Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,167,005 members, 7,866,812 topics. Date: Friday, 21 June 2024 at 05:58 AM

Nigerian Stock Exchange Loses N112bn - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Nigerian Stock Exchange Loses N112bn (9900 Views)

Nigerian Stock Market Loses N416b In One Week Amid Political Anxiety / Stock Exchange Rally: Dangote Makes $1.1bn In Six Days / Dangote To List Dangote Refinery On The Nigeria Stock Exchange (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Re: Nigerian Stock Exchange Loses N112bn by TheGoodJoe(m): 8:37am On Aug 06, 2016
izzou:


Here we go again

So the comparison between jonathan and buhari has started again?

You win

Jonathan's era recorded more gains

Hope your day has been made?

cool

In a country solely fueled by the Crude Sales, he expects the stock markets to record more gains now than when we were under a windfall due to the record Crude Oil sales.

They want to make it look as if the Market would not record losses if GEJ was still around.

The point has not change. Something he wants to deviate from. Stock Markets rises and falls daily.

If the Markets go up on Monday, it does not mean the economic situation has changed for good.

Dropshot made his point very clearly.

1 Like

Re: Nigerian Stock Exchange Loses N112bn by izzou(m): 8:42am On Aug 06, 2016
TheGoodJoe:


In a country solely fueled by the Crude Sales, he expects the stock markets to record more gain now than when we were under a windfall due to the record Crude Oil sales.

They want to make it look as if the Market would not record losses if GEJ was still around.

The point has not change. Something he wants to deviate from. Stock Markets rise and falls daily.

If the Markets go up on Monday, it does not mean the economic situation has changed for good.

Dropshot made his point very clearly.

Are you minding him?

He is just looking for a partner to argue with

cool

2 Likes

Re: Nigerian Stock Exchange Loses N112bn by Nobody: 8:43am On Aug 06, 2016
izzou:


Here we go again

So the comparison between jonathan and buhari has started again?

You win

Jonathan's era recorded more gains

Hope your day has been made?

cool

Stop being dramatic. Was Jonathan Nigerian president a year ago?
Re: Nigerian Stock Exchange Loses N112bn by izzou(m): 8:47am On Aug 06, 2016
woodcook:


Stop being dramatic. Was Jonathan Nigerian president a year ago?



He was the president as at May 28 2015

My bad



Dats four years ago

No vex

1 Like

Re: Nigerian Stock Exchange Loses N112bn by Nobody: 8:50am On Aug 06, 2016
TheGoodJoe:


In a country solely fueled by the Crude Sales, he expects the stock markets to record more gain now than when we were under a windfall due to the record Crude Oil sales.

They want to make it look as if the Market would not record losses if GEJ was still around.

The point has not change. Something he wants to deviate from. Stock Markets rise and falls daily.

If the Markets go up on Monday, it does not mean the economic situation has changed for good.

Dropshot made his point very clearly.

People like you guys are the reason we are a mess of a country. There were people like you in GEJ administration they did tell him everything wss good even when it was obvious it was not.

Now you guys have infested PMB administration,instead calling him out here you go saying there is no problem when it is obvious there is.

What you failed to understand that if you point out a problem it get fixed and few years down the line the administration will receive praise for job well done while the masses on the other hand will be better off for it.

Blind support does no one no good.
Re: Nigerian Stock Exchange Loses N112bn by Nobody: 8:53am On Aug 06, 2016
izzou:



He was the president as at May 28 2015

My bad



Dats four years ago

No vex


See yourself a year ago was July, August 2015 and based on record GEJ was not the president then. So like I said go check NSE value a year ago and compare to today while at that do not forget to check all the fluctuations and the rates. Kids everywhere!
Re: Nigerian Stock Exchange Loses N112bn by izzou(m): 8:59am On Aug 06, 2016
woodcook:



See yourself a year ago was August 2015 and based on record GEJ was not the president then. So like I said go check NSE value a year ago and compare to today while at that do not forget to check all the fluctuations and the rates. Kids everywhere!

I must have a different calendar

But if an adult like you still dont know that the NSE loses and gains all the time, and an adult like you still isnt aware that crude prices have fallen, which means that if Jonathan was still ruling, even though nigeria may not be as hard as now, the economy would have backslided to some extent, then i prefer being the kid i am, to the adult you are

And enough of the quotes

Like i said earlier, You win. I agree with you

Have a nice day

cool

1 Like

Re: Nigerian Stock Exchange Loses N112bn by DZTech1: 9:07am On Aug 06, 2016
I beg you, stop this arguement
They're not kids, they have an agenda.
If people know the true state of our nation, there'll be mass panic in the streets and chaos will rule the land, so they're doing a good job of information management.
You'll notice that noone's talking about the causes of the gains or losses- even though we all heard the cbn barred some firms from sending dollars into the country, thereby increasing it's value and hitting the value of our shares. Just this last week, crude prices started falling again. We're still waiting to hear of any major economic drive- IN AUGUST O- apart from feeding kids and hiring teachers.
Joining issues with govt supporters has, is and will always be a waste of time.
I advise that you just protect you and yours, because much, much worse is coming.
woodcook:



See yourself a year ago was July, August 2015 and based on record GEJ was not the president then. So like I said go check NSE value a year ago and compare to today while at that do not forget to check all the fluctuations and the rates. Kids everywhere!

1 Like

Re: Nigerian Stock Exchange Loses N112bn by Nobody: 9:12am On Aug 06, 2016
izzou:


I must have a different calendar

But if an adult like you still dont know that the NSE loses and gains all the time, and an adult like you still isnt aware that crude prices have fallen, which means that if Jonathan was still ruling, even though nigeria may not be as hard as now, the economy would have backslided to some extent, then i prefer being the kid i am, to the adult you are

And enough of the quotes

Like i said earlier, You win. I agree with you

Have a nice day

cool

Come back here you are not off the hook yet bro.

Yes stock markets rise and fall all the time but the rate and margin at which NSE rises and falls calls for concern.

Sure oil price is nothing to write home about and given that our economy depends on it, it is "normal" to experience such shocks in our NSE. But what you failed to consider is that a proactive government will do what it takes to keep the changes within an acceptable band.

I am not if you remember exactly how battered the US economy was and what future awaits it when Obama took over? He may not have grown it within a short period but he sure as hell find a way to prevent it from plunging further.

Mind you am not one for miracle but one that believes that there is always a way to slow down the mess while we find a lasting solution.

Am out!
Re: Nigerian Stock Exchange Loses N112bn by TheGoodJoe(m): 9:17am On Aug 06, 2016
woodcook:


People like you guys are the reason we are a mess of a country. There were people like you in GEJ administration they did tell him everything wss good even when it was obvious it was not.

Now you guys have infested PMB administration,instead calling him out here you go saying there is no problem when it is obvious there is.

What you failed to understand that if you point out a problem it get fixed and few years down the line the administration will receive praise for job well done while the masses on the other hand will be better off for it.

Blind support does no one no good.

You want to call President Buhari out for Stock Market fluctuations. So when NYSE falls, Americans should call Obama out.

I always pointed my dislike of GEJ's administration due to gross wastage and blatant looting. Not stock market fluctuations.
Re: Nigerian Stock Exchange Loses N112bn by TheGoodJoe(m): 9:23am On Aug 06, 2016
woodcook:


Come back here you are not off the hook yet bro.

Yes stock markets rise and fall all the time but the rate and margin at which NSE rises and falls calls for concern.

Sure oil price is nothing to write home about and given that our economy depends on it, it is "normal" to experience such shocks in our NSE. But what you failed to consider is that a proactive government will do what it takes to keep the changes within an acceptable band.

I am not if you remember exactly how battered the US economy was and what future awaits it when Obama took over? He may not have grown it within a short period but he sure as hell find a way to prevent it from plunging further.

Mind you am not one for miracle but one that believes that there is always a way to slow down the mess while we find a lasting solution.

Am out!

You know Obama did not change the situation in a short period. Not in a year or two. Yet people will not want to chill with their dooms day news.
Re: Nigerian Stock Exchange Loses N112bn by Nobody: 9:30am On Aug 06, 2016
TheGoodJoe:


You know Obama did not change the situation in a shirt period. Not in a year or two. Yet people will not want to chill with their dooms day news.

You remember this quote 'Bad news sells!' ?
Re: Nigerian Stock Exchange Loses N112bn by Onyejiuwaokoh: 10:21am On Aug 06, 2016
DropShot:
What is this?

Some of you are perpetual bringer of bad news even when it's not necessary. Stock Markets recording gains and loses is a routine occurrence that changes on minutes (if not seconds) basis. A market that closes on losses today may close on gains tomorrow.

[size=15pt]On May 13, NSE gained N81bn. Where were you?[/size]
http://punchng.com/stock-market-gains-n81bn-37-firms-appreciate/

[size=15pt]On June 20, the NS market gained N760bn in just three days.[/size] Where were you to report it here then?
http://venturesafrica.com/nigerian-stock-market-gained-n760bn-in-three-days-from-new-fx-market-regime-here-is-how/

[size=15pt]Where were you when investors were reported to have gained N81.63bn on June 30?[/size]
http://www.vanguardngr.com/2016/06/stock-market-rebounds-investors-gain-n81-63-bn/

[size=15pt]Where were you when the Nigerian Stock Market was reported to have gained 3.3% in the first six months of the year (July 1st report)?[/size]
http://www.thisdaylive.com/index.php/2016/07/01/nigerian-stock-market-gains-3-3-in-first-six-months/

[size=15pt]On July 18, Nigeria Stock Market gained 0.36%. Where were you then?[/size]
http://www.cnbcafrica.com/video/?bctid=5039804205001

[size=15pt]As recent as August 5th, the stock market gained 21.8bn. Where were you o bringer of bad news?[/size]
http://sunnewsonline.com/investors-gain-n21-8bn-as-fbn-holdings-drive-activity-at-nse/

There have been many other reports in recent weeks of NSE recording gains almost on daily basis but those of you who almost always look for negative news to report pounce on a single negative one after several positive news.

It pains sharing same nationality with unpatriotic souls!
out of over 100 days, u could record just less than ten days gains. The economy is in disaster bro.
Re: Nigerian Stock Exchange Loses N112bn by DropShot: 10:27am On Aug 06, 2016
Onyejiuwaokoh:
out of over 100 days, u could record just less than ten days gains. The economy is in disaster bro.
Performance of NSE is not reported on daily basis by our mainstream media. In those over hundred days, why is it that it was only this one negative news that could be reported too?

1 Like

Re: Nigerian Stock Exchange Loses N112bn by Onyejiuwaokoh: 10:36am On Aug 06, 2016
DropShot:

Performance of NSE is not reported on daily basis by our mainstream media. In those over hundred days, why is it that it was only this one negative news that could be reported too?
there were so many losses in those days but yesterday's gigantic loss that is more than some states budgets is too much to be concealed. There is danger bro.
Re: Nigerian Stock Exchange Loses N112bn by Akinola660: 11:37am On Aug 06, 2016
Re: Nigerian Stock Exchange Loses N112bn by princeakins(m): 12:03pm On Aug 06, 2016
moyakz:

dauraland of course.just chilax,and fasten ur seat-belt.

OK boss.. done grin
Re: Nigerian Stock Exchange Loses N112bn by moyakz(m): 1:21pm On Aug 06, 2016
princeakins:

OK boss.. done grin
alright!let's just wait for our zombies to join us.

(1) (2) (3) (Reply)

A-must-read Book For All Businessmen.....know When Sector Is Going Comatose / Diamond Bank Spends N5 Billion On Promo / Let Me Show You How To Make 1btc In 2weeks Free

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 50
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.