Learning why do stock prices go up and down simply comes down to buyers and sellers on the Nigerian Exchange.
In simple words: The price of shares changes because of demand and supply. When more people want to buy, the price goes up. When more people want to sell, the price drops.
For example: Imagine a trader has ten baskets of yams. If twenty buyers rush forward, the trader raises the price. If only one buyer shows up, the trader lowers the price.
When you watch the NGX, seeing why stock prices go up and down helps beginners understand how it works. Knowing why prices go up and down makes virtual trading exciting.
Remember:
- Prices change every day.
- More buyers push prices higher.
- More sellers push prices lower.
Try it on StocktoWealth: Watch how prices move for stocks like FIDSON using your virtual money today.
This is for learning, not financial advice.