If you want to know how to calculate stock gain or loss percentage on the Nigerian Exchange, you simply compare your profit or loss to the original amount of money you used to buy the shares.
In simple words: percentage gain or loss tells you how much your money has grown or shrunk in every hundred Naira, just like calculating your profit when selling tubers of yam in the market.
For example: Imagine you buy shares for one thousand Naira, and later your investment grows to one thousand two hundred Naira. You have made a gain of two hundred Naira, which is a twenty percent increase.
Remember:
- Always subtract your buying price from your selling price first.
- Divide that answer by what you originally paid.
- Multiply by one hundred to get your final percentage.
Try it on StocktoWealth: Open your virtual money account today and practice checking your percentage on stocks like ELLAHLAKES to see how it works.
This is for learning, not financial advice.