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Investors Lose N1.9trn To Stock Market Volatility

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Concerns about the 2019 general elections as well as the cautious stand adopted by Foreign Portfolio Investors (FPIs) and other domestic portfolio managers over unfolding political events in the country have resulted in a huge loss of N1.888 trillion by stocks market investors in 2018. The key performance indicator of the Nigerian Stock Exchange (NSE), […]

 

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Equities Investors Lose N1.9tn, Market Declines by 17.8% in 2018 - THISDAYLIVE• Nigeria’s debt rises to N22.4tn Goddy Egene and Nume Ekeghe Contrary to high expectations that the Nigerian equities market will sustain the 2017 positive performance in 2018, the market closed the immediate past year with a decline of N1.898 trillion, while the Nigerian Stock Exchange (NSE) All-Share Index (ASI) depreciated by 17.8 per cent. …
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Operators blame govt, politicians over N1.9trn investors’ loss in stock market - Vanguard News NigeriaOperators in the capital market have attributed the huge losses suffered by investors in the stock market in 2018 to the activities of the government and political parties.
Source: vanguardngrnews - 🏆 5. / 75 Read more »