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FIDELITY BANK PLC
The Nigerian Stock Exchange closed in the green today. The All Share Index ended today’s trading session at 31,041.42 basis points, up 0.67%.
Fidelity Bankís (Fidelity) FY 2018 results showed that Gross Earnings grew 4.8% y/y to N188.8bn, well above our FY 2018 estimate of N182.1bn.
Mc Nichols Plc was the best performing stock on the Nigerian Stock Exchange this week. The stock appreciated by 22.81%, opening at N0.57 and closing at N0.70.
Stocks to watch are picked from the top gainers and losers of the previous week.
Stocks to watch comprises the top gainers and losers of the prior week.
Brent crude has fallen to its lowest level this year and below the proposed benchmark for Nigeria’s 2019 budget.
The Governments of Kogi, Kwara and Benue States have sued MTN, Dangote Flour Mills Plc, Fidelity Bank.
October was a bearish month on the Nigerian Stock Exchange as the All Share Index closed down 0.75%.
Stocks on our Buy/Sell/Hold list are drawn from the top gainers and losers of the prior week.
Fidelity Bank Plc has appointed Mr. Chidozie Bethram Agbapu as a Non-Executive Director.
Corporate actions are decisions taken by companies’ boards of directors or management teams.
Fidelity Bank Plc has released its results for the third quarter ended September 30, 2018. Here are key highlights of...