How is COVID-19 affecting stock prices and the stock market?

  • Weekly Giveaway for our active users. N50,000 per Week. Do you want to contribute to this community? We are looking for contribution? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing Nigerian forum!

Melvin

Active Member
Apr 24, 2020
548
94
28
cwry.se
WEBSITE
https://cwry.se/@melvinyoungharry
YAHOO
Obelem53@yahoo.com
The major factors affecting the prices of stocks and basicly every tradeble commodity is the demand and supply where the higher the demand for stocks which are in limited supply the higher the price of those stocks and vice versa,that basicly the easiest concept to understand.we are witnessing the gradual take down of world economies by the coronavirus pandemics so i'd like to ask, how do you think COVID-19 is affecting stock prices and performance of the stock markets?...cause investors are really sceptic on what stocks would give highest returns this period, so i'd also like to know your point of view on company stocks that you think would give the highest returns in a long term perspective?
 

Admin

Administrator
Staff member
Apr 5, 2020
1,139
166
63
A lot of businesses are in need of loans especially those that are very mismanaged. The Nigerian stock market is seeing more cash-raising than ever before and this is a sign of distress.