alezzy13:
Oga Dipo, I expected to see an analysis of why this is happening. What exactly is triggering this downward spiral?

first off, this is due mainly to increase in US interest rates. this means the dollar is stronger.
- and investors are heeding Trump's call to invest in America- which has record-low unemployment.
- Trump's protectionist policies kicked in last week; it'll lead to record-high manufacturing movement from abroad, back to the US (Canada's PM was furious yesterday).
- the whole world is affected, but we feel it the most because our stocks/currency are near worthless now (tiny dollar gain per naira increase in shares).
- this is why emefiele is trying to flood the markets with dollars through banks and bdcs:
to reduce the effects on the naira and prevent the dollar from destroying our currency.

then Ramadan, fast leading to reduced consumer spending.

then buhari is yet to sign the 2018 budget- now in June.

then you have a nation with at least 5 active, ongoing conflict zones.

meanwhile-
how can anyone disregard the knockon effects of Igbos sit at home, on an entire region that actually produces goods?!
Haba!

modified:
I almost forgot to mention crude oil.
even though it's still about $20 above our benchmark, perception is key.
- the few who want to stay see that govt has little will to pursue aggressive development.
- and then we're in an election year; so instead of massive development across all sectors, we're dealing with strikes, politicians are displaying violent tendencies and buhari's focus is on political bills.

dem no dey tell pesin say rain dey fall...

lalasticlala, mynd44

This is not a panic selling anything but rather crashing down. That will lead to melt down.

Tonason:
This is not a panic selling anything but rather crashing down. That will lead to melt down.

I'd really like to disagree with you…
but na Tru u tok.

Moghalu4Pres:
Nigeria really needs an economist like Kingsley Moghalu. 2019 is for Moghalu.

Young Progressive Party 2019.

true

If you are not disciplined enough to diversify the returns from the sales of your shares and you dont have other things to do with it, keep your stock of shares. Life is a cycle, what goes up must come down and vice versa. There are opportuned time to buy and sell. This is just the beginning of the free fall, you have not seen anything yet, im not a prophet of doom but saying the obvious. It is the usual pattern when Nigeria goes through election time. Politicians, your senators & assembly members who invested heavily in shares raised money for their election expenses, coupled with uncertainties institutional investors excersised. So, be cautious. Avoid taking decisions based on your emotions, seek counsels of other investors but not from stock brokers. Take the front seat of the car of your investments, seek to learn and grow through every experiences of life and you will live to reap the reward of your investments. Happy weekend.

Reminds me of what Warren Buffet says: be greedy when everyone is fearful, and be fearful when everyone is greedy.

Once you get your fundamentals right, do your due diligence...find a good company; this is the best time to buy "em up ~ at a good margin of safety and below their true value.

Moghalu4Pres:
Nigeria really needs an economist like Kingsley Moghalu. 2019 is for Moghalu.

Young Progressive Party 2019.

He already has me and my family's votes

debaj10:
first off, this is due mainly to increase in US interest rates. this means the dollar is stronger.
- and investors are heeding Trump's call to invest in America- which has record-low unemployment.
- Trump's protectionist policies kicked in last week; it'll lead to record-high manufacturing movement from abroad, back to the US (Canada's PM was furious yesterday).
- the whole world is affected, but we feel it the most because our stocks/currency are near worthless now (tiny dollar gain per naira increase in shares).
- this is why emefiele is trying to flood the markets with dollars through banks and bdcs:
to reduce the effects on the naira and prevent the dollar from destroying our currency.

then Ramadan, fast leading to reduced consumer spending.

then buhari is yet to sign the 2018 budget- now in June.

then you have a nation with at least 5 active, ongoing conflict zones.

meanwhile-
how can anyone disregard the knockon effects of Igbos sit at home, on an entire region that actually produces goods?!
Haba!

modified:
I almost forgot to mention crude oil.
even though it's still about $20 above our benchmark, perception is key.
- the few who want to stay see that govt has little will to pursue aggressive development.
- and then we're in an election year; so instead of massive development across all sectors, we're dealing with strikes, politicians are displaying violent tendencies and buhari's focus is on political bills.

dem no dey tell pesin say rain dey fall...

lalasticlala, mynd44

/
None of things you mentioned has anything to do with the drop in the equities.

Just saying./

https://www.youtube.com/watch?v=iq4Cwz3Pca8

Nigeria Stock Market| Low trade persists at the exchange

This body odour no dey end?

seguno2:


Our president waited for six months to nominate his useless ministers, whom he said are noisemakers.
He ruined the biggest economy into recession.
Foreign exchange rate went from N200 to over N500 before settling at N365.
Loans have more than doubled under Buhari’s vision-less administration.
Fuel price went from N87 to N145 yet there is scarcity.
Etc, etc.
I hope that you understand now.
Buhari is on a mission to steal, to kill and to bury our country.
Do you have your PVC ready?
What of your family and friends? Do they also have their own PVCs

A bit

debaj10:
first off, this is due mainly to increase in US interest rates. this means the dollar is stronger.
- and investors are heeding Trump's call to invest in America- which has record-low unemployment.
- Trump's protectionist policies kicked in last week; it'll lead to record-high manufacturing movement from abroad, back to the US (Canada's PM was furious yesterday).
- the whole world is affected, but we feel it the most because our stocks/currency are near worthless now (tiny dollar gain per naira increase in shares).
- this is why emefiele is trying to flood the markets with dollars through banks and bdcs:
to reduce the effects on the naira and prevent the dollar from destroying our currency.

then Ramadan, fast leading to reduced consumer spending.

then buhari is yet to sign the 2018 budget- now in June.

then you have a nation with at least 5 active, ongoing conflict zones.

meanwhile-
how can anyone disregard the knockon effects of Igbos sit at home, on an entire region that actually produces goods?!
Haba!

modified:
I almost forgot to mention crude oil.
even though it's still about $20 above our benchmark, perception is key.
- the few who want to stay see that govt has little will to pursue aggressive development.
- and then we're in an election year; so instead of massive development across all sectors, we're dealing with strikes, politicians are displaying violent tendencies and buhari's focus is on political bills.

dem no dey tell pesin say rain dey fall...

lalasticlala, mynd44

Your second point may not just happen


It's still more expensive for manufacturers to establish in the USA than elsewhere
Other countries are going to retaliate (I saw in the news how Argentina and Mexico will gain from this "trade war" brewing)

Other countries are bracing themselves up

Unfortunately, black man/Africans are just there sleeping

Shame