African Stock Exchanges

MBENEFIT - Mutual Benefits Assurance

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MBENEFIT share price on Nigerian Stock ExchangeMBENEFIT share price on Nigerian Stock Exchange

General Insurance and Life Business

Mutual Benefits Assurance is listed on the Nigerian Stock Exchange (NGX) since May 28th, 2002. Mutual Benefits is traded on the NGX under the ticker symbol “MBENEFIT”. The International Securities Identification Number (ISIN) of NGX:MBENEFIT is NGMBENEFT000. Mutual Benefits Assurance is currently the 78th most valuable stock on the NGX with a market capitalization of NGN 6.42 billion, which is about 0.022% of the Nigerian Stock Exchange equity market.

MBENEFIT • 0.32 ▾ 0.01 (3.03%)
Yesterday
Last Trading Results
Opening Price
Day’s Low Price0.32
Day’s High Price0.32
Traded Volume2.08M
Number of Deals8
Gross Turnover664,826.64
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding20.1B
Market Capitalization6.42B
Monetary values are quoted in Nigerian Naira (NGN) unless otherwise stated

MBENEFIT Stock Market Performance

1WK4WK3MO
-3.03%+18.5%
6MO1YRYTD
+14.3%+28%+18.5%

The current share price of Mutual Benefits Assurance (MBENEFIT) is NGN 0.32. MBENEFIT closed its last trading day (Monday, March 27, 2023) at 0.32 NGN per share on the Nigerian Stock Exchange (NGX), recording a 3% drop from its previous closing price of 0.33 NGN. Mutual Benefits began the year with a share price of 0.27 NGN and has since gained 18.5% on that price valuation, ranking it 21st on the NGX in terms of year-to-date performance.

Mutual Benefits Assurance is the 19th most traded stock on the Nigerian Stock Exchange over the past three months (Dec 28, 2022 - Mar 27, 2023). MBENEFIT has traded a total volume of 170 million shares—in 978 deals—valued at NGN 55.5 million over the period, with an average of 2.7 million traded shares per session. A volume high of 11.8 million was achieved on December 30th, and a low of 27,998 on March 22nd, for the same period. The table below details the last 10 trading days of activity of Mutual Benefits Assurance on the Nigerian Stock Exchange.

DateVolumeCloseChangeChange%
2023-03-272,077,5520.32-0.01-3.03%
2023-03-24229,5000.33
2023-03-231,551,3000.33
2023-03-2227,9980.33
2023-03-21112,0000.33
2023-03-20862,1000.33+0.01+3.13%
2023-03-171,313,2000.32
2023-03-163,332,3400.32
2023-03-15790,0100.32
2023-03-14834,2530.32

Profile of Mutual Benefits Assurance

Mutual Benefits Assurance operates in the Financials sector.

Factsheet of Mutual Benefits Assurance

Sector
Financials
Industry
—
Address
ARET ADAMS HOUSE,233, IKORODU ROAD,ILUPEJU,LAGOS
Telephone
08191471029,

MBENEFIT Industrial Market Competitors

Mutual Benefits Assurance, issuers of the MBENEFIT stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Financials sector. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

CodeNameM. Cap.CloseYTD
INTENEGINSInternational Energy Insurance1.53B1.19+213%
LIVINGTRUSTLivingTrust Mortgage Bank15.4B3.07+91.9%
SUNUASSURSunu Assurances Nigeria Plc2.56B0.44+51.7%
LASACOLasaco Assurance1.93B1.05+20.7%
FIDELITYBKFidelity Bank Plc151B5.20+19.5%
REGALINSRegency Alliance Insurance1.93B0.29+16%
CORNERSTCornerstone Insurance Company12.4B0.68+13.3%
NPFMCRFBKNPF Microfinance Bank11.4B1.90+12.4%
STANBICStanbic IBTC Holdings487B37.60+12.4%
NGXGROUPNigerian Exchange Group55B28.00+11.8%

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

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