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Nairaland Forum / Nairaland / General / Business / NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% (6752 Views)
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NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by RipplesNigeria: 1:19pm On Dec 14, 2016 |
The modest price recovery in the previous three trading sessions broke into a major rally on Tuesday as the stock market reopened to increased bargain-hunting transactions. Total turnover at the Nigerian Stock Exchange (NSE) spiraled upward by 247 per cent while the average day-on-day return stood at 0.98 per cent, equivalent to a gain of N87 billion. With nearly two gainers for every loser, all major indices at the NSE closed on the upbeat. The All Share Index (ASI), the value-based common index that tracks prices at the NSE, rose by 0.98 per cent to close at 26,071.16 points as against its opening index of 25,817.69 points. Aggregate market value of all quoted equities also improved from its opening value of N8.883 trillion to close at N8.970 trillion, representing a gain of N87 billion. The negative average year-to-date return, though still negative, improved to -8.93 per cent. Read More: https://www.ripplesnigeria.com/nse-live-investors-swoop-equities-turnover-rises-247/ |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by Nobody: 1:30pm On Dec 14, 2016 |
This is not Mavro...it is real and it has an address like Ekwulobia Urban Mass Transit. Wey them?...Oya come see where we dey collect our own. 18 Likes 1 Share |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by herzern(m): 1:30pm On Dec 14, 2016 |
Followinq. |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by olaric(m): 1:32pm On Dec 14, 2016 |
Apparently this topic is too steep for some people here; hence the reason no one has posted a comment yet. Not the MMM or Tonto Dikeh kind of story or the Yoruba/Igbo stuff that some guys are used to. 11 Likes |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by agabusta: 1:33pm On Dec 14, 2016 |
olaric: 5 Likes |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by nairaman66(m): 1:34pm On Dec 14, 2016 |
Don't rush into this! It's only cosmetic for the moment. 3 Likes |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by wristbangle: 1:36pm On Dec 14, 2016 |
MMM has really hurt Nigerians so bad that they ignore thread like this as if it's poo 1 Like |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by deleo16(m): 1:37pm On Dec 14, 2016 |
stock market my 300k share with certificate no they pay anything before them they pay 5 Naira now for the past two years noting show at all nonsense 4 Likes |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by SIRTee15: 1:39pm On Dec 14, 2016 |
ok, portfolio investors are back....... trying to cash in on high govt bond yields...... hope it helps our naira appreciates against the dollar....... at least, this is why Emefiele refused to reduce the interest rate despite recession...... |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by Costello559(m): 1:41pm On Dec 14, 2016 |
Lol... Mehn this write up sef... Can SOMEONE HELP ME INTERPRET THIS STUFF.? THE GRAMMAR SEF DY WORRY MY BELLE... 3 Likes |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by Nobody: 1:43pm On Dec 14, 2016 |
If na MMM, this thread go don reach 50 pages by now - make we see wetin wan happen for january 2 Likes |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by ednut1(m): 1:47pm On Dec 14, 2016 |
story story |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by Mindmirror: 1:55pm On Dec 14, 2016 |
Count your teeth with your tongue and see which pays better. Mavros or stocks. I say this with facts and figures and with all the emphasis at my command and without any fear of contradiction. i need someone to challenge me on this assertion. No ome has lost money before on MMM Nigeria and no one will. 1 Like |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by Ekakamba: 1:56pm On Dec 14, 2016 |
Like for Nigeria shares, share for MMM Nigeria, quote for dead. 2 Likes 1 Share |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by Orikinla(m): 2:01pm On Dec 14, 2016 |
Good news for Dangote and Otedola. |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by Jung(m): 2:03pm On Dec 14, 2016 |
olaric: senior brother that understands... please enlighten us. and show us how many houses equity has built for you abeg. make sure you dont leave anything out of your explanations, and back up with pics for good measure. 6 Likes |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by deleo16(m): 2:06pm On Dec 14, 2016 |
SIRTee15:hmmm I see 2 Likes
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Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by OBAGADAFFI: 2:13pm On Dec 14, 2016 |
This post is for people here https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/1946 |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by engrshakespeare: 2:13pm On Dec 14, 2016 |
Mindmirror: You are mad but you have no one to tell you 1 Like |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by maclatunji: 2:21pm On Dec 14, 2016 |
End of the year speculation. |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by olaric(m): 2:38pm On Dec 14, 2016 |
Jung: RIP to your sense of humour because it passed on years ago... |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by Corrinthians(m): 2:47pm On Dec 14, 2016 |
olaric: |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by itsmine: 3:06pm On Dec 14, 2016 |
nairaman66:Thread with caution is the word. No major economic index to warrant this. Even the ponzi mmm freeze/crash should have hurt the mkt all things being equal. why are African exchanges difficult to predict? |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by Caseless: 3:06pm On Dec 14, 2016 |
Why is this thread deserted by the 'badnews-loving' isrealites? |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by itsmine: 3:12pm On Dec 14, 2016 |
SIRTee15:I doubt. rise in bond mkt shd slow down activities in d stock mkt |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by Jung(m): 3:30pm On Dec 14, 2016 |
olaric: This is why people fail exams... who told you i was trying to be funny? SMH. you better provide what i asked or ..................... uncle "this topic is too steep". if your bank account is as steep as your mouth, you wont be here on nairaland.... Instead of you to help peeps appreciate and understand how the system works, you are here yarning "steep". Cow 2 Likes |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by pointstores(m): 3:41pm On Dec 14, 2016 |
ok nw |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by 1stdammy: 3:41pm On Dec 14, 2016 |
I jst can't comprehend!!!! Summary pls. |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by olaric(m): 3:48pm On Dec 14, 2016 |
Jung: Now I can confirm that you have a big issue with understanding a simple sentence--It's your sense of humour I am talking about. Why am I even joining issues with you. 1 Like |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by grownaira: 4:33pm On Dec 14, 2016 |
Great |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by miqos02(m): 4:52pm On Dec 14, 2016 |
nice |
Re: NSE LIVE! Investors Swoop On Equities As Turnover Rises By 247% by Venerable612(m): 6:31pm On Dec 14, 2016 |
These sort of news are good... At least to encourage foreign investors. But the Nigerian Economy is too unstable...to say the least and the Market, and particularly foreign investors, dont like unpredictability. The federal government and the CLUELESS, Senate and HoR... Are not chunning out good economic policies and regulations that encourages investments. The Naira is on a free-fall and I dont even believe all this tabloid news on increasing federal reserves. Most of our graduates are unemployable as they know next to nothing about how businesses can run and stay competitive in the highly advanced modern world. Lack of a stable electricity and security makes it difficult and expensive for companies to run effectively and maintain cashflow. Crux... I am not an economist neither am I business analyst; I am only a law student. Still, I know that no economy will grow, and indeed neither will foreign companies be attracted, to a society where 1.There is no sound regulatory system to regulate the formulation and running of businesses: even Barbing Saloon, food sellers, drug sellers etc should be regulated. They have to meet international hygeine standards if our country will ever grow. 2. Good Judicial system to ensure parties get adequate redresses in cases of breach or contractual disputes 3. Where the pool of talents to hire is minimal due to the porous and jack of all trade system adopted by our education policy makers Many things are wrong with the country... But first... I think we need to overhaul our electoral system. Its hight time we start encouraging trained professionals to via for senatorial positions. The earlier the better. No nation can be better than the laws and policies it implements. Psalm! 2 Likes |
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