Connect with us

Business

Relevant data to improve Absa stock market participation

Published

on

 


Absa Nigeria, a pan-African bank with a strong footprint on the African continent, advised stock market investors and stakeholders to prioritize market data in order to succeed in the capital market.

A statement said Absas’ advice followed the growing trend of data reliance in capital market participation and decision-making.

The statement read: “Globally, market data is increasingly relied upon as a tool to make sound financial decisions, and the Nigerian case is no different.

Research by Refinitiv in 2020 shows that 57% of capital markets professionals expect to spend more time analyzing data, and 74% believe that analyzing data is the most important skill that will be needed to working on the future trading desk.

Absa Securities CEO Akinkunmi Majaro said, “Market data is a valuable resource for portfolio investors during a difficult cycle. Therefore, financial market data is designed to provide market participants with in-depth knowledge of market conditions.

Given the various challenges facing the global economy, these investors need accurate data to make informed investment decisions to avoid adverse market movements.

According to the statement, the importance of data for better participation in NGX was highlighted by NGX Managing Director Temi Popoola at an earlier workshop where he said NGX would continue to promote a high level of market transparency by allowing easy access to real-time quality market data to all market participants, including regulators.

He said he emphasized that market data such as trade prices, bids/offers and other trading information becomes the foundation for price discovery and investment strategies.

In line with Absas’ commitment to improving capital market performance, the bank said it has created an interactive online platform where updates on price movements, different portfolio options investment, global stock market data as well as exchange traded funds were shared to help investors make informed trading and investment decisions and manage their financial future.

Copyright PUNCH.

All rights reserved. This material and any other digital content on this website may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without the prior express written permission of PUNCH.

Contact: [email protected]

Sources

1/ https://Google.com/

2/ https://punchng.com/data-relevant-to-improving-stock-market-participation-absa/

The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

ExBUlletin

to request, modification Contact us at Here or [email protected]