February 27, 2022/NGX Nigerian Exchange (“NGX” or “The Exchange”) Limited has emphasized on the need for diversification of portfolios by investors to ensure enhanced return on investment. According to NGX, portfolio diversification is the process of investing one’s money in different asset classes and securities in order to minimize the overall risk […]
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Nigerian Bourse Opens Week Positive +0.14% Buoyed by Bellwether Stocks
February 28, 2022/InvestmentOne Update The Nigerian equities market closed in positive territory by 0.14% as NGX-ASI closed at 47,394.53pts. In today’s trade, market breadth index was positive with 23 gainers against 15 losers. LINKASSURE (+10.00%) was the top gainer, while ACADEMY (-9.69%) led the losers today. FCMB (+1.64%) was the most actively traded stock with about 104million units of shares […]
Cordros Asset Management Launch the Cordros Fixed Income Fund with 5 Million Initial Units
Image Credit: Cordros February 25, 2022/Cordros Update Cordros Asset Management is excited to announce the launch of the Cordros Fixed Income Fund. The fund is an open-ended form that generates attractive income at a moderate risk level by investing in medium-term debt issued by the FGN, states, and highly rated […]
