Nigerian Stock Exchange (NSE) Live
|NSE-ASI Index||Year-to-Date||Market Cap.|
|20,765.02 (+95.64)||-6,077.05 (22.64%)||NGN 10.78Tr|
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 (11)||Bottom Losers (5)|
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 MONDAY, APRIL 6, 2020: At the end of the first weekday of trading on the Nigerian Stock Exchange (NSE), a total of 336,430,494 shares in 4,184 deals, corresponding to a market value of NGN 4,127,609,403.58, were traded. Compared with the previous NSE trading day (Friday, April 3), today's data shows 43% improvement in volume, 39% improvement in turnover, and 5% improvement in deals. The current NSE market capitalization is NGN 10.78 trillion.
In the aggregate, 82 NSE listed equities participated in trading, ending with 21 gainers and 13 losers. Access Bank Plc led the gainers with 9.92% share price appreciation closing at NGN 6.65 per share, followed by Aiico Insurance Plc (+9.59%), Lafarge Wapco (+9.5%) and Wema Bank (+8.51%). On the losing side, Nigerian Aviation Handling Co. came out last with an end-of-day price depreciation of 10% at NGN 2.34 per share, followed by Learn Africa (-10%), Cutix Plc (-10%) and Seplat Petroleum Development Co. (-9.99%). FBN Holdings Plc recorded the highest volume of 98.6 million traded shares, followed by Guaranty Trust Bank (55.66m), Zenith International Bank (32.53m) and FCMB Group Plc (27.15m).
Regarding the performance of NSE market indices, the benchmark NSE All-Share Index (NSE-ASI) plummeted 425.24 (-2.02%) points to close at 20,669.38, representing a 1-week loss of 3.1%, a 4-week loss of 19.41%, and an overall year-to-date loss of 23%. Other remarkable indices that performed were the NSE Premium Index (-2.33%; -3.23% 1WK; -19.25% YTD), NSE Banking (+2.61%; +0.86% 1WK; -32.58% YTD), NSE Insurance (+1.94%; +2.2% 1WK; -4.58% YTD), NSE Food & Beverage (+0.55%; -2.51% 1WK; -46.72% YTD), NSE ASeM Index (+0%), NSE Top 50 (-1.06%; -3.45% 1WK; -33.66% YTD), and NSE Pension (-2.06%; -3.46% 1WK; -24.16% YTD).