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

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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.

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.

Source: Nigerian Stock Exchange