NGX | Afrinvest Weekly Stock Recommendation - April 12, 2021

    Last week, in the domestic equities market, the bears dominated as the market saw sell-offs. Consequently, the NSE All-Share index fell 0.2% w/w to settle at 38,866.4 points, YTD loss worsened to -3.5% while market capitalisation declined to ₦20.3tn...

     

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    Afrinvest (West Africa) Limited is a leading independent investment banking firm with a focus on West Africa and active in four principal areas: investment banking, securities trading, asset management, and investment research. Afrinvest owns two operating subsidiaries namely: • Afrinvest Securities Limited (ASL) which is a broker-dealer and a dealing member of the Nigerian Stock Exchange (“NSE”): and • Afrinvest Asset Management Limited (AAML) which is licensed as a portfolio manager and is the Fund Manager of two mutual funds listed on the NSE, the Nigerian International Debt Fund (NIDF) and the Afrinvest Equity Fund (AEF).
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