What affects the prices of stocks?
Stocks go up and down because of supply and demand. Prices go up when there are more buyers than sellers. And prices go down when there are more sellers than buyers.
So what causes the changes in supply and demand?
Here are a few examples of reasons why a stock can go up in the short-term:
Companies profits beat expectation
Introduction of a new product or services
Generally positive and optimistic market outlook
New confidence-inducing CEO
Rumours or expectations of a merger or acquisition.
Announcement of dividends
Order Execution on Local Stocks
We ensure that orders executed on your behalf are prompt, accurately recorded and allocated. We try to obtain the best possible result for you, taking into account price, costs, speed, likelihood of execution and settlement, size, nature and/or any ...
How Do I Receive Dividends on Local Stocks?
Nigeria’s capital market regulator, the Securities and Exchange Commission (SEC), require that Registrars pay investors' dividends to their bank accounts. Investors are required to fill their respective Registrar's e-mandate form (you can download ...
As a foreigner investing in US stocks, do I pay any US taxes?
Yes, you are subject to pay a one-off tax bill of $3 which will be deducted from your first global wallet funding. The $3 is for processing the tax certificate (w8). W-8BEN form is completed at the beginning of the KYC process, you are declaring ...
How does SmartInvest work?
Intro to Smart Invest For a quick summary, watch our 'SmartInvest Explained' video playlist here. What is Smart Invest? SmartInvest by Chaka is the easiest way to save and invest in dollars. SmartInvest portfolios are diversified and managed by an ...
How do I buy a stock on Chaka?
The Chaka home page is designed to highlight market movers and top-performing stocks. However, if you intend to purchase a stock that is not listed on your homepage, here are the steps to follow: Click on the search icon at the top right-hand corner ...