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  #9841 (permalink)  
Old 6th July 2009, 11:45 AM
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Default Re: MarketWatch

Please why market remain closed up till now?
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  #9842 (permalink)  
Old 6th July 2009, 12:35 PM
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Default Re: Is Market Open?

Quote:
Originally Posted by zainabusman View Post
For some unknown reason the NSE website indicates market has not opened for the day. Has it? Or are they having a meeting?
Just learnt that a mechanic is fixing some loose nuts on their computer system
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  #9843 (permalink)  
Old 6th July 2009, 12:48 PM
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Default Re: Is Market Open?

Quote:
Originally Posted by Dragon123 View Post
Just learnt that a mechanic is fixing some loose nuts on their computer system
Is it the old punch card type of computer they are still using, that's why they need a mechanic.
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  #9844 (permalink)  
Old 6th July 2009, 01:10 PM
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Default Re: Is Market Open?

Quote:
Originally Posted by Babs_O View Post
Is it the old punch card type of computer they are still using, that's why they need a mechanic.
I do not think so. They are using the machine code type invented by Charles Babbage that uses cartode ray tubes.
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  #9845 (permalink)  
Old 6th July 2009, 02:43 PM
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Default Re: Is Market Open?

Quote:
Originally Posted by migiets View Post
I do not think so. They are using the machine code type invented by Charles Babbage that uses cartode ray tubes.
Yeah, I guess its called ENIAC, Electro Numeric Integrator and Calculator
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  #9846 (permalink)  
Old 6th July 2009, 03:18 PM
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Default Re: Is Market Open?

Quote:
Originally Posted by Dragon123 View Post
Just learnt that a mechanic is fixing some loose nuts on their computer system
As things stand, there might be no trading today. Thank GOD this did not happen when the market was collapsing. It might have precipitated further collapse.
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  #9847 (permalink)  
Old 6th July 2009, 03:44 PM
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Default Re: MarketWatch

Perhaps they are using the abacus now.
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  #9848 (permalink)  
Old 6th July 2009, 04:03 PM
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Default Re: Is Market Open?

Quote:
Originally Posted by zainabusman View Post
As things stand, there might be no trading today. Thank GOD this did not happen when the market was collapsing. It might have precipitated further collapse.
Here is the message just sent in from StanbicIBTC.

Kindly note that there will be delay in sending out Pricelist notice today as trading has not begun as yet on the floor of The Nigerian Stock Exchange as a result of technical challenges being experienced.
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  #9849 (permalink)  
Old 6th July 2009, 04:44 PM
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Default Re: Is Market Open?

Quote:
Originally Posted by dayoadebayo View Post
Here is the message just sent in from StanbicIBTC.

Kindly note that there will be delay in sending out Pricelist notice today as trading has not begun as yet on the floor of The Nigerian Stock Exchange as a result of technical challenges being experienced.
Does this mean that there was no trading at all?
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  #9850 (permalink)  
Old 6th July 2009, 05:04 PM
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Default Re: Is Market Open?

Quote:
Originally Posted by gentle View Post
Does this mean that there was no trading at all?
May be there will be "night market".
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  #9851 (permalink)  
Old 6th July 2009, 06:03 PM
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Default Re: Is Market Open?

Quote:
Originally Posted by dayoadebayo View Post
May be there will be "night market".
This market has tried everything else to keep investors in the dark ... that might be the next natural evolution.
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  #9852 (permalink)  
Old 6th July 2009, 06:42 PM
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Default Re: Is Market Open?

Quote:
Originally Posted by dayoadebayo View Post
May be there will be "night market".
Indeed. It does look like there will be a night market. The NSE market is now opened and the deals have started. 23 at the moment
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  #9853 (permalink)  
Old 6th July 2009, 07:13 PM
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Default Re: Is Market Open?

Quote:
Originally Posted by 123.rado View Post
Indeed. It does look like there will be a night market. The NSE market is now opened and the deals have started. 23 at the moment
Yes trading is on. A night market indeed.
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  #9854 (permalink)  
Old 6th July 2009, 07:18 PM
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Default Re: Is Market Open?

Quote:
Originally Posted by threecrown View Post
Yes trading is on. A night market indeed.
Yes it is night market today.

The problem was caused by CSCS system changes. Instead of them to install and do a test run over the weekend, they left it till today.
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  #9855 (permalink)  
Old 6th July 2009, 07:19 PM
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Default Re: MarketWatch

Market appears down although Oceanic is up in early night trading.
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  #9856 (permalink)  
Old 6th July 2009, 07:34 PM
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Default Re: MarketWatch

Quote:
Originally Posted by zainabusman View Post
Market appears down although Oceanic is up in early night trading.
Union Bank and Diamond bank are also up in early trading.
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  #9857 (permalink)  
Old 6th July 2009, 07:36 PM
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Default Re: Is Market Open?

Quote:
Originally Posted by threecrown View Post
Yes trading is on. A night market indeed.
Wow, this is wonderful. Nothing, really, is impossible, on the NSE.
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  #9858 (permalink)  
Old 6th July 2009, 07:38 PM
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Default Re: MarketWatch

Are you guys serious?
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  #9859 (permalink)  
Old 6th July 2009, 07:49 PM
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Default Re: MarketWatch

Just checked nse site, this is real, Only in nigeria!! Well lets see how the market closes
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  #9860 (permalink)  
Old 6th July 2009, 07:52 PM
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Default Re: Is Market Open?

Quote:
Originally Posted by chillykelly86 View Post
Wow, this is wonderful. Nothing, really, is impossible, on the NSE.
I am not so surprised. Anything happens in Nigeria not NSE alone. I just love this country. Its a place where impossibilities become possible.
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