Nigerian Stock Exchange (NSE) Live
|NSE-ASI Index||Year-to-Date||Market Cap.|
|26,872.09 (+95.94)||-4,558.41 (14.5%)||NGN 12.98Tr|
The Nigerian Stock Exchange (NSE), founded in 1960 as the Lagos Stock Exchange, services the largest economy in Africa. A registered company limited by guarantee, the Exchange provides access to capital for Nigerian companies seeking to take advantage of the capital market to fund their business expansion. Since the deregulation of the Nigerian capital market in 1993, foreign capital has freely been allowed to flow into the country enabling investors of all nationalities to participate. Also, to enhance liquidity, the NSE has operated an automated trading system since 1999, allowing dealers to trade live through a network of computers connected to its central terminal. All listed companies on the NSE are included in the NSE All-Share Index (launched in 1984 with a base value of 100) - the benchmark index for the Nigerian stock market. Stock prices and indices are published daily by the NSE on the Nigerian Stock Exchange Price List.
|Top Gainers (21)||Bottom Losers (12)|
The NSE maintains three categories of listing: the Premium Board, the elite group of companies that meet stringent corporate governance, capitalization, and liquidity criteria; Main Board, the larger companies who are admitted to the bourse based on profitability or market capitalization; and Alternative Securities Market (ASeM), the smaller, high-growth emerging businesses. The NSE listed companies below incorporate companies from all stock market segments.
NSE TRADING SUMMARY FOR THURSDAY, NOVEMBER 21, 2019: At the end of today's trading session on the Nigerian Stock Exchange (NSE), a total of 239,221,339 shares in 3,585 deals, corresponding to a market value of NGN 2,278,227,703.71, were traded. Compared with the previous NSE trading day (Wednesday, November 20), today's data shows 11% decline in volume, 25% decline in turnover, and 12% decline in deals. The current NSE market capitalization is NGN 12.98 trillion.
In the aggregate, 89 NSE listed equities participated in trading, ending with 21 gainers and 12 losers. Cornerstone Insurance Company led the gainers with 10% share price appreciation closing at NGN 0.77 per share, followed by Oando Plc (+9.89%), Flour Mills Nigeria (+9.85%) and Ikeja Hotel Plc (+9.62%). On the losing side, Cement Company of North Nigeria came out last with an end-of-day price depreciation of 10% at NGN 18.00 per share, followed by Jaiz Bank Plc (-8%), Lasaco Assurance (-7.41%) and Unilever Nigeria (-5.68%). FBN Holdings Plc recorded the highest volume of 74 million traded shares, followed by Transnational Corp. of Nigeria (19.19m), Zenith International Bank (18.31m) and Guaranty Trust Bank (17.23m).
Regarding the performance of NSE market indices, the benchmark NSE All-Share Index (NSE-ASI) climbed 95.94 (0.36%) points to close at 26,872.09, representing a 1-week gain of 0.11%, a 4-week gain of 1.8%, but an overall year-to-date loss of 14.5%. Other remarkable indices that performed were the NSE Premium Index (+0.39%; -0.51% 1WK; +1.46% YTD), NSE ASeM Index (+0%; -4.73% YTD), NSE Oil & Gas (+1.08%; +2.02% 1WK; -22.29% YTD), NSE Top 50 (+0.81%; +1.58% 1WK; -22.67% YTD), and NSE Food & Beverage (+0.57%; +4.28% 1WK; -33.12% YTD).