Major NSE Indexes – An Overview and Explanation of the Topic

Major NSE Index or Indexes

The Nigerian Stock Exchange, NSE is a complex financial market space and requires advanced new knowledge almost daily to navigate it.

Trading services, portfolios, market data products, traded products, issuers, membership and more – are functionalities that make the market work.

• NSE Reports Show Dangote Sugar, Other Companies Performance in Q3

On a more serious note, the activities on the Exchange are standardized, procedural and organised. In such arrangements, there is no way to navigate without visiting the libraries of the NSE starting with index or indexes.

NSE Stock Indexes

An index is a patterned tracking method that follows the performances of a bundle of asset that reflect a particular segment of the NSE market.

An index could track a particular industry on the NSE listing or segment, but there are also those that can track broadly to cover the entire market or more.

• NSE Capital Market – Available Market Data Accounts For Gains in 2020
• OPEC Confident In Global Oil Market 2021 With COVID-19 Vaccine

The NSE has several indexes which it uses to measure the stock market and help investors balance past and current price levels as well as calculate the performance of the market.

Indexes have a specific computing method that is based on a percentage change in base value over time.

List of NSE Indexes

NSE News

Since the NSE is a daily market where investors and publicly traded companies buy, sell and issue shares, indexes are computed likewise.

• How To Begin To Trade FOREX in Nigeria – What to Know
• CBN: Recently Auctioned Treasury Bills Were At 0.05% and Oversubscribed

NSE last report on November 13, 2020, shows that its market capitalization is currently at N18.308 trillion and YTD return of 30.56%.

When an index like the NSE All-Share is negotiated to buy or sell today and settled at a future date, it is called index futures.

Follow us on Facebook and Twitter.