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Investors Recover N400bn Lost To JP Morgan Sentiments - Investment - Nairaland

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Investors Recover N400bn Lost To JP Morgan Sentiments by theV0ice: 1:22am On Sep 25, 2015
Investors in the Nigerian Stock Exchange, NSE, have fully recovered the N400 billion loss triggered by JP Morgan’s withdrawal from Nigeria announced two weeks ago, indicating a resilient domestic capacity in the market.

Trading on the exchange was positively active for three consecutive days this week, resulting in key market indicators surpassing the pre-JP Morgan high point as market capitalization hit 10.5 trillion while All Share Index, ASI, moved up to 30,543.17 as at close of business this week.

The exchange had begun recovery from several days bear run, but a day after JP Morgan announced its resolution to phase out Nigeria from its Government Bond Index, Emerging Market, GBI-EM, the market indices began to tumble with market capitalization dropping cumulatively to less than N10.1 trillion and ASI falling to 29,403.09.

Capital market analysts had expressed concern over the implication of the JP Morgan action on the equities market.

Panic triggers
WSTC Financial Services Limited, a Lagos-based investment house, said: “We expect both warranted and unwarranted reactions from investors in the equities market.

“We believe the sell-off in equities will be triggered by both panic reaction to the announcement, as well as more fundamental concerns which will be anchored upon elevated required return on equity, attractive returns in the fixed income market and uncertainty regarding the value of the Naira.

“We reckon that the rout in the equities market will create attractive entry opportunities for value investors and the ability to take advantage of these will depend on individual investor’s ability to filter the rhythm from the noise.

“However, it is important to state that the fundamental concerns further depress our short term outlook on the performance of the equities market, reinforcing our recommendation for flight for safety through asset re-allocation into fixed income and currency-hedged assets.”

Awaiting FG’s policy thrust
In its own analysis Afrinvest Group, another Lagos-based investment house, said: “While we observed a knee-jerk reaction in the Nigerian capital market since the announcement, we expect this to stabilize in the medium to long term as we await policy direction from the Buhari’s administration.

“The financial market sentiment feel the impact of this news flow as the domestic investor sentiments will seem to be the new major force driving the fixed income market, while the equities market may still continue to enjoy a mix of foreign and domestic sentiments as Nigerian equities still remains in the Morgan Stanley Capital Index for frontier markets.

“The improvement in performance shows that the frantic sell offs that were observed in the market, following the JP Morgan announcement has been stemmed.”

http://www.vanguardngr.com/2015/09/investors-recover-n400bn-lost-to-jp-morgan-sentiments/

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by Ola17: 1:33am On Sep 25, 2015
Finally some good news

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by sinhin(m): 1:57am On Sep 25, 2015
Nice
Re: Investors Recover N400bn Lost To JP Morgan Sentiments by MabraO: 2:20am On Sep 25, 2015
.
Re: Investors Recover N400bn Lost To JP Morgan Sentiments by disloman(m): 2:32am On Sep 25, 2015
Shebi we tell una?Don't panic.Things will fall in places cos God is on the throne.

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by DjAndroid: 2:47am On Sep 25, 2015
If it is true (because I no dey trust vanguard again) then God don win again!

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by OVI75(m): 2:54am On Sep 25, 2015
Wont believe any directly or indirectly linked to this government policies until he starts paying unemployed corpers and feeding schoool children.

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by rusher14: 4:05am On Sep 25, 2015
Some people would not like this.

They'll prefer news of anarchy, hunger and strife.

How is it possible that some people have decided to stake their currency on a stable economy, putting their money where their mouth is?

Let's wait for the pseudo-economists with their all too familiar reels of hate they choose to call a thread.

Investors have banked their chips on this economy, on this nation and in the future.

What say you?

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by modath(f): 4:21am On Sep 25, 2015
OVI75:
Wont believe any directly or indirectly linked to this government policies until he starts paying unemployed corpers and feeding schoool children.

Sure you would have "believed" & maybe privately rejoiced if the News had been negative, in order to validate the obsessive hatred for PMB/APC , right

Still don't & will never understand why a tribe of 99% Christians will continually wish their nation ill cos of deep seated & unwarranted resentment....

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by porka: 4:26am On Sep 25, 2015
[size=13pt]Due to the decision of the Fed not to raise interest rates for now. [/size]

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by ayukdaboss(m): 4:32am On Sep 25, 2015
You won't see people like Mogidi, Barcanista, Mizmycoli and the remaining pained wailers on threads like this. They always want to celebrate Nigeria's downfall to portray GEJ as a better leader. Nonsense!!

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by ayukdaboss(m): 4:34am On Sep 25, 2015
OVI75:
Wont believe any directly or indirectly linked to this government policies until he starts paying unemployed corpers and feeding schoool children.
What does this even mean?? When you see threads about investors losing, you rain curses on PMB and his government, now there's a gain and you don't believe its directly linked to his government's policies?? shocked Some of you will die of hatred if care is not taken.

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by Decibel: 5:34am On Sep 25, 2015
Propaganda everywhere. Lies!!

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by MizMyColi(f): 5:36am On Sep 25, 2015
gringringringringringrin
Re: Investors Recover N400bn Lost To JP Morgan Sentiments by MizMyColi(f): 5:42am On Sep 25, 2015
ayukdaboss:
You won't see people like Mogidi, Barcanista, Mizmycoli and the remaining pained wailers on threads like this. They always want to celebrate Nigeria's downfall to portray GEJ as a better leader. Nonsense!!

If you are in Nigeria and you sounded so pained at that time of the day when you should be busy meditating and filling your head with good things, then not only do I pity you; You Need Jesus!

And FYI
“In the case of the Federal government under Buhari, there is nothing exceptional he is doing that requires being ‘lauded’ especially when the current president is not acknowledging the input of the predecessor in conceptualizing, initiating and carrying out those projects to the extent that they were before being inherited by the new government.

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by Nobody: 5:42am On Sep 25, 2015
Good
Re: Investors Recover N400bn Lost To JP Morgan Sentiments by Decibel: 5:44am On Sep 25, 2015
This body language government has no shame. Why should they lie through their teeth all the time to cover their ineptitude and unseriousness/unprepardness to governance.

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by Decibel: 5:46am On Sep 25, 2015
Fraud!!

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by seunmsg(m): 5:47am On Sep 25, 2015
Great news for the country and sad news for the haters of the PMB government.

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by theV0ice: 5:54am On Sep 25, 2015
Decibel:
This body language government has no shame. Why should they lie through their teeth all the time to cover their ineptitude and unseriousness/unprepardness to governance.
Decibel:
Propaganda everywhere. Lies!!

What is the propaganda here my friend? What is the lie?

Do you imagine Vanguard just manufactured these figures or PMB Threatened them into saying something positive about his government?

Do you by any means realize these are figures that can easily be verified or refuted? Why not go ahead and provide your own figures to negate these ones published by Vanguard?

Or alternatively hold your peace and silently pray for the good of your country?


Decibel:
Fraud!!

What is??

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by omenka(m): 5:55am On Sep 25, 2015
They would still come and flood the thread with their Tears as usual.

They despise good news and are always reluctant to look out for any but would dig a tunnel from Lagos to Zamfara in search of bad news.

Good thing Nigeria is moving forward despite their hopes and fervent prayers it recede in all aspects especially economically and security wise.

It is our desire to see these positive Change spread all the way into their living rooms so they could be embarrassed at their own actions against the same government that brings succour to their miserable lives- if they have any conscience.

May God in his infinite kindness continue to bless our country and strengthen this president he's gifted us at this very critical stage in our life as a county.

It shall be well with us.

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by omonnakoda: 5:58am On Sep 25, 2015
It is ignorant to attribute the loss to JP Morgan. Any real stock market player knows this. The US NASDAQ lost $80 billion the same day and has been bleeding since. Yesterday it lost about $30 billion and the story has been similar or worse for the last two weeks. The US is presumably in JP Morgan's good books. What is happening in the markets is NOTHING to do with JP Morgan.

Those who make the most noise and convert this story to a new religious doctrine have never bought a share in their lives

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by Decibel: 6:00am On Sep 25, 2015
I maintain, it is all lies. 400bn lost in over three months just got recovered in few hours using Buhari body language and mouth action. Chai 'unu ga-egbu mmadu o o gringrin

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by theV0ice: 6:00am On Sep 25, 2015
omonnakoda:
It is ignorant to attribute the loss to JP Morgan. Any real stock market player knows this. The US NASDAQ lost $80 billion the same day and has been bleeding since. Yesterday it lost about $30 billion and the story has been similar or worse for the last two weeks. The US is presumably in JP Morgan's good books. What is happening in the markets is NOTHING to do with JP Morgan.

Those who make the most noise and convert this story to a new religious doctrine have never bough a share in their lives

The bold is most likely the case cool

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by omenka(m): 6:03am On Sep 25, 2015
theV0ice:


What is the propaganda here my friend?

Do you imagine Vanguard just manufactured these figures or PMB Threatened them into saying something positive about his government?




What is??
Ignore the poor thing. What do you expect of a people that imagine Akpabio lied when he said Buhari called him when he was lying in his hospital bed and wished him well, that he's being remembered in prayers??

These people are the greatest enemies this country has- even worse than Boko Haram in my view. The difference between the two of them is "chance"- chance to bear arm. Arm these guys and they wouldn't think twice before they shoot their own mothers for saying anything positive about Buhari.

They are the scum under the earth upon which we thread- they are always expected to be there but should always be ignored.

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by theV0ice: 6:03am On Sep 25, 2015
Decibel:
I maintain, it is all lies. 400bn lost in over three months just got recovered in few hours. Chai 'unu ga-egbu mmadu o o gringrin

my dear friend, try get some education on this matter before spewing bile.

This recovery wasn't in one day, it was over a particular period. Try read the body of the report and understand it fully before allowing your preconceived prejudice about PMB to becloud your grasp of this issue.

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by adconline(m): 6:06am On Sep 25, 2015
1.2tn lost prior to JP Morgan's delisting.. Do you know how calculate numbers Economy is inching toward recession with 2 successive qtrs of -Ve economic growth.

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by Decibel: 6:08am On Sep 25, 2015
omenka:
Ignore the poor thing. What do you expect of a people that imagine Akpabio lied when he said Buhari called him when he was lying in his hospital bed and wished him well, that he's being remembered in prayers??

These people are the greatest enemies this country has- even worse than Boko Haram in my view. The difference between the two of them is "chance"- chance to bear arm. Arm these guys and they wouldn't think twice before they shoot their own mothers for saying anything positive about Buhari.

They are the scum under the earth upon which we thread- they are always expected to be there but should always be ignored.
My friend you make a lot of noise. You are a definite slave to the Hausa fulanis as well as a political abobaku who spends 24/7 on the Cyberspace defending your Daura lord. Shame!!

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by Decibel: 6:13am On Sep 25, 2015
@theVoice, this propaganda cannot be bought 'cos it is not well concorted. I implore you to seek for the services of more spin doctors in order for it to pass for a 'news'. gringrin

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by theV0ice: 6:20am On Sep 25, 2015
omenka:
Ignore the poor thing. What do you expect of a people that imagine Akpabio lied when he said Buhari called him when he was lying in his hospital bed and wished him well, that he's being remembered in prayers??

These people are the greatest enemies this country has- even worse than Boko Haram in my view. The difference between the two of them is "chance"- chance to bear arm. Arm these guys and they wouldn't think twice before they shoot their own mothers for saying anything positive about Buhari.

They are the scum under the earth upon which we thread- they are always expected to be there but should always be ignored.

Its sad. How can you wish your country and its leader to fail just so you can get an opportunity to gloat?

What psychological malaise is in operation here?

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by theV0ice: 6:21am On Sep 25, 2015
Decibel:
@theVoice, this propaganda cannot be bought 'cos it is not well concorted. I implore you to seek for the services of more spin doctors in order for it to pass for a 'news'. gringrin

cry cry

I'll remember you in my prayers buddy

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Re: Investors Recover N400bn Lost To JP Morgan Sentiments by Volksfuhrer(m): 6:26am On Sep 25, 2015
Better news!

2 Likes

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