Business
Confidence Returns To NSE
Investors in stock and capital market have fully returned to business as transaction in the Nigerian Stock Exchange Stabilises.
Speaking in an interview with The Tide in Port Harcourt, a top investor, who preferred anonymity said investors have regained their confidence in the market and have succeeded in ploughing back the withdrawn fund into stock.
According to the investor, most companies that were observing the fluctuating stock market are all back to business and are making profits.”
He noted that those that are yet to commence investment are few and may have changed their minds during the economic heat.
In a related development, another investor, Gospel Aniete, reiterated that companies and individuals are breaking even in stock market.
Narrating the benefits of investing in shares, he said investors received dividend on yearly basis and can also sell off their shares, as well as use their certificates to secure bank loans.
He added that share holding is the most quiet way of making money, as the value of shares increases with the rising share prices and bonus issues.
Aniete called on the business minded public to note the importance of investing in shares and also warned against dealing with unregistered stock brokers.