Nigeria Stock Exchange Weekly Securities Lending and Borrowing Report for April 17, 2020.

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Admin

Administrator
Staff member
Apr 5, 2020
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You are allowed to borrow these stocks. Do you know how to borrow stocks?
 

Ugochukwu Okafor

New Member
Apr 15, 2020
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Technically, that's what it means. You can borrow stock, sell it and buy it back at a later date and pocket the difference. Assuming the price drops.
Dangote cement is a perfect candidate for this.
 

Admin

Administrator
Staff member
Apr 5, 2020
1,137
166
63
Technically, that's what it means. You can borrow stock, sell it and buy it back at a later date and pocket the difference. Assuming the price drops.
Dangote cement is a perfect candidate for this.

Seems like you are very knowledgeable about this, thanks for sharing your knowledge. I have only tried to short-sell stocks on the United States Stock market, not on the Nigerian stock exchange, but I will try it with a some change and see how the goes. I like to test drive investments.