Don't Miss


Home   >   Nigerian Stock Exchange   >   NSE to review composition of market indices

NSE to review composition of market indices

By on June 21, 2014

The Nigerian Stock Exchange (NSE) 30 Index, NSE 50 Index and the other five sectoral indices will be reviewed at the end of this month, the exchange said yesterday.

The five sectoral indices are: NSE Banking, NSE Consumer Goods, NSE Oil & Gas, NSE Industrial, NSE Insurance and NSE Lotus Islamic Index.

According to the NSE, the composition of these indices, after the review effective July 1, will witness some changes. It said while some major companies will move out of the indices, others will enter.

The NSE 30 Index, for instance,  five companies-Ashaka Cement Plc, Seven-Up Bottling Company Plc, Sterling Bank Plc, Mobil Oil Nigeria Plc and Conoil Plc are likely to enter.

On the other hand, Skye Bank Plc, Total Nigeria Plc, Fidelity Bank Plc, Glaxo Smithkline Consumer Plc and FCMB Group Plc are to exit.

In the case of the  NSE 50 Index, Champion Breweries Plc, Beta Glass Company Plc, NAHCO Plc and UBA Capital Plc are expected to enter, while WAPIC Insurance Plc, Continental Reinsurance Plc, MRS Oil Nigeria Plc, Cement Company of Northern Nigeria  Plc and Unity Bank Plc are likely to exit.

With respect to Banking Index, Sterling Bank  and Unity Bank Plc will be  in while Wema Bank Plc and Fidelity Bank Plc will be out.

For  NSE Oil & Gas Index,  Japaul Oil Maritime Services Plc and  Beco Petroleum Products Plc will be  come in, while Eterna Plc and MRS Oil Nigeria Plc will be out.

According to the exchange, the stocks picked based on their market capitalisation from the most liquid sectors.

“The liquidity is based on the number of times the stock is traded during the preceding half year. To be included, the stock must be traded for at least 70 per cent of the number of times the market opened for business,” the exchange explained.

Meanwhile, trading at the stock market remained bearish as the NSE All-Share Index fell for  the second day, shedding 0.76 per cent to close at 41,135.40.

 

 

[This Day]

One Comment

  1. Nigeria Custom service

    June 21, 2014 at 12:54 pm

    THE SAMUEL MOROHUMOBO MOTORS COMPINIG AUCTION!! AUCTION!!!
    { SAMUEL MOROHUMOBO} AUCTIONAL AUTHORIZED
    CAR
    AUCTIONS/SALES)
    WE HAVE DIRECT TOKUNBO CARS VERY CLEAN AND
    BRAND
    NEW CARS FOR SALE AT CHEAPER PRICES.
    These cars were siezed by government officials at
    border
    and the
    time duration given to the owners to claim their cars
    has
    elapsed so
    they are been sold at give away prices. All you need do
    is
    to call The Custom Officer In Charge
    Name:PASTOR SAMUEL contact ON:+2348143591956 place An Order Of Your Choice Now.We deal in all
    cars,
    you
    can also make a request for the
    vehicle you want to purchase and also your budget for
    any
    vehicle,
    we deliver all over the 36 States in Nigeria
    place an order of your choice.FEATURES BELOW
    Acura MDX # 800,000
    Acura TL # 900,000
    Acura ZDX # 900,000
    Audi A4 # 500,000
    Audi A6 # 700,000
    BMW 3-Series # 750,000
    BMW 5-Series # 950,000
    BMW X5 # 990,000
    BMW X6 # 1.5M
    Ford Escape # 1.2M
    Ford Explorer # 1M
    Honda Accord # 850,000
    Honda City # 500,000
    Honda Civic # 500,000
    Honda Crosstour # 1.5M
    Honda CR-V # 950,000
    Honda Odyssey # 950,000
    Honda Pilot # 1.8M
    Hyundai Accent # 550,000
    Hyundai Elantra # 450,000
    Infiniti FX35 # 2.6M
    Infiniti FX45 # 3M
    Infiniti QX4 # 3.4M
    Isuzu Trooper # 750,000
    Jaguar S-Type # 450,000
    Jeep Liberty # 1.3M
    Kia Sorento # 550,000
    Land Rover Discovery # 1.6M
    Land Rover Freelander # 1.3M
    Land Rover LR3 # 850,000
    Land Rover LR4 # 800,000
    Land Rover Range Rover # 2M
    Land Rover # 1.5M
    Range Rover Sport # 2.6M
    Land Rover Vogue # 1.3M
    Lexus GS # 1M
    Lexus GX460 # 950,000
    Lexus GX470 #1 000,000
    Lexus LX 570 # 750,000
    Lexus RX 300 # 650,000
    Lexus RX 330 # 750,000
    Lexus RX 350 # 850,000
    Mazda 6 # 550,000
    Mazda 626 # 650,000
    Mazda MPV # 650,000
    Mazda Tribute # 950,000
    Mercedes-Benz C-Class # 650,000
    Mercedes-Benz E-Class # 750,000
    Mercedes-Benz G-Class # 550,000
    Mercedes-Benz GLK # 350,000
    Mercedes-Benz ML # 300,000
    Mitsubishi Endeavour # 350,000
    Nissan Altima # 450,000
    Nissan Armada # 850,000
    Nissan Maxima #750,000
    Nissan Murano # 900,000
    Nissan Pathfinder # 700,000
    Nissan Primera # 400,000
    Nissan Quest # 800,000
    Nissan Sentra # 650,000
    Nissan Xterra # 550,000
    Peugeot 406 # 430,000
    Peugeot 407 # 500,000
    Peugeot 607 # 650,000
    Toyota 4Runner # 850,000
    Toyota Avalon # 700,000
    Toyota Avensis # 750,000
    Toyota Camry # 550,000 – # 1M
    Toyota Corolla # 550,000
    Toyota FJ Cruiser # 750,000
    Toyota Hiace # 1.5M
    Toyota Highlander # 1.5M
    Toyota HiLux # 900,000
    Toyota Matrix # 750,000
    Toyota Prado # 2M
    Toyota Rav4 # 700,000
    Toyota Sequoia # 450,000
    Toyota Sienna # 650,000
    Toyota Tacoma # 800,000
    Toyota Tundra # 900,000
    Toyota Venza # 700,000
    Toyota Yaris # 550,000
    Volkswagen Beetle # 400,000
    Volkswagen Golf # 350,000
    Volkswagen Jetta # 400,000
    Volkswagen Passat # 550,000
    Volkswagen Touareg # 900,000
    And also several trucks like MAN, MACK, VOLVO,
    MERCEDES etc
    LEATHER AND FABRIC INTERIOR, CHILLING AC, ALLOY
    WHEELS.
    INTERESTED BUYERS SOULD PLEASE CONTACT US FOR
    PURCHASE AND IMMEDIATE
    DELIVERY NATIONWIDE.
    CONTACT{PASTOR TUNDE OLU. ON 0092348038547919 INQUIRIES.THESE CARS ARE NOW AVAILABLE FOR INDIVIDUALS & DEALERS IN THE AUCTION SAMUEL MOROHUMOBO MOTOR
    2014. INTERESTED BUYERS SHOULD for PURCHASE AND
    MORE INQUIRY.

    FOR DEALERSHIP:-
    All new dealers should come with :-
    1. A valid international passport
    2. Certificate of incorporation of company
    3. A bank teller of #150,000 for the dealership certificates
    4. A well filled CUSTOM ORDER FORM
    5. Original certificate and a good resume
    6. Age declaration/Birth certificate
    7. Local/State govt of origin

    FOR INDIVIDUALS

    YOU ARE TO SCAN AND COME WITH A COPY OF :- 1. Your valid international
    passport, drivers license or National ID card. 2. A teller of #100,000 for the ware house warrant card and insurance duty
    3. A well filled CUSTOM
    ORDER FORM.
    4. A passport photograph for the warrant card.
    5. Age declaration/Birth certificate
    6. Local/State govt of origin.

    FOR BUYERS THAT CANNOT MAKE IT DOWN TO THE OFFICE

    You are to send a scan copy of:-
    1. Your valid international passport, drivers license or national ID card
    2. bank teller of the money of 80,000. For wearhouse warrant fees.
    3. A filled CUSTOMORDER FORM.
    4. A passport photograph for the warrant card.
    5. Age declaration/Birth certificate
    6. Local/State govt of origin For the
    registration of the car.
    Note: No buyer should come with money to the office
    for security reasons.

    CAR FEATURES BELOW

    PRICES OF SOME TOYOTA CARS:
    • Toyota Land Cruiser -N850,000
    • Toyota Prado N950,000
    • Toyota Highlander -N800,000
    • Toyota Corolla –N400,000
    • Toyota Camry –N300,000-N570,000
    • Toyota Avensis – N400,000-N600,000
    • Toyota Matrix -N450,000
    • Toyota Yaris – N450,000
    • Toyota Venza – N700,000
    • Toyota RAV4 SUV –N600,000
    • Toyota Hilus Pickup-N820,000
    • Toyota Dyna Truck – N900,000
    • Toyota Hiace Bus – N550,000
    • Toyota Coaster Bus 32 seaters N1,000,000

    PRICES OF SOME PEUGEOT CARS:
    •Peugeot c230 N400,000
    •C300 N500,000
    •Peugeot 606- N500,000
    •Peugeot 407-N400,000
    •Peugeot 406- N350,00
    •Peugeot 405- N300,000

    PRICES OF SOME HONDA CARS
    •Honda Civic cars – N350,000
    •Honda Accord – N400,000
    •Honda CR-V – N520,000
    •Honda Odyssey – N620,000
    •Honda Pilot – N750,000

    PRICES OF SOME NISSAN CARS:
    • Nissan Murano -N800,000
    • Nissan Xterra jeep – N500,000
    • Nissan Sunny sedanN350,000
    • Nissan Patrol SUV – N500,000
    • Nissan Civilian 30 seater bus – N900,000
    • Nissan Pathfinder SUV – N700,000
    and lots more.

    PRICES OF SOME ROVER CARS:
    • Range Rover – N1million
    • Rover 630i – N350,000
    • Rover 620i – N300,000

    PRICES OF SOME INFINITI CARS:
    • Infiniti QX57 – N850,000
    • Infiniti QX56 -N820,000
    • Infiniti FX45 -N800,000
    • Infiniti FX35 -N750,000

    MODEL/YEAR OF MANUFACTURE……….1996 t0 2010
    INTERIOR…………………….LEATHER AND FABRIC AC……….CHILLING
    FACTORY AC WHEEL…………………..GOOD TYRE, ALLOY WHEEL ASKING
    PRICE………………Rangingfrom #300,000 to #700,000.00 SELLER COMMENT-
    The car performs well, non accident, non salvaged, clean titled confirmed.

    CONTACT: PASTOR TUNDE OLU ON +2348038547919
    NOTE:-NO BUYER SHOULD COME DOWN
    WITH MONEY TO THE OFFICE FOR SECURITY REASONS.
    ALL MONEY PAID IS REFUNDABLE.