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Nigeria: NSE, Arm Securities Partner On Retail Investors’ Participation

The Nigerian Stock Exchange (NSE) in collaboration with ARM Securities Limited yesterday held a retail investors workshop in line with its objective to enhance retail investors’ participation in the Nigerian capital market. The event was themed: Value Investing vs. Growth Investing.

Speaking at the event, the Divisional Head, Trading Business, NSE, Mr. Jude Chiemeka, said: “Despite the year 2020 presenting a number of local and global economic challenge, the Nigerian stock market witnessed what was arguably one of its best years in recent history. The market recorded a number of significant milestones and achievements during the course of the year, one of which was the NSE All Share Index emerging the best performing index in the world out of 93 global indices tracked by Bloomberg, posting a one-year return of +50.03 per ent. It is therefore no wonder that the stock market has continued to attract numerous investors.”

According to him, at the NSE they will continue to make it a priority to not only provide all investors with an accessible, transparent market where they can achieve their investment objectives, but also to equip investors with the necessary skill and knowledge required to enable them achieve those objectives..

In addressing the theme around Value Investing vs. Growth Investing, Investment Research Analyst, ARM, Mr. Mustapha Alao, and Equities Portfolio Manager, ARM, Mr. Seyi Adeosun, provided participants with insights on the opportunities both strategies provide. The importance of determining an investor’s investment objective, risk appetite and knowledge of the stock market were emphasised as critical factors in making investment decisions.

Participants were allowed to further engage with the speakers through a dedicated interactive session moderated by the Head, X-Academy, NSE, Ms. Ugochi Obi.

In his address, Managing Director, ARM, Mr. Gbenga Magbagbeola, provided information on how participants can take advantage of capital market opportunities.

In response to the participants’ and the investment public’s growing demand for a better understanding and appreciation of investment products, the exchange continues to provide touchpoints to communicate including webinars such as this.

Meanwhile, the Nigerian equities market reversed the positive performance from the previous session as the NSE All-Share Index (ASI) declined by 0.60 per cent to close at 38,697.17 following depreciation in the shares of Dangote Cement Plc, Zenith Bank Plc and Nigerian Breweries Plc. Market capitalisation shed N122.5 billion to close at N20.2 trillion. Trading activity fell as volume and value declined by 47.6 per cent and 53.8 per cent respectively to 169.4 million shares and N2.1 billion.