Investors’ appetite in the Nigerian stock market
remains watered by a colossal loss in excess of N2.6trillion traced over
a 52-week period to June 30 2015.
BusinessDay checks at the Nigerian Stock Exchange (NSE)
“fact sheet” over that period shows more of negatives across major
traceable gauges like average daily transactions (volume and value of
stocks traded), and value of listed equities and bonds.
Though the trend has shown that the Lagos bourse is well
below the water this year in excess of minus 12 percent in return,
investors are still hunting for bargain in value stocks driven by
attractive valuation and a relatively clearer economic path for the
nation.
