AVAIF - Ava Infrastructure Fund
The Ava Infrastructure Fund is a N200 billion ($441 million) initiative launched by AVA Global Asset Managers Ltd to address Nigeria's infrastructure deficit. The fund aims to achieve this by strategically channeling institutional capital into infrastructure projects across various sectors including power, utilities, transportation, telecommunications, urban and social infrastructure, agribusiness and supporting infrastructure, and gas distribution, processing and storage.
Ava Infrastructure Fund is listed on the Nigerian Stock Exchange (NGX) since May 10th, 2024. Ava Infrastructure Fund is traded on the NGX under the ticker symbol “AVAIF”. Ava Infrastructure Fund is currently the 109th most valuable stock on the NGX with a market capitalization of NGN 4.08 billion, which makes about 0.007% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 0 |
| Number of Deals | 0 |
| Gross Turnover | 0.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 4,075 |
| Market Capitalization | 4.08B |
AVAIF Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| 6MO | 1YR | YTD |
|---|---|---|
The current share price of Ava Infrastructure Fund (AVAIF) is NGN 1,000,000.00. AVAIF closed its last trading day (Thursday, August 29, 2024) at 1,000,000.00 NGN per share on the Nigerian Stock Exchange (NGX).
Ava Infrastructure Fund is the 133rd most traded stock on the Nigerian Stock Exchange over the past three months (Aug 8 - Nov 6, 2024). AVAIF has traded a total volume of 5 shares—in 4 deals—valued at NGN 5 million over the period. A volume high of 5 was achieved on August 29th for the same period. The table below details the last two trading days of activity of Ava Infrastructure Fund on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-08-29 | 5 | 1,000,000.00 | ||
| 2024-05-10 | 450 | 1,000,000.00 |
Profile of AVA Global Asset Managers Limited
AVA Global Asset Managers Limited operates in the Financials sector, specifically, the Investment Services industry.
Factsheet of AVA Global Asset Managers Limited
- Sector
- Financials
- Industry
- Investment Services
- Address
- 3, Glover Road, Ikoyi, Lagos, Nigeria
- Telephone
- —
AVAIF Industrial Market Competitors
AVA Global Asset Managers Limited, issuers of the AVAIF stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Investment Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| NGXGROUP | Nigerian Exchange Group | 49B | 24.95 | +6.17% |
| VERITASKAP | Veritas Kapital Assurance Plc | 18.2B | 1.31 | +254% |
| DEAPCAP | Deap Capital Management & Trust | 1.77B | 1.18 | +103% |
| SUNUASSUR | Sunu Assurances Nigeria Plc | 12.1B | 2.09 | +90% |
| CORNERST | Cornerstone Insurance Company | 47.4B | 2.61 | +86.4% |
| SFSREIT | Skye Shelter Fund Plc | 3.59B | 179.45 | +77.1% |
| GUINEAINS | Guinea Insurance | 3.57B | 0.45 | +55.2% |
| AIICO | Aiico Insurance Plc | 43.2B | 1.18 | +47.5% |
| WEMABANK | Wema Bank | 171B | 8.00 | +42.9% |
| SOVRENINS | Sovereign Trust Insurance | 8.39B | 0.59 | +40.5% |
