Investors Bite

Afrinvest Plutus Fund Opens for Subscription

Culled—Proshare November 22, 2017/Afrinvest I am pleased to introduce you to Afrinvest Plutus Fund (“Plutus”), our newly minted investment product. Plutus is an open ended, money market fund that seeks to achieve competitive returns for all classes of investors who value liquidity and security of their financial assets. It is […]

NSE Year-to-Date Returns Improves to 36.22%

November 22, 2017/Cordros Report EQUITIES The equities market closed positive, with the ASI appreciating marginally by 0.02% to 36,608.76 points, following gains in UNILEVER, NESTLE and GUARANTY, which outweighed profit taking in GLAXOSMITH, NB, and FLOURMILL. The Month-to-Date loss moderated to -0.20%, while the Year-to-Date return improved to 36.22% The […]

Nigerian Equities Inch up 0.02%, Driven by Bellwether Stocks

November 22, 2017/InvestmentOne Research The NSE-ASI closed somewhat flat today, gaining +0.02% in today’s trading session.  UNILEVER (+5.69%) topped the gainers’ chart, while GLAXOSMITH (-9.70%) was the worst performer.   Market breadth index closed negative as 17 stocks gained against 23 stocks that declined.   UBN (+0.81) was the most […]