November 17, 2021/InvestmentOne Update MTN Group Limited through MTN Nigeria Communications PLC (MTNN) has announced its intention to sell up to 575 million MTNN shares to the public, starting this November, via book building process to institutional investors and fixed price to retail investors. Click to read a short research note on MTNN.
Investors Bite
AIRTELAFRI Buoy Nigerian Stocks to +0.5% Gain to Reverse Previous Loss
November 16, 2021/Cordros Report EQUITIES The Nigerian equities market reversed yesterday’s loss as investors’ interest in AIRTELAFRI (+4.4%) drove the NGX ASI higher by 0.5% to 43,444.20 points. Accordingly, the Month-to-Date and Year-to-Date gains increased to +3.3% and +7.9%, respectively. The total volume of trades increased by 44.4% to 423.83 […]
NGXASI Reverses Negative Trend, Up +0.49% Boosted by AIRTELAFRI, Banking, Industrial sectors
November 16, 2021/InvestmentOne Report The Nigerian equities market closed positive by 0.49% as NGX-ASI closed at 43,444.20 pts. In today’s trade, market breadth index was neutral with 18 gainers against18 losers. CUTIX (+8.33%) led the gainers, while TOTAL (-9.97%) was the top loser today. FBNH (+1.63%) was the most actively traded stock with about 81million units of shares worth […]
