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Home Opinions Blurb

Nigerian Stock Exchange Rejigs NSE 30, NSE 50 Indexes. OANDO Now An NSE 30 Stock

Ugodre Obi-chukwu by Ugodre Obi-chukwu
July 1, 2013
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nse

 

The Nigerian Stock Exchange (NSE) last week reviewed The NSE 30, NSE 50 and the five sectoral indices with new entrants. The five sectorial indicators are: NSE Banking, NSE Consumer Goods, the NSE Oil & Gas, NSE Industrial and  NSE Insurance. The composition of these indices after the review will be effective today.

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In its review of the indices, Oando Plc joined the NSE-30, while Mobil Oil Nigeria Plc exited. In the NSE-50 Index, Livestock Feeds Plc was brought in while Nigerian Bag Manufacturing Company Plc was removed. In the NSE Consumer Index, there was no change, while Mutual Alliance Insurance Plc and Law Union & Rock Insurance Plc joined the Insurance Index. On the other hand, Linkage Assurance Plc and Goldlink Insurance Plc were removed.

New NSE Indexes

Source: Nigerian Stock Exchange

Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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Stablecoins to make up 10% of total US money supply and FX transactions -Report 

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