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Posted by Obi on June 26, 2008 at 15:09:38:

t a time when there's galloping inflation. i'm surprised why prices in the Nigeria stock market are going down on a daily basis. Has it reached its peak? Was it somewhat related to cosmetic reporting or cosmetic accounting? The brokers are relating this event to the effect of CBN's directive to commercial banks against financing margin trading by brokerage firms

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Comments:
Re: NSE: Why are prices going down

Posted by Rayban on July 11, 2008 at 09:10:02:
In Reply to: NSE: Why are prices going down posted by Obi on June 26, 2008 at 15:09:38:
People just dey fear say their money fit fizzle out

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Re: NSE: Why are prices going down

Posted by Nnamdi Okoli on July 11, 2008 at 09:11:00:
In Reply to: NSE: Why are prices going down posted by Obi on June 26, 2008 at 15:09:38:
Soludo has recently asssured that the stock market will remain stable and investors need not worry

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Re: NSE: Why are prices going down

Posted by Beyonce on July 11, 2008 at 09:12:41:
In Reply to: NSE: Why are prices going down posted by Obi on June 26, 2008 at 15:09:38:
I don't trust all those brokers and govt pikin who are saying no shaky. It's good to diversify your investments and out your money where you can get more reliabe returns

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Re: NSE: Why are prices going down

Posted by Nnamdi Okoli on July 11, 2008 at 09:14:39:
In Reply to: NSE: Why are prices going down posted by Obi on June 26, 2008 at 15:09:38:
It would be better to move away from the stock market for now and put your money elsewhere if you're thinking short term, but with the increasing number of investors who are selling their shares because of fear, prices would continue going down because of people's disinterest in them

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Re: NSE: Why are prices going down

Posted by Willie on July 11, 2008 at 09:15:18:
In Reply to: NSE: Why are prices going down posted by Obi on June 26, 2008 at 15:09:38:
What other better investment can one put his money in apart from the Nigerian stock market?

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