Low valuation attracts investors to capital market – Stockbroker

📆 2020/10/20 00:00:00
📰 MobilePunch

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A Chartered Stockbroker and Managing Director, Sofunix Investment and Communications Limited, Mr Olusola Oni, has linked low valuation of stocks quoted on the Nigerian stock market to the attraction o

f investors to the nation’s bourse.

He added, “Valuation on our market is relatively low and this makes the market attractive. But uncertainties at the level of polity, economy and security have consistently dampened investor confidence and discouraged private equity from participating effectively on the market. He said, “It is commendable that the current management of the exchange continues with the lofty project which commenced during our administration.

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