Specifically, the market capitalisation, which opened at N12.194 trillion, shed N85 billion or 0.69 per cent to close at N12.109 trillion.
Mr Omordion said the smart money that pushed the market up with expectations that the opposition would win the presidential election were leaving the market. Conversely, Guinness led the gainers’ table during the day, gaining N2.05 to close at N67.15 per share.
Recession Master...
MrGquest They are packing up and leaving
Okay naa
Ok na
My concern is that all ths visa agents ll start scamming people for visa. Many people gonna leave the country. Please even if u decid to leave the country, don’t try Libya rout and never sell ur property, God dey. NigeriaDecide2019 2019Election
This same stock shall rise in 3 months, invest now if you can.
This is just the beginning
Somebody somewhere use this thing chop and used election as a cover. But we would never know.
How can an investor have confidence in Buhari, who is not a good economic manager?
Maybeks Next level
Am not surprised. Next level loading very very fast.
Am not surprised. Next level loading very very fasr
This 'escapist fantasy' is why Igbos have not been able to stamp their feet firmly on the ground in Nigeria. Please learn that the owner of the slave will eventually own the slave's properties. Start working for political identity and not just economic pursuits.
Well it shows investors lack of confidence in the leadership of the country.
teamgenesislea1 EsanAtinuke92
That is very good✌how i wish it would more than like that.
The stock market should be probed, how comes? It's probably PDP's 16 years of mismanagement
Buhari 's fault
ShehuSani Norway here I come, as a graduate Nigeria has nothing to offer me
Huh, what for, chai why are we all blind to see that this time it won't be funny at all...
We have been surviving we go equally survive
Ummmhhh! XoHamham is it too early to start tagging you? 🤣🤣🤣🤣🤣🤣🤣🤣🤣 Nonsense and secondary! Sai baba👻👻👻👻
Welcome to the next level 😀😀. Meanwhile...
Hahahahaha, I hope there will be a stock market Sha after 4yrs
The Beginning...
Nextlevel journey has started! Nigeria and Nigerians will survive!
ShehuSani God will surely reverse this croockedness and madness called election
Abdulmarlick Hmmm
Oya Festus come out with a better lie strategy
ShehuSani Muhammaddahuru replying premium Timesng appreciation was reported ibut you're report is different.
Hello fkeyamo, see how market price dropped after Buhari emerged a winner. nytimes NSEcontact
Why would NSEcontact loses N85B in 6 hours when the same person who was a president still won? In any country where there is going to be an election, investors are always careful with their monies. It is not because MBuhari won but the election itself.
Can we call this the 'bubu effect'?
It ain't because of election result but ELECTION UNCERTAINTIES. Stop making it look as if the market value dropped because MBuhari wins.
In my area, the only president we know is atiku
benmurraybruce What's my business? Who is chelsea even playing today?
Even the stock market is not happy 😐😔
Next level
🎶 iję kun iya ni ęę ję, iję kun iya..... 🎶
NextLevel loading🤪
Very sure many did not read the full story to understand it. Just read the headline and started saying all sorts
Who voted the most.... North Who is winning.....Buhari Who celebrate.... North Who suffer the most .... North Who hunger go kill... North Who Boko Haram go kill... North Who herdsmen go kill.. North Who has the highest rate of poverty... North Who shine my shoe..North Who guide
ShehuSani Will you deposit your money to bring it back?
Can you imagine that.
Lol
An inidication if you ever needed one.
benmurraybruce you are excited ba? you are an enemy of Nigeria because you lost an election. shamelessTwitterSenator
benmurraybruce Stock Exchange happens like that shortly after Elections throughout the whole WORLD. I’ve witnessed it and is on record in Great Britain, America, Germany, Italy and so on like that. Nigeria one is not exceptional
They'll soon say its Buhari's fault
haryordehjie That's how you know the president is a bad choice.
Judging from the comments, most people didn't even bother to read the article before commenting. So they invested bcuz they thought Atiku would win then pulled out cuz he lost. He prolly made promises to them but failed to win, how do people still blame PMB for this?
Noted!
So none of this seems weird to anybody huh? I swear the leaders don't care about us, they will do anything and everything to achieve their goals even if it means destroying this country. I've said enough, God help us all.
Thank God I'm in Dubai, after my master's I'm moving to Canada. Continue to enjoy your next level of poverty and herdsmen killing. God help me, I'll take my parents and siblings as well. DivideNigeria
That's next level for another four years.
Take heart Nigerians.
Just the beginning.
That's good news
It's a norm. It happens everywhere in the world.
SubDeliveryZone That was fast 🤷🏾♀️
ShehuSani PDP Propagandists
ShehuSani It's normal tin in any country in Africa where there is possibility of eruption of voilence
SubDeliveryZone enendu chiiidex
Officialsirlym you call this improvement?
Roserolly89 This is just the beginning.
mhedey_ this is how it start
benmurraybruce Una don start bad belle again .. This time will be longer than bf cuz u are staying out of Gvmnt for 4yrs+ so now get ready with ur Bad news carrier . ogundamisi APCNigeria as we are on next level movement ...
benmurraybruce This is just the beginning of the next level of backwardness
The south east has never bowed down to any monster since inception in order to survive. They prosper even in the worst and harsh environment, so another four years under Buhari means nothing to them. WeMustExcel no long face
Do those voters even know the implications of a stock market crash? Asking for a friend.
Just the beginning
ShehuSani Eyah!!! Masugudu sugudu....
😂😂😂😂😂 una never see any thing
Next level has started 😑
advokhado This one is just sensationalized news to catch people's interest Jare. The stock market also fell by 0.61% Monday and rose by 0.60% on Tuesday. Fluctuation is normal dis period. While Buhari winning is not ideal, this is not evidence of the suffering to come.
jackdre02 🙏🙏🙏🇳🇬🇳🇬🇳🇬
It will rebound.
You have not seen anything yet!!!!!!na next level just started!!!!
Unah never see anything..!
benmurraybruce Can you just imagine this people again, are you saying because of the time frame to announce the results makes NSM losses N85bn?
benmurraybruce Welcome to the new Nigeria NextLevel NewWahala
ShehuSani A telltale sign of the misery to come! The North would suffer most
ShehuSani Atikulooted don enter one chance!
Next level 👌
Lol, where is the 86b all this while.
NextLevel is here
This is only the beginning
This just the beginning
ProfMosun Signalling Theory is actually taking it's effect on the stock market...Good and bad news effect, market reacts more to bad news than to good news...if u know u know
Buhari wins, Nigeria loses. That's what happens when the kingmakers can't pick between Potential/Integrity. Cashing in on Northern population to deliver us Presidents who knows nothing about globalization is a scourge to the growth of this nation. bitter truth.
Lmfao! Who cares?
This is indeed “next level” smh
We are different
And it begins
Why will the stock market not crash when they actually wanted to come & buy over our NNPC through proxies. The announcement simply dashed their hopes. Let them pull their doggy cash out, we will grow from within, we will grow locally. Shame on investors of doom, shame on thieves.
ShehuSani phatoyeh
LeoinAbuja
My bags are packed
ShehuSani How?
It hasn’t started yet
Ka tuna Hillary vs trump Kareem_Khaleed
ShehuSani What happened to the intrinsic value of affected businesses in 6hrs? Absolutely nothing. This is the usual recklessness of speculators in the market. They panic, rush out of the market, make prices fall fast but intelligent investors know this is the time to buy.
benmurraybruce Because thieves are selling their shares.
Aye le o
ShehuSani Back to status quo for you and the wailers
Iya mi oooo! Sai !!
Corruption FC? Never again God willing!💪🏻💪🏻
We have just started! Qwa! qwa!! qwa!!!
Whatever! Bad belle go kill all Buhari haters! We have spoken and if you don’t like our choice, leave Nigeria or better still go hug a live transformer!😂😂💪🏻💪🏻
The beginning!
Yeah next level things
L O L .
Can you imagine
benmurraybruce Next level. ........Next Poverty but me and my family are not among. Gods power over my family
Damn !
benmurraybruce Let's move to next level. They will know after four years.
Next level loading....
Waiting for this country to get better 😏😏
Very fantastic. Amazing. Marvelous.
Sai Baba
Losers
Just the beginning...
Saw it coming princelummy DamilareAlukoS1 terrytharapman
It's just the beginning, wait until 4pm, Wednesday.
Next level don start........
A good time for a reentry. Any investor that comes in around this time... Is likely going to be able to cash with a smile on their face in about 3 months from now.
oluwaloninyo Una never see anything....shee na bubu una rig power to...OK
Playm8z Things are already going to the next level.
Here we go.
Like this is the first time.
Some of you always claimed to have sense and educated but can't reason well. Is a normal trend during electioneering stock market raises or falls based on anticipation, but hopefully normalised afterwards. Nigeria is the only country we have and stop the hate.
We will regain it back in multiple times, because NNPC is not going for the highest bidders again
NextLevel has started
NBS said unemployment on the rise; they said it is just a figure of speech. Upgraded to extreme poverty, they said issa lifestyle from 1914. Is it stock exchange figures they will believe in 2019? Guess again.
benmurraybruce Lol even the small girl want her ass to shake oo
Even as INEC neva officially announce the winner? This one fast oooh...
😭😭😭
benmurraybruce Damn!
Good for us! As thieves are pulling out cause their beloved thief lost, wise investors will be taking position knowing that Buhari is building something concrete and sustainable
We go gain back in the next few minutes
eyya, this space is too pessimistic, wish well to the victors oh you bad losers, what's your gain if the winner fails, next level would accommodate all of us.
Heyyyyy🙆🙆
680NGN/$ Loading...
NextLevel don start be that o! 😟
Welcome to next level
them never start to lose ohhh this na just d beginning Nigeriadeciderigged
Preparing for 2nd half
Why? Because NNPC is withdrawn from the market?
They will soon blame Atiku for this
Waiting concern me with that one igbo man must survive
benmurraybruce The economy will improve if people like you pay your debt. looters
How come is that?....Lord please don't let this their Next Level be a doom to this nation, father take absolute control.
One thousand shall fall by our right and Two thousand by our left but the Lord shall be with us.🙏🙏
Yes, Good one.
This is the NEXT LEVEL MBuhari promised Nigerians
ItsBollyLomo Lol that's Atiku selling off all his shares 🙈🙈🙈
😲
The Buhari effect. Interesting sturv
WelcomeToNextLevel😅😅😅
NEXT LEVEL LMAO 😂
benmurraybruce Really wow Does that mean they're not in support of him any longer?
Bad luck Bubu
Just d beginning of how d cookie crumbles. Una never see anything yet na 1 chance dey wait una 4 nx level!!!
benmurraybruce Pov------------------loading season 2🤣🤣🤣🤣🤣🤣🤣🤣
SAI BABA!!! NextLevel 👐
Next Level 😀
Panic driven market can’t blame investors until the new government outlines their policies. Hoping for a better year.
Oh lawd see the silly reasons ur children are giving in other to justify their choices.
See FIjeruh
benmurraybruce Investors...
next level
Normal level they will still bring the money back 😂😂😂
Edonfinicho 💔
Yet to come
benmurraybruce I'm not gonna question it or be surprise if there's increase of prostitution in Nigeria this coming 4years bc there's gonna hell lack of job
benmurraybruce Na today. Stop threatening us with this. Na some yeye UK politicians threaten UK citizens with dubious figures about money lost to the EU and dem mumuishly vote Brexit. Now they are all shouting 'If I had known'. The stock exchange go declare profits again. Make dem park well.
jayjeystic rjaybeatz
it's time for profit taking . as a lot of companies declared their end of the year. so it's pure economics
Se stock fish 🐠 or stock meat 🥩?
benmurraybruce Next Level 2.0 👍
benmurraybruce Northerners are just dragging the whole country backwards with them 🙄... But we igbos can survive anywhere anytime!
benmurraybruce am_queenette
benmurraybruce Maybe it is corrupted
Why wouldn't it. Have you forgotten that Buhari just got re-elected?
benmurraybruce Next of Level of poverty and economic degradation have started real quick...so fast! 🙆🙆🙆
benmurraybruce Fake news
benmurraybruce That is a for taste of the NextLevel
Next level😅😅😅
Tension
RealOlaudah They must have priced in an Atiku win
Even Nigerian Stock Market reacted to confirm Election was rigged. 🤣🤣🤣. SaharaReporters Omojuwa YarKafanchan Tutsy22
NEXT LEVEL DON START! 😂😂😂😂
We just started oooo You all die well..! Welcome to NextLevel 🤣🤣
dondekojo I wonder if Nigeria will still exist after Buhari. Whoever placed this curse on Nigeria please it's enough. Come and carry your load
It’s the crime rate that will increase that will affect us all .
Lol,just the beginning of what is to happen...
Who else had rain in his state. It had rain heavily last night and it lasted till morning. Just meditating on that kind of rain? I'm sure even the weather must have been nervous.
The nextlevel has started ...
Good for them... Rubbish country
You people can’t tension us,what fell will surely rise.Its not like it was good this past years but we survived.Welcome to nextlevel weather you like it or not
Is easy to give a mad cutlass but taking it from him is the hard part.
Next level has already started
Congratulations his excellency, please don't bother, we're aware sir, just rest.
That is what is called BUHARI effect. Investors were optimistic that new person will come but Immediately they see the handwriting, oga pull out ni. Before nko? If am in their shoes I will do the same
d_undisputable We never start. This is d beginning
Lol
Lol 'the lifeless effect' .
Just 85 billion and you are making news? Have you not heard of Buhari before?
Propaganda
You never chi shom chin !
Bigadex Pencilbaba LoveOyeyemi Drebabaa though na joke sha 😂😂
Make dem loss....where D once them dey gain since .
Stock exchange, please stay away,we are tied of your figures of foreign indirect investment, let your so called FDI's go,(they are mostly secondary market instead of real direct investment).pls let ur story go to the next level ,you guys always stay in same page.
This APC supporters think Buhari can achieve anything in four years. Nothing o and like lightening it will be over and he back in Daura dead or alive. And Nigeria moves on but unfortunately likely to be in a very bad shape
Y’all should read FFS. Open and read in less than 3minutes, you wouldn’t be dropping the comments you’re dropping under this news. 🤦🏾♂️🤦🏾♂️
ChNnadozie Imagine even the market is mourning lmaooooo We all feel robbed somehow
blessedmouth Normal stuff with elections. It'll bounce back after.
Live within your means is not started yet.
That escalated real quick
Tomorrow, they will come and tell us Nigeria is perpetually broke and busted because of the 16 year PDP rule, when their 'POSTURE' alone brings unwitting misfortune to our economy. See bad market abeg...
Almost done arranging to leave for Cyprus
Welcome to next level
Mr_shooris Too small.
My change brothers, I salute... 😂
Next level?
The next level don start
What are they stocking...when next level just started..
Next level na. 😉 Scrr scrr
JaypeeGeneral Good morning Nigeria
Welcome to pain
Kick off Of Next Level
Seriously... Our money 😭😭😭😭
Lmao 😂..next level way
🤣🤣🤣🤣🤣
Already?!!!!!!!
Next level
sage4business NextLevel has started ... 🤣😁😁
Next level
EnochEmma4 We are from the north. That thing u just tweeted is rubbish.we will just sock the oil blocks, marry 4 wife and travel to Saudi Arabia. Stock market is not our business we don't travel to China or USA
hellow young man, it has begun already 😂
Very soon una go lose Murtala Muhammed Airport .. una never see anything
In fear & anticipation of buhari’s return
We brought this upon ourselves, hating GEJ so much so that we cared less about who was coming to replace him... Looks like we'll be paying for that mistake for four more years... Hope to get to the US boarder before Trump's wall is too high to jump.
hold Yakubu responsible for this?
Lies
It has started again
Only 85 billion naira, we are shouting... In four years time, our stock market will be extinct! 😕
Buhari has killed us
We've not even entered the Nextlevel
Welcome to the next level
This is what happened: According to , Mr Omordion said the smart money that pushed the market up with expectations that the opposition would win the presidential election were leaving the market.
Your GOAT NextLevel
Nigerians stop pretending as if you are shocked with the votes going in favour of Buhari Meanwhile they are the very ones who voted for him. Here in Ghana when we wanted mahama out we came together,marshalled our forces together and voted him out. NigeriaDecides2019
Sai baba, next level
ChNnadozie They are following the results
Next level
Thanks for the analysis knightofdelta
tibreezy NextLevel shit
Lol, are you southerners still complaining? Una go rest when the time reach.
Nextlevel.
Simple analogy you can not DEDUCE! If you have legit MONEY in the BANK or STOCK market...Why would you hurriedly go and withdraw it? STOLEN FUNDS in stock market are being withdrawn before they go on EXILE or return it to GOVERNMENT!
Is this your next leve
Not my business, we'll all suffer it together
See the ignorance of Nigerians responding to this tweet,damn.Something that happens on a daily basis,NSE record gains and losses daily,its a fluctuating market.Premium times just playing with the gullibility of social media guys...lol
Our President na Eleriibu President
NextLevel poverty
We Are Going To The NextLevel Sai baba....Una Never See anything
Story for the gods
now I understand what they mean by next level
Wow....Issa next level thing
After 48hrs of National Collation? VERY SMART move. Innit
Ladoh01 smh
ObaJaiyeoba 🤣🤣🤣
Lovely
Ehn sheybe it is the people that paid deposit for NNPC that have taken their money back
Sai baba
The Next level
Mo_Atiku That is next level for you
NEXT LEVEL
Systematic risk is already killing us as a result of the shit show of an election - FDI inflow will halt and the ones here would be moved out... Global credit risk is high as economies are recessionary or near one Donald Trump wants Oil low Una go see feem for this 2019.
All man for himself from now till 2023 no sympathy
Na so More grace we see 🤣
😂😂😂😂🤣🤣
When I just buy shares na e una dey lose 🙆♂️ sombori tell me is a prank 😭😭
The Election came with violence, so irrespective of the outcome, the international community will not consider this Free & Fair. From economics & finance perspective, foreign investment will not come in and the ones here would be likely taken out. Enjoy your dollar now 365.
Because all my guys are ballers
U see?
Next level
The stock market has been in a mess for over 9 years, please save us all these rubbish. Those who want to take their ill gotten wealth can do so now. Dollars sniffing dogs are being shipped in from USA. Whistleblowing fee shall be increased to 10%. Awon ole daran
Shebi we said we are doing elections? I hope we don't loose our heads too. When stats indicates further on how poorer we are getting, the Afonjas will start crying.
Hmmmmmmm, I pray we come out of this.
Sai baba, me I will be fine. Na dem wey vote for tyranny go suffer
itzkidmarley Nigeria we hail thee. You put our trust in God o
The losses will continue ..... Bye bye to foreign investors
We go dey here. We never see anything.
Nigeria would loses very thing under this useless nomadic MBuhari You want to rule people of Nigeria by force, this election were extremely rigged. In borno state they have not used card reader at all in many LGAs ,just inecnigeria and borno state governor wrote fake figures .
Anxiety and irrational statements from d opposition caused the panic sales. But I can assure u that as soon as d elections results are over d market will bounce back.
We soon recovered.
Next level😂😂😂😂
This is expected looking at the results from INEC collation centre. Had the result been the other way round, it would had been bullish by now.
“And so it begins”
friendlysars_ 100bn in 24hrs Let's bet!
Sai baba next level🔥
PluckyPrecious Lol, even stock market crash on hearing of Buhari's victory. MBuhari na bad news all round. Cheer up guys, las las all of us go de ok.
😃😃😃😃NextEvil have started.
You 9ja people can easily believe any news, Please folks always do your home work. Media is own by bad and corrupt people. They tell you what they want you to know. It negative or positive.
Its just the beginning,except we get a good economist and rejigged the system with sound policy can the NSE get back on track.
Was there a time the stock exchange made any reasonable gain? Companies have not been paying dividend again since the stock crash years back
Yesssss...
dondekojo Hmmmmmmmmm this is just the beginning.
Welcome to the Next level.
NexlLevel 😂😂😂
MBuhari is Neva associated with success. Everything he is involved with fails. He can sink a thriving economy in a few hours. The dictionary word for failure should be changed to buhari
Next level
It’s rich people’s money being wasted. Guess they were planning to use it to buy NNPC
Hefkhay Yayyyyyyyyyyyyyyyy
Beginning
INEC you people are seeing what you are doing to Nigeria, next level of hardship and economy failure. God will reward you inecnigeria
OgbajePhilz That's rubbish, body language of the president is working
e_urhoghide I told you guys to start buying stocks now especially Unilever stocks y'all dont listen
Eben_Ik in for 4yrs, this is how much naira 496,400,000,000,000 we will lose i hope we're all ready for this..
😂😂😂😂😂 No comment
Fake news
Hmmmmmmm
'Lies'
Next level of doom
Let it lose the whole amount under the stock exchange it won't change the result.
Calm down😂. This happens on a daily basis. The stock market gained 0.57% yesterday, lost 0.69% today, lost 0.61% last week, gained 3.63% the week before, rose 2.92% the week before that, and essentially fluctuates on a daily basis. This is not a cause for alarm nor an anomaly
If you see this headline, do not panic. It is not an anomally. The market rose by over 85bn yesterday and is positive year-to-date. This is just one of those headlines that tries to clickbait you based on non-widespread capital mkt savvyness
Sai Baba
Sai baba😹😹😹😹😹😹😹😹
biolakazeem When Trump was declared president of US, America stock market crashed and everyone was nervous. Guess stock market crash is an election thingy, it's gonna pick up
can you now see with your own eyes that some Nigerians are not tired poverty
They will soon call it fake news.....
N85bn?!!!..... This is too much
Oluwa ehhh!!!!!!
Am on my way to Kenya ooo
Let it nose dive to zero.
IbomOne Wow wow just look at this
What a striking force from Kano!!! The winning votes of APC in Kano alone, swallowed with deposit the winning votes of PDP in 11 states (Abuja, Ondo, Enugu, Abia, Ebonyi, Imo, Benue, Anambra, Plateau, Edo and Adamawa). Really, Almajiri no be lie, dey work.
Next level 😂😂🙆 if I pip
That's record breaking👏👏 More of that Buhari. I'm gonna be hailing all his moves if the Supreme Court upholds his reelection later in the year or next year.
biolakazeem Share the money jare.
Do you think there will be foreign investment in Nigeria in the next 4 years? You think investors will come and invest in a country where the construction & rule of law is not respected? You think foreign observers are not aware of the manipulations of the election results? Think
It has started 😭😭
The beginning of the End of Nigeria :lol,God help us oooo
dentozo Next level has started
That's PDP propaganda to spoil our Government, sha Allah Will expose them open.
Next level.
in 2015, it took days to lose this very figure. But now under 6hrs and almost 100billion is gone Now i know why God had stiffneckedness!!😕
Next level straight up
Sia baba oooo Ope ooo that is illegal and stolen money, that’s why the stock market will loss such amount, baba carry go we go learn sense before 2023
This is just the beginning
I am sorry for Nigeria....wrong turn
I pity the other tribes as for the south south and south East we go survive anywhere and anyhow!
Oh Lord!😢
Next level shit! Oya naa!!/
SMH
It has started 😂😂😂😂
😂😂😂😂.... you know every youth that vote this Buhari must as well wait enjoy the hardship too. 85billion in 6hours? Wonder how much will be lost in another 4yrs of Buhari administration. Anyway make Una enjoy Una President
The repercussions didn't even take time to begin. Nigerians are in for a very long long 4 years.
It is just about to start.
U never see anything... It's all about next level
Thank you, next
Una say una no go hear word ni, ee gba!
So it's election results that has caused this. Abeg another thing jare
Sai baba next level
E no concern me oo. I am already in Switzerland and I make sure I send my 2 sisters atleast 400 Euro monthly for their upkeeps. 😁😁🙌🏾
It's getting started
Nextlevel has commenced!
Next level has begun na 😂😂😂😂😂😂
Looters are shaking!!
We said and the results are not finally out and the repercussions are already with us. We all shall bear the pain.
Propaganda warfare
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Presidential election: NSE capitalisation loses N85 bn in six hours - Vanguard News NigeriaThe market capitalisation of listed equities on Tuesday shed N85 billion in six hours of trading to what traders attributed to profit taking as a result of presidential poll. vanguardngr Nigeria is in trouble o, to loose this huge amount even when the election is not free and fair. vanguardngr You na neva loss reach
Source: vanguardngrnews - 🏆 5. / 75 Read more »