Business Nigerian Stock market: Investors lose N3.23trn in 2014

L

LequteMan

Guest
Investors reaped more from their investment in the global capital market, even though it recorded mixed performance than the Nigerian capital market in the year, 2014. The investors in the Nigerian capital market lost N3.23 trillion or 24.4 percent towards the end December, 19, 2014.

Specifically, the equity market of the Nigerian Stock Exchange, NSE closed last week Friday 19, December, 2014 at N10.0 trillion from N13.23 trillion it opened at the beginning of trading on 2nd January, 2014.

In similar vein, the All Share Index dropped by 26.6 per cent towards the end of December, 2014 from 41.329.14 points it opened during the beginning of trading in January 2014 to close on Friday December 19, 2014 at 30,308.51 points. The index measures the performance of the stock market and also reflects how prices of stocks have moved, which in turn determine the rate of returns made by investors.


click here to read more

Source: #Vanguard
 

Attachments

  • stocks.jpg
    stocks.jpg
    45.3 KB · Views: 8
Back
Top