NGX Reveals Results of Half-Year Review of Market Indices




© FAR

Lagos, Nigeria. Monday, 1 July 2024. Nigerian Exchange Limited (“NGX” or “The Exchange”), the sustainable exchange championing the development of Africa’s largest economy, has announced the results of its full year market index review for the followingS indices – NGX 30; NGX Lotus Islamic; NGX Pension; NGX Pension Broad Index; Corporate Governance Index; Afrinvest Bank Value Index; Afrinvest Dividend Yield Index; Meristem Growth Index; Meristem Value Index; and the five Sectoral Indices of The Exchange - NGX Banking, NGX Insurance, NGX Industrial, NGX Consumer Goods and NGX Oil & Gas. 

The review has led to the entry and exit of some companies from several indices which took effect at the open of the market on Monday, 1 July 2024. Below are the incoming and exiting companies in the various indices:

 

Indices Title

Incoming

Exiting

 

 

 

 

NGX 30 Index

  • None
  • None

 

 

 

NGX Consumer Goods Index

  • None
  • None

 

 

 

NGX Banking Index

  • None

·     None

 

 

 

NGX Insurance Index

  • None
  • None

 

 

 

NGX Industrial Index

·     None

·     None

 

 

 

NGX Oil & Gas Index

·     Japaul Oil and Services

·     MRS Plc

 

 

 

NGX Pension Index

  • Geregu Power Plc
  • NASCON
  • UNILEVER PLC
  • Vitafoam Plc
  • CAP Plc
  • Beta Glass Plc 

 

 

 

NGX Lotus Islamic Index

 

  • Dangote Sugar Refinery Plc
  • Nascon Allied Industries Plc
  • Airtel Africa Plc

 

 

 

Corporate Governance Index

  • None

·              None

 

 

 

NGX Pension Broad Index

  • Transcorp Power Plc
  • None

 

 

 

Afrinvest Bank Value Index

  • None
  • None

 

 

 

Afrinvest Div Yield Index

  • United Capital Plc
  • FCMB Group plc
  • MAY & BAKER Nigeria Plc
  • MTN Nigeria Communications Plc
  • VITAFOAM NIG PLC
  • STANBIC IBTC Holdings Plc

 

 

 

Meristem Growth Index

  • CONOIL
  • UNILEVER

 

  • JAIZBANK
  • NAHCO
  • NEM
  • STERLING
  • TOTAL
  • WAPCO

 

 

 

Meristem Value Index

  • WAPCO
  • CUSTODIAN
  • FCMB

 

  • CAP
  • CAVERTON
  • MRS
  • NPFMCRFBK
  • REDSTAREX