Shell Nigeria Yudala
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

Views: 2,499


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 29/11/2015 10:28:55 PM

 

Share on facebook Yahoo mail icon Gmail icon


 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

 

You may also like...
NDLEA declares drug baron wanted, nabs in-law in...

Children’s Day: It’s time to take action to...

NOSDRA harps on integration of oil communities to...

Harvard University evacuates buildings after bomb threat

Recession: The worst is over, says CBN Governor...

Breaking News: POLICE DECLARE Rivers House Majority Leader...

Breaking News: Muazu takes oath as PDP’s new...

EFCC nabs ‘investor’ for alleged $154,146 scam •Places...

Is Austine Allegeh guilty as charged?

How guber aspirant received N160m from ONSA —...

Kabiru Sokoto: Limits of demagoguery

Niger Delta People’s Congress berates DSS for commando-style...

 

Latest News Magu, Hameed Ali: Senate draws first blood; refuses to confirm RECs nominated by Buhari Buhari backs out of Sambisa trip Boko Haram kidnaps 10 in Borno community Teenage Boko Haram member forced to kill 13 people Famine, drought, war threaten millions of children in northeast Nigeria, Somalia, South Sudan and Yemen: UNICEF Ogun mobilises contractors back to site 2017 Budget Report: Dogara gives committees deadline Food Poisoning: Cross River Govt. vows to prosecute culprits Drama, as Dino Melaye wears academic gown to Senate plenary Ali versus Senate: The way forward, By Bernard Balogun Oyo Govt. sets up Agency for Planning, Development Control Borno declares Dec. 22 public holiday to mark recapture of Sambisa forest from terrorists

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (235,251 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (213,719 views) Shameless Genevieve Nnaji exposes breasts in public (177,670 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (162,077 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (151,089 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (133,455 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (116,716 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (115,715 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (103,307 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (100,385 views) Lagos plane crash: Journalist releases victims’ names (98,827 views) APC cries foul as PDP’s Fayose takes early lead in Ekiti governorship election (93,479 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (27) Business (2,498) Business Verdict (14) Columnists (656) Complaints & Requests (82) Enterprise & Opportunities (143) Entertainment (293) Features (411) Global Business Monitor (144) International (1,314) Interviews (116) Live Commentary (28) Love Matters (49) News (22,785) Opinion (666) Pidgin (8) Politics (3,628) Religion (493) Sports (1,246) Stock Watch (15) AMA & Al Jazeera Global Update

 

 

JAMB Sale of 2016/2017 UTME/DE applications

 

CBN Advert

 

Mohammed Anas thanks 'wife and girlfriend' (full interview)

 

APO Newsbreak logo

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement



 

 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!