Investors are bracing for a brutal fall in share prices in Thursday trading, following up on the over 18 percent drop in the ASPI over two days.
The stockmarket plummeted through Tuesday and Wednesday trading on news that the President had sacked three key Ministers from their posts sand was mooting plans to take control of the government. rn
rnStockbrokers say uncertainty still reeks in the market, expecting investors to salvage their investments in the near term. rn
rnStockbrokers add that bargain hunters are prowling in the sidelines are ready to pick up stocks at prices well below recent market prices. rn
rnIt was bargain hunters who salvaged mid Wednesday morning trading, their aggressive buying breaking the breakneck speed plunge the indices took in early morning trading. rn
rnHowever, in the true spirit of trading, buyers cashed in the gains when the average gain on their portfolio reached the 30 per cent levels. rn
rnProfit taking and fresh news from the political front pushed the ma