News Formal

How Nigeria's stock market will survive COVID-19 – Experts

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 78%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

The capital market lost N1.71 trillion or 12.54 per cent as market capitalisation fell from N13.657 trillion on February 28 to N11.945 trillion as at close

The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria November 9, 2016. REUTERS/Afolabi SotundeSome experts are optimistic that the 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 channelled and executed the market would rebound in 2021. He added that the Exchange should speed up its demutualisation process to make room for more capital needed to upgrade trading information technology infrastructure made imperative by COVID-19.

“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.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

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
ソース: Daily Trust - 🏆 13. / 51 続きを読む »