August 3, 2021/Cordros Report EQUITIES The domestic bourse traded positively, driven by foreign investors’ interest in AIRTELAFRI (+5.7%) and sustained bargain hunting in MTNN (+1.8%). Consequently, the NGX ASI edged up by 0.8% to close at 38,917.99 points. Accordingly, the Month-to-Date gain increased to +1.0%, while the Year-to-Date loss moderated […]
Investors Bite
Domestic Transaction Outperform Foreign by +54% in June 2021-NGX
August 3, 2021/NGX On a monthly basis, Nigerian Exchange Limited (“NGX”) polls trading figures from market operators on their Domestic and Foreign Portfolio Investment (FPI)4 flows. As at 30 June 2021, total transactions at the nation’s bourse increased by 3.68% from N97.19billion (about $236.33million) in May 20215 to N100.77billion (about […]
Activity Level Rebounds in June as Retail Investors Spur Performance
August 2, 2021/CSL Research In the recently released NGX Domestic & Foreign Portfolio Investment Report for June, total value traded grew 3.7% m/m to N100.8bn (US$244.9m) in June from N97.2bn (US$236.3m) in May 2021. Activity level among domestic investors grew 0.6%m/m to N77.4bn (US$188.0m) in June 2021 supported by transactions […]
