How stock market will survive COVID-19 – Experts

Some experts are optimistic that capital market would recover from the devastating effect of the COVID-19 pandemic and rebound in 2021.

The experts, however, said the capital market had shown signs of recovery in the last couple of days, and that if government’s stimulus packages were appropriately channeled and executed the market would rebound in 2021. He said the Securities and Exchange Commission should continue to implement investor confidence-building measures with emphasis on e-transactions, including its zero tolerance on infractions and ponzi schemes.

“One of the strongest influences on foreign portfolio investments in Nigeria going forward will be the recent monetary and fiscal policies’ shifts which tend towards a free market economy,” Uwaleke added.

We are optimistic if not there will be problem.

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How stock market will survive COVID-19 – Daily TrustSome experts are optimistic that capital market would recover from the devastating effect of the COVID-19 pandemic and rebound in 2021. The capital market lost N1.71 trillion or 12.54 per cent as market capitalisation fell from N13.657 trillion on Feb. 28 to N11.945 trillion as at close of trading on April 20. The decline in … Scanty
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