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Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking - Investment (2) - Nairaland

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Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by Dukeolumidemans(m): 7:13am On May 16, 2019
Lots of cash gone down the drain...that's why I've chosen to invest outside Nigeria. And it's paying off already. Some people will never learn to trust their instinct...
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by frowland(m): 7:34am On May 16, 2019
Sorry, does everyone actually lose in stock market? I thought someone makes profits, the other makes loss. As I am selling off my stocks at lower price, someone is gaining by buying cheaper. What am I missing?

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Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by Keywordconcept(m): 7:53am On May 16, 2019
frowland:
Sorry, does everyone actually lose in stock market? I thought someone makes profits, the other makes loss. As I am selling off my stocks at lower price, someone is gaining by buying cheaper. What am I missing?

The person is buying and waiting for a market rebound. It's all risks.

Speculations everywhere.

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Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by HeliosHay(m): 8:02am On May 16, 2019
MyVc:
The Nigerian Stock Exchange (NSE) opens the week tradings' on a  bearish note. The All Share-Index (ASI) declined by 1.26% to close at 28,484.44 basis points. Year-to-Date the ASI was down by 9.37%. 

The equity market capitalization closed at N10.701 trillion in contrast to N10.842 trillion recorded last week Friday. The market breadth closed with 11 gainers and 30 losers. Okomu Oil led the gainers' chart while NEM Insurance Plc led the top losers' chart. 

United Capital Plc was the most traded stock by volume. The stock sold 41.2 million units of its shares valued at N289.1 million. Guaranty Trust Bank was the most traded stock by volume. The company sold 37.9 million shares valued at N1.1 billion.

UBA sold 15.9 million units worth N96.8 million. Sterling Bank transacted 13 million units valued at N34.4 million. Transnational corporations of Nigeria ranked in 12.2 million units valued at N14.2 million.

Okomu Oil Palm Company Plc was the best-performed stock for the day. The stock appreciated by 10% to close at N77. Neimeth International Pharmaceuticals plc also appreciated by 10% to close at 55 Kobo.

AG Leventis Nigeria Plc was up by 8.33% to close at 26 Kobo. Africa Prudential Plc appreciated by 7.91% to close at N3.82. Japaul Oil completes the top five gainers for the day. The stock increased by 7.69% to close at 28 Kobo.

NEM Insurance Plc was the worst performed stock for the day. The stock shed 10% to close at N2.25. Chams Plc also depreciated by 10% to close at 36 Kobo. United Capital Plc was down by 9.37% to close at N2.32.

Goldlink Insurance Plc declined by 8.70% to close at 21 Kobo. Jaiz Bank Plc rounds up the top five losers chart. The stock went down by 8% to close at 46 Kobo. 

Source: : https://businesshournigeria.com/investors-lose-n…ontinues-tanking/.

Invest when there's blood on the streets...this is probably the best time to start picking up stocks at a discount.

Be greedy when everyone is fearful and fearful when everyone and their dog is buying stocks

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Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by frowland(m): 8:07am On May 16, 2019
Keywordconcept:


The person is buying and waiting for a market rebound. It's all risks.

Speculations everywhere.

Everyone never loses in that market at the same time. As someone is loosing, so is another gaining.
I buy a stock at #15, due to speculations I sold at #10 (my loss) not everyone's loss.
Someone buys a stock for #10, and sold for #15, its his gain, not everyone's gain.
In that market, the term loss is not particularly so.

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Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by Nobody: 8:18am On May 16, 2019
arsenalman:

Haba! Half is too much na. You should be talking 0ne tenth. Even crypto market cap is bigger than NSE.
I have seen over 30% gain in 1 week alone in crypto and NSE is there shiting its pants.

Which coins did you invest in? Ethereum or Litecoin or Ripple? I have abandoned the crypto space for a while.

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Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by Nobody: 9:06am On May 16, 2019
philcz:
God airpus in this country, what investment can someone make with $50 dollars?


Contact Me On My Signature
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by osuofia2(m): 9:12am On May 16, 2019
expert234:
I'm certain that the dirty dog with ugly rat face in the picture below will blame Jonathan for this. That's how idiotic the fool is.
oga na who be this for picture?
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by kirchofff(m): 9:42am On May 16, 2019
arsenalman:

Haba! Half is too much na. You should be talking 0ne tenth. Even crypto market cap is bigger than NSE.
I have seen over 30% gain in 1 week alone in crypto and NSE is there shiting its pants.
Hello man, do you know any crypto group you can recommend me to join?
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by Nobody: 10:07am On May 16, 2019
The people who still believe in the Nigeria stock market with their hard earned money are the real patriots
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by debaj10: 10:14am On May 16, 2019
frowland:


Everyone never loses in that market at the same time. As someone is loosing, so is another gaining.
I buy a stock at #15, due to speculations I sold at #10 (my loss) not everyone's loss.
Someone buys a stock for #10, and sold for #15, its his gain, not everyone's gain.
In that market, the term loss is not particularly so.
ur last statement is utterly wrong.

d ase has lost over 9% of it's value since Jan 1st.

that's real money lost by investors.

pls b guided in ur statements.

tnx
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by philcz(m): 10:27am On May 16, 2019
revived43:



Contact Me On My Signature
ok
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by walexy14(m): 8:47pm On May 17, 2019
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