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Mixed Earnings Reports amidst Low Confidence weighs NSE Indicators down    The nation’s stock market over the past week had mixed performance as Friday’sbear trading reduced the gaining momentum to close higher and the same time halt the three weeks down market that have dampened investors optimism for the ongoing earnings season which has reflected on the mixed reactions to the released scorecards.    Meanwhile, the Composite index NSE All-Share Index gained 85.46 points to close last week at 25,250.37 points, from an opening figure of 25,164.91 points, representing a 0.34% growth on a low volume of trades that signal cautious trading, even when investors are repositioning and accumulating more in some positions as more earnings reports are expected to be in the market going forward into the month of march.   The buying volume of total transactions for the week was 42%, while selling position was 58% to reverse the previous weeks bear transition. NSEASI WEEKLY TIME F

Nigerian Breweries management last week made available its full year earnings report for the period ended December 31, 2016 to the investing public slightly late, compared to the released date of 2015, but in keeping with its post-listing requirements to be among the early fillers on the exchange.    The company remained resilient for the period under review,despite the fact that the top and bottom-lines were mixed to reflect the low disposable income of Nigerians due to the prevailing economic recession. This becomes more glaring when considered against the backdrop of the stiff competition and saturation in its industry with all other operators posting loss accounts in their full year and quarterly accounts.  NB’s 2016 scorecard revealed a marginal rise in sales revenue to N313.74 billion, up by 7%, compared to N293.91 billion in 2015,while profitability level for the period fell by 25.33% to N28.42 billion from N38.06 billion in the preceding year.   The company