-provision profits to N72.6bn.
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April 27, 2017
Access Bank’s Q1 2017 results which have just been published came in strong. PBT of N31bn grew 38% y/y while PAT grew much faster (+66% y/y) to N25bn, thanks to a marked reduction (-65% y/y) of the losses on the other comprehensive income line.
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April 27, 2017
Equities market closed today on a positive note, as NSE ASI appreciated by +0.52% to close at 25,753.00 basis points, as against -0.77% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -4.17%.
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ACCESS 6.58 Proshare2.81%
FBNH 3.50 Proshare0.57%
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FMDQ Fixings Data (Delayed by 24 Hours)
as at Apr 26, 2017
Tenor Rate (%) Change (%)
O/N 26.75 Proshare-8.33
1M 18.4252 Proshare0.32
3M 21.3772 Proshare-0.13
Tenor Rate (%) Change (%)
1M 16.1804 Proshare0.98
3M 18.2255 Proshare-0.36
6M 20.1791 Proshare1.16
SPOT RATE ($/N) Change (%)
321.37 Proshare0.86
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April 25, 2017
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