Stakeholders List Strategies to Sustain Growth as Market Sheds N425bn

By Goddy Egene
The stock market extended its losses for the third day as investors took more profit. As a result the Nigerian Stock Exchange (NSE) All-Share Index (ASI) fell by 1.1 per cent to close at 40,696.01 while market capitalisation shed N425.9 billion t o be at N21.3 trillion.
However, stockbrokers and some other stakeholders have listed the stimulation of private sector activities, creation of an intervention fund for securities dealing firms and consistency in government policies as strategies to grow the market.
They spoke at the 2021 annual economic review of the Chartered Institute of Stockbrokers (CIS) with the theme: “The Nigerian Economic Review for 2020 and Outlook for 2021 with Recommendations.”

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