NGX 30 Index
Live Market Performance
About NGX 30 Index
The NGX 30 Index is a benchmark index that tracks the performance of the top 30 most liquid and capitalized stocks listed on the Nigerian Exchange (NGX). This index provides a snapshot of the health of the Nigerian equity market and is widely used by investors to assess market trends and performance.
The index is calculated based on market capitalization and liquidity metrics, ensuring that only the most relevant stocks are included. It serves as a critical tool for portfolio management, investment analysis, and performance benchmarking in the Nigerian capital market.
Historical Milestones
- 2009: Launch of the NGX 30 Index to provide targeted insights into the top-performing equities in the market.
- 2015: Updated methodology to improve index transparency and reliability.
- 2021: Recorded exceptional growth driven by foreign investments and reforms in the Nigerian Exchange.
- 2024: The index achieved consistent upward performance, reflecting increased market participation and investor confidence.
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