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  • Profile
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  • Phoenix Funds
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    • Nigeria Economic Outlook Report
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    • Market News
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    • Account Opening (Individual)
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August 23, 2019

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FCSL DAILY MARKET REPORT FOR 23RD AUGUST, 2019

Daily Market ReportBy Samuel ObayomiAugust 23, 2019

Equities Market The Nigerian equity Bourse positive movement continued, however at a slower stride as NSE ASI and Market capitalization both increased by 0.62% to 27,800.17Index Points and N13,524.48Tr respectively. Year-to-Date ASI is still at a Negative of 55%. Volume and Deals both increased by 24.58% and 6.39% to 339.617Volume and 3,643Deals respectively, while No…

GUARANTY TRUST BANK 2019 HALF YEAR PAT GROWS BY 3.72%

Earnings UpdateBy Samuel ObayomiAugust 23, 2019

Gross Earnings: The Bank’s gross earnings for its half year report, recorded a decline of 2.06% for the period under review, which was N221.977Billion as at June, 2019 against N226.641Billion as at June 2018, factors influencing this decline was as a result of decrease recorded in the Bank’s Interest income that decline by 7.96%, as…

ZENITH BANK 2019 HALF YEAR PAT GROWS BY 8.74%

Earnings UpdateBy Samuel ObayomiAugust 23, 2019

FINANCIAL PERFORMANCE -REVIEW Gross Earnings: The Bank’s gross earnings for its half year report inched higher by 2.91%, which was N331.586Billion as at June, 2019 against N322.201Billion as at June 2018, factors that contributed to this marginal appreciation were other income that inched higher by 23.86%, which consist of; net income on fees and commission…

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