modsfucker:

For what exactly? What did I do to warrant such description?

Okoyiboz3:


Ponzi schemes are designed to fail and the gullible idiots who fell victim still blame others for their stupidity.

Where is Chudy the Super Guider of MMM? Some fools even bought him a car during his wedding. He's in one place enjoying MMM money and laughing at MMM victims.

cRobo:
True

I lost my 459 millions also

ProudlyAfarmer:
Igbos don't buy stocks, so no cause for alarm!

What are you typing ? You shouldn't be displaying your imature attitude bro, grow more.
















ILLITERACY is highly rampant in the potopotor Republic..











I pity them plus including their girls have small small breasts with ponmo legd

post=84726344:



Despite the decline, stock prices remain attractive, making room for bargain hunting in value stocks, amidst still-positive macro-economic fundamentals.
Those of us that trade in stocks can relate.
Things will pick up again again.
No time for panic sales.
The Stock Market is all about UPS AND DOWNS. 
The faint hearted people should not go near it.
But, There is limited GENERAL knowledge on the stock market by an average Nigerian citizen.
Something should be done about that.



Royal Exchange, you can count on them for most part.
One of our goons!

God bless Nigeria.

modsfucker:


I know... I was just trying to say that this type of December rush is not healthy for the markets, hence the comparison with MMM... I'm into stocks and I know it very well

iykecicero:
Bubu is working but in grievously destructive ways. Evil man, Buhari.

iykecicero:
Bubu is working but in grievously destructive ways. Evil man, Buhari.

aimuan:
why did you used capital letters to write b in buhari? Next use small letter abeg, that man is a complete disappointment. He deserves no respect.

jahsharon:


The respect Buhari has all over the world, no member of your family or generation can ever have such.

cRobo:
True

I lost my 459 millions also

fredoooooo:


Your parent money on your educationdidn't waste.. Have a nice week ahead ..

post=84726344:



Despite the decline, stock prices remain attractive, making room for bargain hunting in value stocks, amidst still-positive macro-economic fundamentals.
Those of us that trade in stocks can relate.
Things will pick up again again.
No time for panic sales.
The Stock Market is all about UPS AND DOWNS. 
The faint hearted people should not go near it.
But, There is limited GENERAL knowledge on the stock market by an average Nigerian citizen.
Something should be done about that.



Royal Exchange, you can count on them for most part.
One of our goons!

God bless Nigeria.

dipoolowoo:
By Dipo Olowookere

The sum of N71 billion was lost by the Nigerian stock market last week. There are only 12 trading days left before the commencement of the Christmas and New Year holidays and in preparation, investors have begun to take profit to play safe.

In the previous week, which ended on November 29, the Nigerian Stock Exchange (NSE) appreciated by a marginal 0.04 percent, but last week, which closed on December 6, the market went down by 0.54 percent.

This brought the All-Share Index (ASI) down 146.63 points to 26,855.52 points from 27,002.15 points and the market capitalisation down by N71 billion to N12.962 trillion from N13.033 trillion.

Business Post reports that a total of 35 stocks depreciated in price during the week, higher than 32 equities in the previous week, while 19 shares appreciated in price, lower 31 equities in the previous week, with 111 stocks closing unchanged, higher than 102 equities recorded in the preceding week.
ALSO READ View MTN Nigeria Q1 2019 Analyst Call Presentation Held Today

Cornerstone Insurance was the worst performing stock, losing 20.25 percent to close at 63 kobo per share. MedView Airline lost 10.00 percent to close at N1.62 per unit, Arbico fell by 9.81 percent to settle at N4.32 per share, Ikeja Hotel declined by 9.73 percent to finish at N1.02 per unit, while FCMB depreciated by 9.45 percent to end at N1.82 per share.

On the other hand, Royal Exchange was the best performing stock on the NSE last week, rising by 17.39 percent to finish at 27 kobo per share.
ALSO READ Court Orders Seizure of Oando’s Oil Rigs Over Debts

Unilever Nigeria gained 17.39 percent to close at N18.90 per share, Trans-National Express rose by 10.00 percent to end at 99 kobo per unit, Niger Insurance improved also by 10.00 percent to settle 22 kobo per unit, while Okomu Oil rose by 9.77 percent to end at N54.50 per share.

In the week, the NSE recorded a total turnover of 952.7 million shares worth N12.8 billion in 17,279 deals compared with 1.2 billion shares valued at N13.2 billion traded a week earlier in 18,142 deals.

The financial services industry led the activity chart by volume with 691.0 million shares valued at N6.8 billion traded in 10,718 deals, contributing 72.53 percent and 53.13 percent to the total equity turnover volume and value respectively.
ALSO READ European Stocks Struggle as Oil Extend Losses

It was followed by the conglomerates sector with 101.9 million shares worth N701.3 million in 974 deals and the consumer goods industry with 57.6 million shares worth N2.0 billion in 2,095 deals.

A further breakdown showed that FCMB, Access Bank and Zenith Bank accounted for 334.2 million shares worth N3.1 billion in 3,684 deals, contributing 35.08 percent and 24.39 percent to the total equity turnover volume and value respectively.

https://businesspost.ng/economy/stock-market-loses-n71bn-as-investors-play-safe/

jahsharon:


The respect Buhari has all over the world, no member of your family or generation can ever have such.

MISTAICEY02288:
Buhari is a total disaster.. The Stock market investors keep losing millions and Billions of investments under his useless administration. Well, what should one expect from a Fo0lish man who has never successfully managed a business before? Even common cattle he has in his farm have refused to multiply and they still look Malnourished just like himself...

Check out America and see how the economy has experienced amazing increase ever since Trump became President. And that's because he has been an intelligent and successful businessman even before dreaming of becoming a President...

modsfucker:
This kind of December rush was what sent MMM to its early grave

BigBashiru:


The black man and all their countries are total disasters not just buhari.

modsfucker:


I know... I was just trying to say that this type of December rush is not healthy for the markets, hence the comparison with MMM... I'm into stocks and I know it very well

Ravenbeast1:





If you really into stock market. Can I get to learn from you? I'm interested

spokesboy:
A market mediocre reporter @ dipoolowoo
The correct subject is "Stock Market Capitalisation declined by N71billion....". Your subject is misleading and capable of causing panic. Is it you or your villagers who lost that amount?
To help you understand better, the same week your report is referring to, the market value traded by the Top 10 firms (representing 74% of the total market trades) totalled N19billion for both buy and sell. So pls explain how in the same week we lost "N71bn".
The "market cap" and "ASI index" are both market directional indicators and not a replica of the actual value traded, gained or lost.
This is my second time of correcting you. Next time will be much harder. Beware!!!

Okoyiboz3:
Smart investors are playing safe in December, idiots who put their money in MMM that year were pumping money into ponzi scheme in December.

post=84726344:



Despite the decline, stock prices remain attractive, making room for bargain hunting in value stocks, amidst still-positive macro-economic fundamentals.
Those of us that trade in stocks can relate.
Things will pick up again again.
No time for panic sales.
The Stock Market is all about UPS AND DOWNS. 
The faint hearted people should not go near it.
But, There is limited GENERAL knowledge on the stock market by an average Nigerian citizen.
Something should be done about that.



Royal Exchange, you can count on them for most part.
One of our goons!

God bless Nigeria.

dipoolowoo:
Expert Spokesboy, I hope you know that market capitalisation is the same thing as the total value of all stocks trading on the exchange.

So, if the value went down by N71 billion as captured in the article, does it not also mean the amount was lost by the stock market in the period under review?

dipoolowoo:
Expert Spokesboy, I hope you know that market capitalisation is the same thing as the total value of all stocks trading on the exchange.

So, if the value went down by N71 billion as captured in the article, does it not also mean the amount was lost by the stock market in the period under review?