Friday, December 15, 2017 /3:02PM / Proshare
The financial services sector is a major and critical
sector of the Nigerian economy and as well as among NSE Sectors.
A cursory review of the EPS ratio of
the financial services sector reveals that NESF tops based on EPS
and closely followed by GUARANTY and ZENITHBANK while SKYEBANK and INTENEGINS lead otherwise with
NESF is an energy sector fund listed in the financial
services sector in June 1999. The company latest result published is it March
2015 Audited Financials. It reported an interest income of N100.71 mln, up by
8.31% and a PAT of N35.73 mln which went down by 61.55%.
A review of the PE Ratio of the
financial services sector revealed that RESORTSAL and ABBEYBDS top
the table while STACO and UNHOMES lead otherwise with negative figures.
financial services sector on Return on Equity (RoE) ratio, while UNIC recorded the least
ratio with a negative figure.
financial services sector’s PAT Margin as NPFMCRFBK follows
on the ladder, while UNIC and INTENEGINS recorded the least
Financial services sector records
twenty-one (21) gainers to seven (7) losers in 2017 as at 14th
December, 2017. FIDELITYBK tops the gainers’ list with +179.76% while
JAIZBANK tops the losers’ chart with -53.60% loss.
Out of the twenty-one (21) gainers, Banking sub-sector has nine (9) stocks to
dominate the list, OFIs has six (6) representations, Insurance has four (4)
while Micro-Finance Banks and
Mortgage carrier sub-sectors have one (1) representation each.
Also, the Banking subsector dominates the losers’ list with three (3) stocks
and closely followed by Mortgage and the Insurance sub-sector with two (2)
While, twenty-nine(29) Stocks price
remained unchanged so far in the year.
1. NSE ASI Performance Review and How
Key Sectors Fared in 2017