NSE will be most Volatile in 2008
Crisis
It is now evident that if the current political crisis is not resolved as soon as possible the NSE that is often the barometer of economic growth is in for the most volatile period with suppressed activity despite entry of foreign investors into the market.
Facts
Since the year began, the NSE has shed Sh44 billion in market capitalization from a high of Sh851 billion at the beginning of the year to Sh810 billion as at the close of trading yesterday - a five per cent drop.
During the same period, equity turnover has declined by almost 30 per cent from daily trades worth Sh505 million on December 24 last year to Sh347 million at the close of trading yesterday.
Economic Slowdown
Economists had predicted a slow down in the economy pointing to a dip in tourism revenues, disruption of agricultural production and lower business turnovers in the wake of recent political turmoil.
Investor Confidence
Pundits have been quite to point out that a speedy resolution of the current stalemate and rejuvenated investor confidence is key to a speedy economic recovery and renewed momentum in the equity market.
Post Election Violence
The outbreak of post-election violence has eroded investor confidence in the market leading to some of the most aggressive sale of shares at the bourse with retail investors as the most active.
January/February Trades
The market was throughout January characterised by thin trades with retail investors - rushing to liquidate their positions in the short term - as the main sources of supply.
Institutional Investors
Battered investor confidence has seen institutional investors concede that any resumption of normalcy at the stock market depends on a speedy settlement of the political crisis.
14 comments:
SAFARICOM IPO AND FEFUND PROBLEMS
Safaricom IPO should provide an option for payment AFTER allocation if someone provides a bank guarantee.
This will cut down refund processing costs and minimize potential impact on the Financial market (e.g. liquidity crunch in banking sector and wild currency swings).
Central Bank of Kenya should be at the forefront lobbying for this important issue!
Additionaly, Retail investors should not all be lumped together. What about the High Net worth Investors? People like Chris Kirubi should be given incentive to participate (i.e. without worrying that funds will be held idle if there is a massive oversubscription of the IPO).
ShareInfoline.com is the leading website in India providing recommendations on Indian Shares, Stocks & Commodities.
It Provides all its calls by way of SMS and gives more than 80% accurcay in results.
We provide recommendations
on all NSE BSE Shares with Short Term view based on Technical Analysis.
The Website also provides information on Local & International News,Celebrity & Celeb News, Glamour World
& Entertainment, Gossip Cafe, Believe it Or Not & Much more.....
You can also check the Past Performance in our website www.shareinfoline.com
shareinfoline.com is a group of professionals who on a continuous basis do market research and critically examine each and every market information.
After thorough research and examination, our research teams share their views, Our Chartists with best of their skills make analysis and give us fruitful information.
This blog is very informative, keep on with the good job, kenya ...
Dear Visitor,
Market is showing some good move. Nifty traders are now confused if they should go short in Nifty from current level of 5400 or should go further long. NSE and BSE are the two major stock exchanges of Indian stock market.
Keeping in mind that many investors and traders are very much confused with the current market move, we have stared posting Free technical research reports
. These reports are highly accurate and are available for free.
Regards
BUZZINGSTREET
Stock market investment if done with proper research and updated knowledge than it can give very lucrative results. There are four basic golden rules of stock market which are to be followed
(thebuzzingstreet1@gmail.com)http://www.buzzingstreet.com
If you are trading in NSE, BSE, MCX and in NCDEX then let sharegyan give you all stock trading gyan
If you are trading in NSE, BSE, MCX and in NCDEX then let sharegyan give you all stock trading gyan
If you are trading in NSE, BSE, MCX and in NCDEX then let sharegyan give you all stock trading gyan
If you are trading in NSE, BSE, MCX and in NCDEX then let sharegyan give you all stock trading gyan
If you are trading in NSE, BSE, MCX and in NCDEX then let sharegyan give you all stock trading gyan
If you are trading in NSE, BSE, MCX and in NCDEX then let sharegyan give you all stock trading gyan
If you are trading in NSE, BSE, MCX and in NCDEX then let sharegyan give you all stock trading gyan
Vow, you have indeed given lot of interesting information that will benefit internet users visiting your blog
Post a Comment