Nigerian Stock Exchange (NSE) Live
|NSE-ASI Index||Year-to-Date||Market Cap.|
|27,919.50 (+55.01)||-3,511.00 (11.17%)||NGN 13.62Tr|
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 (14)||Bottom Losers (21)|
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 FRIDAY, JULY 19, 2019: At the end of the last weekday of trading on the Nigerian Stock Exchange, a total of 274,206,008 shares in 2,966 deals, corresponding to a market value of NGN 2,844,017,922.92, were traded. 102 equities participated in trading, ending with 14 gainers and 21 losers. ABBEYBDS led the gainers with 10% share price appreciation, followed by FO (+9.81%), HONYFLOUR (+9.78%) and UNITYBNK (+8.47%). On the losing side, MCNICHOLS came out last with an end-of-day price depreciation of 10%, followed by FIDSON (-9.89%), CUTIX (-9.7%) and COURTVILLE (-9.09%). UBA recorded the highest volume of 45.3 million traded shares, followed by ACCESS (42.79m), FBNH (41.93m) and GUARANTY (26.64m). Regarding the performance of NSE market indices, the benchmark NSE All-Share Index (NSE-ASI) inched up 55.01 (0.2%) points to close at 27,919.50, representing a 1-week loss of 2.27%, a 4-week loss of 6.47%, and an overall year-to-date loss of 11.17%. Other remarkable indices that performed were the NSE Premium Index (+0.47%; -2.39% 1WK; +3.79% YTD), NSE ASeM Index (-0.22%; -0.44% 1WK; -1.97% YTD), NSE Oil & Gas (+0.75%; -5.7% 1WK; -24.03% YTD), NSE Banking (+0.6%; -4.3% 1WK; -16.14% YTD), and NSE Food & Beverage (+0.44%; -0.01% 1WK; -23.3% YTD).