News Formal

Stock market investors gained N1.24tn in 2021 – NGX - Punch Newspapers

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The most widely read newspaper in Nigeria

Investors in the Nigerian stock market gained N1.24bn in 2021 as the market capitalisation of equities rose by 5.89 per cent.

The All-Share Index of the Nigerian Exchange Limited closed the year at 42,716.44 basis points, up from 40,270.72bps at the end of 2020.The Vice-President, Prof. Yemi Osinbajo, said recently that the profit-taking activities of foreign and domestic institutional investors in the Nigerian stock market had created an excessive risk premium.

He said to usher in the return of foreign and domestic institutional participation, all government agencies and regulators in the financial system, among other key stakeholders, must work with the NGX to tackle the excessive risk premium within the market.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Equities Investment Advances By N3bnInvestors in the equities segment of the Nigerian stock market gained N3 billion yesterday as the market reverses the previous day’s losses on renewed
Source: LeadershipNGA - 🏆 4. / 77 Read more »