Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

NGX Reveals Results Of Half-Year Review Of Market Indices

Date 02/01/2024

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 Tuesday, 2 January 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

  • FBN Holdings plc
  • FCMB Group plc
  • Guaranty Trust Holding company plc
  • Stanbic IBTC Holdings plc

·     Jaiz Bank

·     Union Bank Nigeria Plc

·     Unity Bank

·     Wema Bank

 

 

 

NGX Insurance Index

  • Universal Insurance Company plc
  • International Energy Insurance Plc

 

 

 

NGX Industrial Index

·     None

·     None

 

 

 

NGX Oil & Gas Index

·     None

·     None

 

 

 

NGX Pension Index

  • Transcorp Hotels plc
  • Fidson Healthcare plc
  • Nigerian Aviation Handling  Company plc
  • Conoil plc
  • Pz Cussons Nigeria plc
  • Nascon Allied Industries plc
  • Unilever Nigeria plc

 

 

 

NGX Lotus Islamic Index

 

  • None
  • Nestle Nigeria Plc

 

 

 

Corporate Governance Index

  • None

·              None

 

 

 

NGX Pension Broad Index

  • Geregu Power Plc.
  • Glaxo Smithkline Consumer Nig.

 

 

 

Afrinvest Bank Value Index

  • None
  • None

 

 

 

Afrinvest Div Yield Index

  • MTN Nigeria communications plc
  • Vitafoam Nigeria plc
  • Stanbic IBTC holdings plc
  • NPF microfinance bank plc
  • Dangote sugar refinery plc
  • FCMB Group plc.
  • Cutix plc
  • Glaxo Smithkline Consumer Nig. Plc

 

 

 

Meristem Growth Index

  • ACCESS
  • FIDELITYBK
  • UBA
  • UCAP
  • WAPCO
  • ZENITHBANK

 

  • CAP
  • JBERGER
  • PRESCO
  • PZ
  • VITAFOAM

 

 

 

Meristem Value Index

  • AIICO
  • CAP
  • CAVERTON
  • JBERGER
  • MRS
  • NB
  • NPFMCRFBK
  • REDSTAREX
  • DANGSUGAR
  • ACCESS
  • ETI
  • FCMB
  • FIDELITYBK
  • LIVESTOCK
  • UBA
  • WAPCO
  • ZENITHBANK

 

Designed using the market capitalization methodology, the indices are rebalanced on a semi-annual basis on the first business day in January and in July respectively. NGX indices are developed to allow investors efficiently track market movements and properly manage investment portfolios.

NGX continues to blaze the trail on the path to becoming Africa’s foremost securities exchange with innovation and product development that deepens the market and boosts liquidity, thus connecting Nigeria, Africa and the world.