₦airaland Forum

Godisfaithful:
All this too shall pass. Don't let the temporary challenges of life take away your biggest goal or idea. Your are not far from getting to your destination. Remember, there's always a rainbow after the rain. Invest in your biggest idea and this will pave way for you as you travel through the journey of life. Have a blessed weekend!

Yem0350:
The Nigerian Stock Exchange has announced the Index Circuit Breakers Rule will be effective from today, Friday 15th of January.
 
Rule 15.46: Trading Halts Due to Extraordinary Market Volatility (Index Circuit Breakers)
 
(a)   The Exchange shall halt trading in all stocks and shall not reopen for the time period specified in this Rule if there is a Significant Market move in either direction.
 
(b)   For purposes of this Rule, a Significant Market move means a five per-cent (5%) move in price of the All Share Index between 10:15am and 13:45pm on a trading day as compared to the closing price of the All Share Index for the immediately preceding trading day.
 
(c)   Halts in Trading: if a Significant Market move occurs after 10.15am and any time up to and including 13.45pm The Exchange shall halt trading in all stocks for thirty (30) minutes. The Exchange shall not halt trading if a Significant Market move occurs after 13.45pm.The Exchange shall halt and reopen trading based on a Significant Market move only once per trading day.
 
(d)   If, following the reopening of trading after a Significant Market move halt, the All Share Index moves further by a minimum of five per-cent (5%) below its closing value on the immediately preceding trading day, during any trading day The Exchange will halt all trading for the remainder of the day. The last traded price in any security prior to the closing of the market shall be deemed the closing price in such security for the day.
 
(e)   Re-opening of Trading: the re-opening of trading following a trading halt shall follow the procedures as may be set forth by The Exchange.
 
(f)     Nothing in this Rule shall be construed to limit the ability of The Exchange to otherwise halt, suspend, or pause the trading in any stock or stocks traded on The Exchange pursuant to any other Exchange rule or policy.

ihedioramma:
Why?

Born2berich:
FO is one of the only few stocks that isnt affected by the bears? How manage?

Manonamission:
I'm sorry to say this. Morgan is a fraudulent company. How can you edit account statements of your clients without communicating to them. I was debited Jan,2015. Now I can't find that in the statements. It has been removed. They probably thought we don't keep personal records of our own. Imagine deducting even 2500 naira from all clients without their knowledge. The so called reversal didn't reflect in my statement either. I am highly disappointed. One has to be very vigilant with this broker.

Godisfaithful:
Sir, take a look at UBA at this present situation. Dividend and capital appreciation will go along way

ufotty2001:
bought @ 1.33 now 0.24

ufotty2001:
bought @ 1.33 now 0.24

ufotty2001:
where all this our experts... someone is about to die here ooooohhh! my friend just call me that I should advice him! he bought fcmb.. now fcmb in his account loss -0.09.. should he sell or leave it.............. he is also afraid of devaluation and reconstructions?
cc: Godisfaithful, locodemy, mercylicious, born2berich, coolcash1, chibuking81, youngzedd, deruggedprof, ihedioramma, dragonking, intendy, peterichy, chibuking81,

ufotty2001:
where all this our experts... someone is about to die here ooooohhh! my friend just call me that I should advice him! he bought fcmb.. now fcmb in his account loss -0.09.. should he sell or leave it.............. he is also afraid of devaluation and reconstructions?
cc: Godisfaithful, locodemy, mercylicious, born2berich, coolcash1, chibuking81, youngzedd, deruggedprof, ihedioramma, dragonking, intendy, peterichy, chibuking81,

ogoo4real:
Some pple re busy laying arm bush but as 4rm 2morrow the market will turn bullish, the bearish period is over. Mark my words....

locodemy:
Sometimes students who paid very much attention to their teachers when they teach end up becoming greater than their teachers........bros na you get this talk........if you sleep this night pls reason this post which i addressed to you.

If you have been observing this market you will find out that whenever the oil price falls to a particular junction like $80...,$70....$60.......as it is @ $30 per barrel now,it stays at that junction for a while before taking another step either upward or downwards.

secondly,Q1 is a period companies pay dividends to shareholders in all stock exchanges in the world and now the oil is @$30,This should tell that the markets works on timing.

Thirdly,check todays crude oil price,it gained 3% ,so dont expect more falls at this period of dividend payment.it may continue its downward journey after Q1 is over.just go and mark my words today.

lastly,opec has called an emergency meeting towards the fall of oil price at $30.this will help to stablize the price at the moment.

stocks like gtb,zenith,nbreweries are the major targets for hunters...........just digest my little grammar and shine your eyes if you are really talking of money making here.

newdada:
I was able to exit all my positions from the market yesterday. I lost a little money but I feel a bit relieved.

Mfunkynation:
can someone trade by itself... does it has a trading platform

ihedioramma:
have you work in mercy farm or company befor ? Or myjoy food IND?.

ihedioramma:
what is the name of your broker and what state are you? .

Mfunkynation:
my boss, hmmmmm. am tired oooo.... which is yur broker