NSE: Why are prices going down?
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t a time when there's galloping inflation. i'm surprised why prices in the Nigeria stock market are going down on a daily basis. Has it reached its peak? Was it somewhat related to cosmetic reporting or cosmetic accounting? The brokers are relating this event to the effect of CBN's directive to commercial banks against financing margin trading by brokerage firms
Comments:
Re: NSE: Why are prices going down
Posted by Rayban
on July 11, 2008 at 09:10:02:
In Reply to: NSE: Why are prices going down posted by
Obi on June 26, 2008 at 15:09:38:
People just dey fear say their money fit fizzle out
Posted by Nnamdi Okoli
on July 11, 2008 at 09:11:00:
In Reply to: NSE: Why are prices going down posted by
Obi on June 26, 2008 at 15:09:38:
Soludo has recently asssured that the stock market will remain stable and investors need not worry
Posted by Beyonce
on July 11, 2008 at 09:12:41:
In Reply to: NSE: Why are prices going down posted by
Obi on June 26, 2008 at 15:09:38:
I don't trust all those brokers and govt pikin who are saying no shaky. It's good to diversify your investments and out your money where you can get more reliabe returns
Posted by Nnamdi Okoli
on July 11, 2008 at 09:14:39:
In Reply to: NSE: Why are prices going down posted by
Obi on June 26, 2008 at 15:09:38:
It would be better to move away from the stock market for now and put your money elsewhere if you're thinking short term, but with the increasing number of investors who are selling their shares because of fear, prices would continue going down because of people's disinterest in them
Posted by Willie
on July 11, 2008 at 09:15:18:
In Reply to: NSE: Why are prices going down posted by
Obi on June 26, 2008 at 15:09:38:
What other better investment can one put his money in apart from the Nigerian stock market?
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