Operators hopeful of increased market activities

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Hopes of increased stock market activities and sustainable rebound rose with the inauguration of ministers, yesterday, as operators urged investors to increase their participation in the market.[ad] Capital market analysts who anticipated a major resurgence under the current administration to make up for the poor performance of the immediate past administration argued that despite the instability that pervaded the nation’s capital market in the past few years, there is a need for investors to leverage the current low prices to expand their portfolio for future capital appreciation.

•Experts urge investors to expand portfolios Hopes of increased stock market activities and sustainable rebound rose with the inauguration of ministers, yesterday, as operators urged investors to increase their participation in the market.

They added that the nation’s soaring inflation is a potent threat to the fixed-income market and investment yields, an indication that more funds will flow into the equity space as institutional investors balance their portfolios. “Investors should not panic. With the swearing-in of ministers today and with the first Federal Executive Council meeting to be held this week, we expect to see increased activities in the market as these ministers start rolling out their plans for the future.

“The market is information driven and swearing in of ministers and of course who takes on the finance ministry and who becomes in charge of the economy all price sensitive information that should drive the market.

 

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