PETERiCHY:
10:57AM BR-E-A-KI-NG! INVESTORS book above N300.00billion loss in just 27mins as Huge Sell activities hit stocksin #EarlyTRADES @NSEcontact
11.00AM #BREAKING Stocks record sharp fall in #EarlyTRADES, @NSEcontact tumbles further by 3.01% as INVESTORS book N314.24bn in just 30mins
11:16 SECTOR-WATCH! #BankingSTOCKS are under intense PRESSURE, no Gainers yet as VOLATILITY hits the sub-sector considerably
11:48AM @ZenithBank down by 4.93% @gtbank dips by 4.98% @UBAGroup tumbles by 4.42% @StanbicIBTC slips by 0.44% as @NSEcontact down by 3.29%
12:07PM OFFICIAL! #Stocks end morning session BEARISH, @NSEcontact DOWN by 3.38%, trading at 29,333.18bpts, 3Gainers Vs 36Losers
Effect of JP MORGAN DELISTING!!!

Nigeria was admitted into jp morgan bond index in 2012 and prior to that NSE has been making progress and banks and companies making profit. So now, Nigeria has been yanked off, nse will keep on moving and companies will continue making profits .

What is happening is just panic selling, fundamentally mkt is ok.

kenmaro:

Please, is OANDO a good buy now @ 11.90?

Better wait it will soon get below N7

angrybull:


Nigeria was admitted into jp morgan bond index in 2012 and prior to that NSE has been making progress and banks and companies making profit. So now, Nigeria has been yanked off, nse will keep on moving and companies will continue making profits .

What is happening is just panic selling, all the fundamentally mkt is ok.

3 years Ago , nothing special we will adjust , i do not support further devaluation even though i earn in $

BNSITL should not forget that Access Bank is paying interim dividend tomorrow, September 10th, 2015. Bring it on, we are here!

myjoy08:
BNSITL should not forget that Access Bank is paying interim dividend tomorrow, September 10th, 2015. Bring it on, we are here!

myjoy08:
BNSITL should not forget that Access Bank is paying interim dividend tomorrow, September 10th, 2015. Bring it on, we are here!

Are they paying another interim dividend?

PETERiCHY:


Better wait it will soon get below N7

Thanks! How about UBA and FBNH, are they good buy now?

kenmaro:


Thanks! How about UBA and FBNH, are they good buy now?

Bros chill o, u wan enter house wey dey on fire?

Uba is tempting me to jump back in.
I sold all yesterday . am tempted at 4.09 bearing in mind of 20k div making it 3.89
I feel this crash is a panic thing.

mercylicious:
Uba is tempting me to jump back in.
I sold all yesterday . am tempted at 4.09 bearing in mind of 20k div making it 3.89
I feel this crash is a panic thing.

Listen to your heart madam

mercylicious:
Uba is tempting me to jump back in.
I sold all yesterday . am tempted at 4.09 bearing in mind of 20k div making it 3.89
I feel this crash is a panic thing.

Hehehe, abeg where is your live-in partner Michael?

mercylicious:
Uba is tempting me to jump back in.
I sold all yesterday . am tempted at 4.09 bearing in mind of 20k div making it 3.89
I feel this crash is a panic thing.

Nor worry I go buy from u at 2.5

PETERiCHY:
10:57AM BR-E-A-KI-NG! INVESTORS book above N300.00billion loss in just 27mins as Huge Sell activities hit stocksin #EarlyTRADES @NSEcontact
11.00AM #BREAKING Stocks record sharp fall in #EarlyTRADES, @NSEcontact tumbles further by 3.01% as INVESTORS book N314.24bn in just 30mins
11:16 SECTOR-WATCH! #BankingSTOCKS are under intense PRESSURE, no Gainers yet as VOLATILITY hits the sub-sector considerably
11:48AM @ZenithBank down by 4.93% @gtbank dips by 4.98% @UBAGroup tumbles by 4.42% @StanbicIBTC slips by 0.44% as @NSEcontact down by 3.29%
12:07PM OFFICIAL! #Stocks end morning session BEARISH, @NSEcontact DOWN by 3.38%, trading at 29,333.18bpts, 3Gainers Vs 36Losers
Effect of JP MORGAN DELISTING!!!

can you also post how much our stocks gained the day JPM admitted us into their index!

then discount the fact that crude oil was selling at about $120 per barrel then!

JPM can go to hell! we will keep making money here in NSE....

infact this is another oppurtunity to make even more monies here and from the bond nmarkets

Am watching this stock closely EvansMed

Mercylicious. If you are buying very large volume then its OK to jump in now. Otherwise...Not worth it except you are looking at long term things.

Afterall you have made profits from sales yesterday.

http://businessdayonline.com/2015/09/cbn-threatens-severe-sanctions-on-banks-for-tsa-violation/

The Central Bank of Nigerian (CBN) has warned banks to move all government accounts to its custody in line with the Treasury Single Account (TSA) rules or face severe sanctions.

Tokunbo Martins, CBN Director of Banking Supervision said in a circular- “BSD/DIR/GEN/LAB/08/048” directed all banks to ensure none of government monies are still in their vault at the expiration of the September 15 deadline issued by President Buhari.

PETERiCHY:
http://businessdayonline.com/2015/09/cbn-threatens-severe-sanctions-on-banks-for-tsa-violation/

The Central Bank of Nigerian (CBN) has warned banks to move all government accounts to its custody in line with the Treasury Single Account (TSA) rules or face severe sanctions.

Tokunbo Martins, CBN Director of Banking Supervision said in a circular- “BSD/DIR/GEN/LAB/08/048” directed all banks to ensure none of government monies are still in their vault at the expiration of the September 15 deadline issued by President Buhari.

We need more of this news Sir Peterichy. Thank you, Thank you, and Thank YOU

FannySwindler:
Mercylicious. If you are buying very large volume then its OK to jump in now. Otherwise...Not worth it except you are looking at long term things.
Afterall you have made profits from sales yesterday.

Women in Black

JP Morgan is a monkey hunter..................... ..............

kenmaro:


Thanks! How about UBA and FBNH, are they good buy now?

keep calm and be watching the All-SHARE INDEX when it drops below the 26000 basis point then you can think of making your first purchase, as for now there is heavy FIRE ON THE MOUNTAIN.

angelo82:
JP Morgan is a monkey hunter..................... ..............

follow the guy 2 steps above me at your own peril.

shouting Fire Fire, and busy making money silently.

morgan capital platform is just so annoying. and they cant even pay for the opportunity they made me miss . could ve sold my access bank yesterday. see gbese now

chukyjones:
follow the guy 2 steps above me at your own peril.

shouting Fire Fire, and busy making money silently.

lol

PETERiCHY:


keep calm and be watching the All-SHARE INDEX when it drops below the 26000 basis point then you can think of making your first purchase, as for now there is heavy FIRE ON THE MOUNTAIN.

Am sorry thought you had earlier said it would drop to 20000?

Why not advice him/her to wait till end Nov when it would've dropped to 20000?

mercylicious:
Uba is tempting me to jump back in.
I sold all yesterday . am tempted at 4.09 bearing in mind of 20k div making it 3.89
I feel this crash is a panic thing.

Remember the same UBA sold for N1:60k 3yrs ago and history has a way of repeating itself

Stop sounding like the voice of devil.............At least leave prejudice and be objective..............

PETERiCHY:


Remember the same UBA sold for N1:60k 3yrs ago and history has a way of repeating itself

That means she needs to go back to "3years ago" to buy at N1.60k
hmmmmm me tooo, i'm going back oooo.....3yrs ago, here we come

If you look at the trading pattern today you will realize is panic selling based on that JP crap...................Real bear sheds blood like water and market will settle by tomorrow....................