Sun. Nov 24th, 2024
Choosing Stocks to Trade

By Dipo Olowookere

Investing in the stock market is simple but a bit tricky because it involves careful analysis of the securities to buy, keep and then sell if necessary when they must have yielded the expected return on investment (ROI).

Some investors do not have the patience to carry these vital steps and at the end of the day, they conclude that investing in the market is a waste of time or a gamble.

This is one of the reasons the Nigerian Exchange (NGX) Limited is organising a series of seminars for retail investors to drive investor education and equip them with the necessary tools to succeed in the market, especially in a post-pandemic era.

In the heat of the COVID-19 crisis in 2020, the exchange was running and busy as domestic investors, after the exit of their offshore counterparts due to the fears of uncertainty, took control of the market, buying stocks selling at low prices and selling when things normalised.

To further deepen their participation and help with choosing stocks to trade, the NGX is hosting its 4th Retail Investor Workshop this year on Tuesday, November 16, 2021.

The webinar with the theme Creating an Investment Portfolio That Works in a Post-COVID Era is in line with the exchange’s aim to drive the development and promotion of retail participation in the capital market.

To educate existing and potential investors on market opportunities, the event will feature presentations from industry experts from the broker community and the NGX team and interested participants have been urged to register at https://bit.ly/NGX_RICW.

“At NGX, we remain committed to creating awareness around the diverse investment instruments available on our platform and how these can help investors achieve their financial objectives under any condition.

“This is particularly important given the unprecedented changes brought about by the COVID-19 pandemic and how it has changed the way individuals, organisations and economies operate today.

“The Retail Investor Workshop will, therefore, stimulate conversations around ethical investing, maximizing returns on investors’ portfolios and minimizing risks through portfolio diversification,” the Divisional Head of Trading Business at NGX, Mr Jude Chiemeka, stated.

Through platforms such as the Retail Investor Workshop, the exchange continues to respond to the growing need for increased retail participation.

With its plethora of innovative products and services, it continues to build a vibrant capital market, deepen activity, improve liquidity and create long-term value for all stakeholders.

By Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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