Fidelity bank banner Bayelsa State banner
NSE advises investors on how to survive stock market downturn

By News Express on 30/11/2015

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 4,375


Mr Oscar Onyema, the Chief Executive Officer, the Nigerian Stock Exchange (NSE), on Sunday advised investors to diversify their portfolios across different asset classes to mitigate risks.

Onyema gave the advice at a two-day workshop organised by the Capital Market Correspondents Association of Nigeria (CAMCAN) in Lagos.

He said that developments in the market made it imperative for investors to dig deeper and understand the dynamics of the market to mitigate risks.

Speaking on the workshop theme, ‘Effective Reporting of Changes in the Nigerian Capital Market,’ he said that retail investors needed to be educated on the reasons they should take portfolio approach to investment.

“It is important to do the analysis, understand where those opportunities are, but certainly there are opportunities, not only in the equity side, but across the various asset classes.”

The SEC chief executive officer said that the Nigerian capital market and the business of the stock exchange would always be impacted by dynamic economic trends and investor demands.

“Achieving success through growth that creates value will increase the bourse's ability to operate efficiently and profitably in the transient advantage economy that has unfolded in Nigeria and around the world.”

He said that the market, in the short-term, would experience huge volatility, but should not distract investors from investing because of fundamental elements inherent in listed companies with a well regulated market structure.

Onyema said that a lot of energy had been spent building the foundational aspect of the market in terms of transparency, orderliness, fairness, disclosure and enforcement of rules and regulations.

“While there has been no respite in the macro economy and operating environment due to lingering oil price and foreign exchange pressures.

“Our long-term outlook for the exchange remains positive as listed companies continue to show resilience and our members have been repositioned to deliver superior value to investors.

“It is important to note that we are not the only exchange affected by these global developments of all the 24 exchanges in Africa, 20 are experiencing a downturn.”

He said that “opportunities still exist for investors in stocks, in spite of the current downturn in the capital market.”

“As we continue to work towards achieving and sustaining this market, the importance of financial journalists cannot be over emphasised.

“Financial journalists have the potential to influence investors’ behaviour. Negative reporting may result in sensationalism and put additional pressures that can force investors’ decisions negatively.”

Earlier, Mr Goddy Egene, the CAMCAN President, commended the regulators for attending the workshop.

He said that many changes had taken place in the market in the last few years and there was need for cooperation of stakeholders for the progress of the market. (NAN)

•Photo shows NSE CEO, Oscar Onyema.

Source News Express

Posted 30/11/2015 05:28:55 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25 minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
SEC to organise round-table on non-interest banking

Buhari, Jega, Sanusi, Utomi to lead discussions at...

Deposit N1bn if you want me in court,...

West Africa to phase-out inefficient incandescent lamps

No going back on tanker drivers’ strike, says...

55 of independence: Nigeria undergoing rebirth —Peterside

Oyo poets beam searchlight on xenophobia

UBA promotes 3,000 Staff

CLO calls for local government elections in Anambra,...

Troops arrest herdsmen while setting village ablaze in...

Nigerian Military accuses politicians of campaign of calumny...

Between Pius Adesanmi and David Mark

 

Latest News Imo State Deputy Governor and the impeachment stories, By Kenneth Uwadi In Ekiti, stomach infrastructure has changed hands, By 'Fisayo Soyombo Hoodlums attack Police Commissioner Imo APC Stakeholders Forum exposes Okorocha Court remands alleged killer of ex-Deputy Governor’s daughter Police arrests cleric for raping student as spiritual cleansing Kaduna residents protest alleged land grabbing by Air Force Dasuki set to regain freedom; Judge signs bail application Couple murdered in their sleep in Anambra Executive Order 6 most potent weapon against corruption, says FG Third Mainland Bridge will be closed for 3 days, not 27 months, says Fashola Killing of Policemen: N5m bounty for information about attackers

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (361,288 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (357,984 views) Shameless Genevieve Nnaji exposes breasts in public (286,295 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (234,942 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (214,118 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (212,323 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (186,122 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (168,087 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (156,114 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (152,415 views) Lagos plane crash: Journalist releases victims’ names (147,333 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (138,625 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (52) Business & Economy (3,342) Business Verdict (45) Columnists (886) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (516) Features (614) Global Business Monitor (284) International (2,130) Interview (157) Live Commentary (28) Love Matters (127) News (37,171) Opinion (1,023) Pidgin (10) Politics (5,576) Religion (783) Sports (1,610) Stock Watch (33) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

FRANCE vs CROATIA 4-2 Highlights & Goals 2018

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement