NSE-ASI ▴ 446.36 (1.8%)
The Nigerian Stock Exchange
(NSE), founded in 1960 as the Lagos Stock Exchange services the largest
economy in Africa. A registered company limited by guarantee, the Exchange
provides access to capital for Nigerian companies seeking to take advantage of
the capital market to fund their business expansion.
Since the deregulation of
the Nigerian capital market in 1993, foreign capital has freely been allowed to
flow into the country enabling investors of all nationalities to participate.
Also, to enhance liquidity, the NSE has operated an automated trading system
since 1999, allowing dealers to trade live through a network of computers
connected to its central terminal.
All listed companies on the NSE are included
in the NSE All-Share Index (launched in 1984 with a base value of 100) - the
benchmark index for the Nigerian stock market. Stock prices and indices are
published daily by the NSE on the Nigerian Stock Exchange Price List.
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