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Perceived Bubble Nigerian Stock Market: Time For NGX to Recalibrate Daily Price Limit - Vimarsana News

Perceived Bubble Nigerian Stock Market: Time For NGX to Recalibrate Daily Price Limit

By Prof Uche Uwaleke The Nigerian stock market has been exceptionally bullish recently with share prices soaring since the start of 2024. Few believe that this momentum in stock price is correlated with the fundamentals of quoted companies. For instance, in just one trading day on January 9 2024, the benchmark NGX All-Share Index (ASI)