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Ashaka Cement PLC and Julius Berger Nigeria have joined 33 other stocks in the basket of market makers of the Nigerian Stock Exchange (NSE).
This is in line with the phased introduction of additional stocks by the exchange to its market making program.
Julius Berger was dropped from the list twice in early 2012 but was later re-entered in the fourth quarter of the same year.
Market analysts say this underscores the fluidity of the NSE 30 Index.
The NSE had in November 2012 announced the addition of Dangote Flour Mills PLC, Unity Bank PLC and Prestige Assurance PLC to the market making stocks on its bourse, bringing the total number of market making stocks on the Nigerian Stock Exchange to 35.
1 comments:
This is in line with the phased Cement Cladding introduction of additional stocks by the exchange to its market making program.
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