Access Bank, GTBank Join Growth Index as NSE Review Market Indices

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By Goddy Egene The Nigerian Stock Exchange (NSE) has made its annual full year review of the market indices which includes: the NSE 30, NSE Lotus Islamic, NSE Pension, Corporate Governance Index, A…

The Nigerian Stock Exchange has made its annual full year review of the market indices which includes: the NSE 30, NSE Lotus Islamic, NSE Pension, Corporate Governance Index, Afrinvest Bank Value Index, Afrinvest Dividend Yield Index, Meristem Growth Index, Meristem Value Index and the five sectoral indices comprising the NSE Banking, NSE Insurance, NSE Industrial, NSE Consumer Goods and NSE Oil & Gas.

In the NSE Insurance Index, for instance, Veritas Kapital Assurance Plc and African Alliance Insurance Plc came in while Niger Insurance Plc exited. Similarly, the NSE Oil & Gas Index saw the exit of Mrs Oil Nigeria Plc and the entry of Eterna Plc. Meristem Value Index added Dangote Sugar Plc and Total Nigeria Plc and removed Cadbury Nigeria Plc, Dangote Cement Plc, Fidelity Bank Plc and UACN Property Development Company Plc.

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