Govt’s Measures Instill Confidence In Stock Market

THE illiquidity in the economy notwithstanding, the coming on board of President Goodluck Jonathan’s cabinet has geared up speculative buying of the shares of blue chip firms at the stock market by discerning investors, who want to take advantage of the current low prices of shares whose value had been eroded by the long-drawn bearish trend in the market since the beginning of the second quarter. The rush for the cheap shares attracted the bears, last week, causing the All-share Index to appreciate ...
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Added July 23, 2011
from Guardian News