• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, August 26, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Domestic Investors Shun Risks, Invest In Stocks Ahead Of Election

by Olushola Bello
3 years ago
in Business
Stocks
Share on WhatsAppShare on FacebookShare on XTelegram

RELATED

JUST-IN: NAICOM Revokes Operational Licenses Of Niger Insurance, Standard Alliance

Delayed Guidelines Drag Insurance Recapitalisation Process

16 hours ago
Large-cap Stock Drives Local Bourse To N180bn Gains

Shareholders Get N117.86bn Half-year Dividends From 12 Listed Firms

16 hours ago

Few days to the highly anticipated general elections, domestic investors in the Nigerian capital market are scooping up positions in stocks, shunning potential risks from the impact of voter’s choices.
Nigerian Exchange Limited (NGX) All-Share Index (ASI) is up by 5.80 per cent as at February 20, 2023, maintaining a bullish run from September 2022.
Data from NGX revealed that this has been a result of the outsized participation from domestic investors, who currently occupy 84 per cent of total transactions conducted on the Exchange.
Foreign participation in the local bourse has so far moderated in recent years due to issues around forex liquidity and monetary policy, placing their turnover at 16 per cent according to the December 2022 edition of the Domestic and Foreign Portfolio Investment Report of the Exchange.
Analysts linked this to unimpressive yield in fixed income securities, thereby, pushing investors to buy up fundamentally strong stocks with attractive dividend yields.
Historically, the market has typically experienced volatility during election season with some notable years, particularly, the 1999 election – which saw change from military rule – and 2015 election – which saw the first incumbent defeat at the polls – experiencing declines pre-election.
Analysts stated that, “the positive domestic investor sentiment has been driven mostly by strong earnings releases and dividend payouts announced by companies in the wake of earnings season. However, some have advised cautious trading as the 2023 elections approach but maintained their positive outlook on dividend yields and capital appreciation in bellwether stocks.”
An analyst with Parthian Securities, Azeezat Awonuga, said, investors are poised to hunt for gains in the stock market as the fixed income yields have moderated in recent times.
“As we anticipate earnings from the banking sector which comprises about 60 per cent of the volume in the market and also form the bulk of the fundamentals, positive earnings will push investors to plough more funds into the market,” she stated.
Investment research analyst from Investment One Capital Management Limited, Akosile Oluwasanmi, noted that, uncertainties around the elections and the cash crunch in the economy could dampen investor sentiment into taking profits but positive corporate earnings could also see investors increasing their positions.

Advertisement

Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


SendShare10171Tweet6357Share
ADVERTISEMENT
Previous Post

Federal Govt Flags Off Construction Of N6.8bn Transmission Substation In Akwa Ibom

Next Post

Afreximbank’s FEDA Concludes Acquisition Of 5% Stake In Geregu Power

Olushola Bello

Olushola Bello

You May Like

JUST-IN: NAICOM Revokes Operational Licenses Of Niger Insurance, Standard Alliance
Business

Delayed Guidelines Drag Insurance Recapitalisation Process

2025/08/25
Large-cap Stock Drives Local Bourse To N180bn Gains
Business

Shareholders Get N117.86bn Half-year Dividends From 12 Listed Firms

2025/08/25
UBA Bank plc
Business

UBA Customers To Win N150m In Super Savers Promo

2025/08/25
Bureau Rate NIMASA High On Public Service Reforms
Business

NIMASA, Engineers Strengthen Collaboration For Blue Economy Growth

2025/08/25
Ojulari’s First 100 Days at NNPC Ltd: A Bold Start Anchored On Reform, Transparency, And Clean Energy
Business

After 3 Misses, NNPC Sets Nov For AKK Gas Pipeline Completion

2025/08/25
Job Losses: 483,464 Persons Withdraw N247.47bn From Pension Savings
Business

Board Inauguration Beyond Our Control, PenCom Responds To NLC

2025/08/25
Leadership Conference advertisement

LATEST

Oil Theft Nearly 100% Eliminated, Says NNPCL GCEO

FG Signs BASA Agreement For Direct Flights To Brazil

16-yr-old Ngumoha Rescues Liverpool From 10-man Newcastle Assault

Taskforce Arrests 10 Suspected Illegal Miners In Cross River

6 Die, Others Injured ln Delta Car Crash

Veteran Juju Music Star Ahuja Bello Dies

3 Farmers Die, 17 Rescued As Boat Capsizes In Borno

ASUU Warns Federal Gov’t Over Unresolved Demands

ACF: PDP, Other Parties’ Zoning Not Covered By Constitution

Wike Vindicated Over PDP Zoning Of Presidency To South, Party Chair To North — Aide

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.