Investors Bite

Nigerian Stocks Extend Gains +0.7% on Sustained Interest in AIRTELAFRI

August 11, 2021/Cordros Report EQUITIES The domestic bourse extended yesterday’s gain as sustained interest in AIRTELAFRI (+4.9%) supported the market’s positive performance. Pertinently, the All-Share Index edged up by 0.7% to 39,448.46 points. Consequently, Month-to-Date gain increased to +2.3%, while the Year-to-Date loss moderated to -2.0%. The total volume of […]

AIRTELAFRI Drives Nigerian Stocks to +1.6% Gain

August 10, 2021/Cordros Report EQUITIES The domestic bourse reversed yesterday’s loss as foreign investors’ interest in AIRTELAFRI (+10.0%) drove the NGX ASI higher by 1.6% to 39,176.62 points. Accordingly, the Month-to-Date gain increased to +1.6%, while the Year-to-Date loss moderated to -2.7%. The total volume of trades increased by 155.8% […]