Live Market Performance

About NGX Meristem Growth Index

The NGX Meristem Growth Index is designed to track the performance of growth-focused companies listed on the Nigerian Exchange. These companies are characterized by their strong revenue growth, innovative business models, and potential for long-term expansion. The index provides a benchmark for investors targeting growth-oriented investments in the Nigerian capital market.

The index emphasizes liquidity, market capitalization, and industry representation to ensure a robust and comprehensive measure of growth opportunities within the Nigerian Exchange.

Components of the Index

• CAP PLC
• Dangote Cement PLC
• Eterna PLC
• FBN Holdings PLC
• GlaxoSmithKline Consumer Nigeria PLC
• Guaranty Trust Holding Company PLC (GTCO)
• Guinness Nigeria PLC
• Jaiz Bank PLC
• Julius Berger Nigeria PLC
• Nigerian Aviation Handling Company PLC (NAHCO)
• NEM Insurance PLC
• Okomu Oil Palm PLC
• Presco PLC
• PZ Cussons Nigeria PLC
• Seplat Energy PLC
• Transnational Corporation PLC (Transcorp)
• Vitafoam Nigeria PLC

Market Highlights

• Focus: Growth-oriented companies across diverse sectors.
• Selection Criteria: Companies with high revenue growth, market liquidity, and innovation-driven business models.
• Investor Sentiment: Reflects dynamic investment opportunities and confidence in emerging sectors.
• Key Sectors: Technology, Financial Services, Consumer Goods, and Industrial Manufacturing.

Historical Milestones

• 2020: Launch of the NGX Meristream Growth Index to capture the performance of high-growth companies.
• 2022: Inclusion of leading tech startups that achieved listing on the Nigerian Exchange.
• 2024: Strong performance driven by growth in the fintech and renewable energy sectors.