• Saturday, December 02, 2023
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NSE increases market making stocks by four


The Nigerian Stock Exchange (NSE) yesterday added four new stocks to the market making programme. The new additions are: Portland Paints & Products Nigeria Plc; ABC Transport Plc; Glaxo SmithKline Consumer Nigeria Plc and Stanbic IBTC Holdings. The new additions bring the number of stocks that have been rolled out by the initiative to 52.

The inclusion of the stocks from Industrial Goods; Services; Healthcare and Financial Service sectors becomes effective on Thursday, March 14, 2013. The addition of the new stocks is in line with the planned phased approach for introducing stocks to the programme, from the baskets allocated to the Market Makers on The Exchange.