NSE Assures Investors Necessary Tools to Meet Investment Goals
By Dipo Olowookere
Investors in the nation’s equity market have been assured all the necessary skills and knowledge required to meet their investment objectives.
This assurance was given by the Nigerian Stock Exchange (NSE) when it hosted a Retail Investors Workshop on Thursday, March 11, 2021 themed Value Investing vs. Growth Investing.
The event was hosted in collaboration with ARM Securities Limited and it was put together in response to the participants’ and the investment public’s growing demand for a better understanding and appreciation of investment products.
“At the exchange, we 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,” the Divisional Head of Trading Business at the NSE, Mr Jude Chiemeka, stated.
He noted that the exchange witnessed a huge participation of investors last year “despite a number of local and global economic challenges.”
“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 cent,” he added.
In addressing the theme, Mr Mustapha Alao, Investment Research Analyst, ARM and Mr Seyi Adeosun, Equities Portfolio Manager, ARM 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.
Business Post reports that at the event, participants were informed that value investing entails buying stocks for dividend, while growth investing involves the purchase of equities for price appreciation.
It was disclosed that investors can also decide to combine the two investment strategies to achieve their investment objectives.