Nigerian Stock Exchange - The All-Share Index

The All-Share Index

The Exchange maintains an All-Share Index formulated in January 1984 (January 3, 1984 = 100). Only common stocks (ordinary shares) are included in the computation of the index. The index is value-weighted and is computed daily. The highest value of 66,371.20 was recorded on March 3, 2008. Also, The Exchange has introduced the NSE-30 Index, which is a sample-based capitalization-weighted index plus four sectorial indices. Similarly, four sectorial indices have been introduced to complement existing indices. These are NSE-Food/Beverages Index, (Later renamed NSE – Consumer Goods Index) NSE Banking Index, NSE Insurance Index and NSE Oil/Gas Index.

Read more about this topic:  Nigerian Stock Exchange

Famous quotes containing the word index:

    Exile as a mode of genius no longer exists; in place of Joyce we have the fragments of work appearing in Index on Censorship.
    Nadine Gordimer (b. 1923)