Nigerian Stock Exchange (NSE) Live
|NSE-ASI Index||Year-to-Date||Market Cap.|
|29,628.84 (+37.55)||+2,786.77 (10.38%)||NGN 15.27Tr|
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 (16)||Bottom Losers (20)|
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, JANUARY 24, 2020: At the end of the last weekday of trading on the Nigerian Stock Exchange (NSE), a total of 184,558,182 shares in 3,852 deals, corresponding to a market value of NGN 3,514,080,340.93, were traded. Compared with the previous NSE trading day (Thursday, January 23), today's data shows 6% decline in volume, 54% decline in turnover, but 32% improvement in deals. The current NSE market capitalization is NGN 15.27 trillion.
In the aggregate, 97 NSE listed equities participated in trading, ending with 16 gainers and 20 losers. N.E.M. Insurance Company led the gainers with 10% share price appreciation closing at NGN 2.20 per share, followed by Beta Glass Company (+9.55%), Honeywell Flour Mill (+9.26%) and Linkage Assurance (+9.09%). On the losing side, Unilever Nigeria came out last with an end-of-day price depreciation of 9.77% at NGN 17.55 per share, followed by NCR Nigeria (-9.32%), Associated Bus Company (-8.89%) and Unity Bank (-8.7%). Guaranty Trust Bank recorded the highest volume of 34.3 million traded shares, followed by Nigerian Aviation Handling Co. (15.93m), Transnational Corp. of Nigeria (15.05m) and Chams Plc (11.45m).
Regarding the performance of NSE market indices, the benchmark NSE All-Share Index (NSE-ASI) inched up 37.55 (0.13%) points to close at 29,628.84, representing a 1-week gain of 0.94%, a 4-week gain of 13.56%, and an overall year-to-date gain of 10.38%. Other remarkable indices that performed were the NSE Premium Index (+0.47%; +1.88% 1WK; +19.11% YTD), NSE ASeM Index (+0%), NSE Insurance (+2.16%; +2.97% 1WK; +3.97% YTD), NSE Industrial (+1.17%; +4.98% 1WK; +17.72% YTD), NSE Top 50 (+0.28%; -0.26% 1WK; +8.23% YTD), NSE Top 30 (+0.04%; +0.99% 1WK; +11.67% YTD), and NSE Lotus Islamic Index (+0.01%; +0.69% 1WK; +12.08% YTD).