3 reasons why the Nigerian stock market is red in June

The Nigerian Exchange has changed the rules governing how stock prices move, and the impact could be significant for retail and institutional investors. Under the new pricing methodology, stocks trading above N1,000 will require at least 10,000 shares to change price, those between N500 and N1,000 will require 50,000 shares, while stocks below N500 will need trades of at least 100,000 shares. In this episode of Follow the Money, Ugo Dre explains why your stock may trade without its official market price moving, how the rules could affect liquidity and price discovery, and whether the changes will reduce manipulation or make share prices less reflective of actual trading activity. Watch to understand what the new NGX rules mean for your portfolio and how investors should respond. Subscribe to Nairametrics TV for more stock-market analysis, investment insights and financial explainers.