搜索关注在线英语听力室公众号:tingroom,领取免费英语资料大礼包。
(单词翻译)
Nigeria, sub-Saharan Africa's second biggest equities1 market after South Africa has long been an attraction for emerging market investors2. But the Nigerian stock exchange has slumped3 to record levels in the past few months, making it one of the worst performing in the world, and feeding worries about the future.
In 2008, the market value of stocks listed on the Nigerian stock exchange declined for the first time in nine years, tumbling 46 percent. Stocks fell 31 percent in January 2009, the world's biggest decline, and the trend is showing no sign of easing.
A Lagos-based stock broker4, Patrick Ezeagu, says confidence in the stock market took a severe knock last year following the exit of foreign investors seeking safety amid the global credit crunch5.
"Things were going normal until we had this bust," he said. "And I think that the whole thing was precipitated6 from outside the system. Because we had some hedge funds that came, which helped to buoy7 up the market.
"And then when the West had their own problems, the first thing they did was they go offshore8 to divest9 and then run home to go and solve their own problem. That going offshore, gave us the first shock we had and other things followed. Because everything was going on well until that happened," he added.
Purchases by foreign investors amounted to $1.2 billion in 2008, compared to more than $2 billion in 2007.
The Nigerian stock exchange has 213 listed equities and a market value of about $46 billion, according to the exchange Web site.
The Nigerian stock exchange said this week it planned to introduce new measures in the first quarter of 2009, as part of moves aimed at attracting foreign investors.
Analysts10 say Nigerian stocks are unlikely to recover this year, but have huge potential in the longer term, with the country's population of 140 million people representing a largely untapped market.
1 equities | |
普通股,股票 | |
参考例句: |
|
|
2 investors | |
n.投资者,出资者( investor的名词复数 ) | |
参考例句: |
|
|
3 slumped | |
大幅度下降,暴跌( slump的过去式和过去分词 ); 沉重或突然地落下[倒下] | |
参考例句: |
|
|
4 broker | |
n.中间人,经纪人;v.作为中间人来安排 | |
参考例句: |
|
|
5 crunch | |
n.关键时刻;艰难局面;v.发出碎裂声 | |
参考例句: |
|
|
6 precipitated | |
v.(突如其来地)使发生( precipitate的过去式和过去分词 );促成;猛然摔下;使沉淀 | |
参考例句: |
|
|
7 buoy | |
n.浮标;救生圈;v.支持,鼓励 | |
参考例句: |
|
|
8 offshore | |
adj.海面的,吹向海面的;adv.向海面 | |
参考例句: |
|
|
9 divest | |
v.脱去,剥除 | |
参考例句: |
|
|
10 analysts | |
分析家,化验员( analyst的名词复数 ) | |
参考例句: |
|
|
本文本内容来源于互联网抓取和网友提交,仅供参考,部分栏目没有内容,如果您有更合适的内容,欢迎 点击提交 分享给大家。