Last week, the performance of the domestic equities market was bullish as the benchmark index closed in the green on all 3 trading sessions. Consequently, the All Share Index (ASI) rose by 1.9% w/w to settle at 38,667.9 points while YTD loss improved to -4.0%. Market capitalisation increased by ₦375.5bn in value to close at ₦20.1tn.
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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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