The Nigerian Stock Exchange (NSE or The Exchange) is pleased to announce the launch of its e-Filing Portal, X-Filing, on Tuesday, 2 March 2021.
X-Filing, which comes on the back of the recent upgrade to the NSE Issuers’ Portal, X-Issuer, is a fully integrated, secure web interface designed to enable the submission and processing of securities listing applications online.
The Portal provides Dealing Member Firms (DMFs) and other accredited sponsors with a simple, efficient and convenient way to submit securities listing applications on behalf of issuers as well as enable The Exchange to process the applications online, saving time and resources.
Accessible via, https://efiling.nse.com.ng, the Portal is equipped with features that allow the submission, review, and approval of securities listing applications; generation of listing and application reports; and easy tracking of application status. Users of the Portal will also be able to check estimated listing and application fees and make payment online.
Speaking on the development, the Executive Director, Regulation, NSE, Ms. Tinuade Awe noted thus, “The launch of X-Filing accords with The Exchange’s commitment to leverage technology to drive regulatory objectives and ease compliance for stakeholders. Automating the securities listing process of the NSE is, therefore, a major milestone for us in our quest to ease the burden of listing for applicants and to attract new listings. As an agile Exchange, we continue to review our processes to ensure quick time to market as required by all our stakeholders. We have adopted an integrated approach to ensure a seamless end-to-end process that will allow Issuers to manage their securities listings and other applications from anywhere they choose at any time.”
X-Filing is expected to facilitate a timely review process from The Exchange, ultimately improving the quality of its service delivery. “The Portal has been designed to enhance our securities listing application processes, thereby improving Issuers’ experience. We are, therefore, confident that the features we have incorporated will enhance the competitiveness of the Nigerian capital market as a global listing destination,” Ms. Awe further stated.
The Exchange remains committed to delivering products and services that meet the needs of its stakeholders, especially as we transition to a world of increased digital interactions. X-Filing is one of The Exchange’s dedicated efforts to remain globally competitive while enhancing its service delivery to stakeholders.
Stock Investors Gained N25 Billion on Wednesday
Investors that invested in the Nigerian Exchange Limited (NGX) gained N25 billion on Wednesday as more stocks closed in the green.
Investors traded 141,407,914 shares valued at N2.973 billion in 3,079 transactions during the trading hours of Wednesday, contrast to 228,479,010 shares valued at N1.879 billion that exchanged hands in 3,376 deals on Tuesday.
Market value grew by N25 billion from N20.278 trillion it closed on Tuesday to N20.303 trillion on Wednesday, while the NGX All-Share Index appreciated by 0.12 percent to 38,968.34 index points, up from 38,920.5 index points.
UPDC Plc led gainers for second consecutive day with N0.16 or 9.64 percent to close at N1.82 per share. While N Nig. Flour Mills Plc followed with N0.70 or 9.59 percent to settle at N8 a unit. See the details below.
|UPDC||N 1.66||N 1.82||0.16||9.64 %|
|NNFM||N 7.30||N 8.00||0.70||9.59 %|
|OANDO||N 4.35||N 4.62||0.27||6.21 %|
|LEARNAFRCA||N 1.36||N 1.44||0.08||5.88 %|
|HONYFLOUR||N 3.92||N 4.07||0.15||3.83 %|
|TRANSCOHOT||N 5.00||N 4.50||-0.50||-10.00 %|
|CHIPLC||N 0.53||N 0.48||-0.05||-9.43 %|
|PRESTIGE||N 0.48||N 0.44||-0.04||-8.33 %|
|CHAMPION||N 2.08||N 1.91||-0.17||-8.17 %|
|LASACO||N 1.30||N 1.20||-0.10||-7.69 %|
Nigerian Exchange Limited Closes Slightly in Green on Tuesday Following Weeks of Bearish Trend
The Nigerian Exchange Limited (NGX) rebounded slightly from bearish trends on Tuesday as investors gained N2 billion after weeks of trading in the red.
Market value of all stocks rose to N20.278 trillion on Tuesday, up by N2 billion from N20.276 trillion recorded on Monday. While the NGX All-Share Index gained 0.01 to close at 38,920.5 index points from 38,915.62 index points it settled on Monday.
Investors transacted 228,479,010 shares valued at N1.879 billion in 3,376 deals during the trading hours of Tuesday, against 201,103,282 shares worth N2.526 billion that exchanged hands in 3,340 transactions on Monday.
UPDC Plc led gainers with N0.15 or 9.93 percent to close the day at N1.66 a share while Academy Press Plc followed with N0.03 or 8.33 gain to settle at N0.39 a unit.
Investors renewed interest in Wema Bank as a total of 46,760,667.00 shares valued at N35,973,004.78 were traded during on Tuesday. Access Bank came second with 28239839.00 shares worth N263,494,888.05
|UPDC||N 1.51||N 1.66||0.15||9.93 %|
|ACADEMY||N 0.36||N 0.39||0.03||8.33 %|
|COURTVILLE||N 0.27||N 0.29||0.02||7.41 %|
|VITAFOAM||N 16.75||N 17.40||0.65||3.88 %|
|LIVESTOCK||N 2.08||N 2.14||0.06||2.88 %|
|SOVRENINS||N 0.27||N 0.25||-0.02||-7.41 %|
|UPL||N 1.09||N 1.02||-0.07||-6.42 %|
|REGALINS||N 0.48||N 0.45||-0.03||-6.25 %|
|UACN||N 10.30||N 9.80||-0.50||-4.85 %|
|CHAMS||N 0.22||N 0.21||-0.01||-4.55 %|
Stock Market Dips Marginally on Monday, Investors Lose N3 Billion
The Nigerian Exchange Limited (NGX) extended its decline on Monday after losing N177 billion in market value last week.
The market capitalisation of all listed equities depreciated by N3 billion from N20.279 trillion it closed on Friday to N20.276 trillion on Monday. While the NGX All-Share Index declined by 0.02 percent from 38,921.78 index points recorded last week to 38915.62 index points on Monday.
Investors traded 201,103,282 shares worth N2.526 billion in 3,340 transactions during the trading hours of Monday.
In terms of volume traded, Universal Insurance Plc led with 19446846.00 shares valued at N3,889,371.20. Fidelity Bank followed with 19282958.00 shares worth N46,513,270.13. See the details below.
|MORISON||N 1.92||N 2.10||0.18||9.38 %|
|SOVRENINS||N 0.25||N 0.27||0.02||8.00 %|
|LINKASSURE||N 0.57||N 0.60||0.03||5.26 %|
|FIDELITYBK||N 2.30||N 2.40||0.10||4.35 %|
|INTBREW||N 4.80||N 5.00||0.20||4.17 %|
|SCOA||N 1.30||N 1.17||-0.13||-10.00 %|
|ACADEMY||N 0.39||N 0.36||-0.03||-7.69 %|
|UPDC||N 1.61||N 1.51||-0.10||-6.21 %|
|ABCTRANS||N 0.35||N 0.33||-0.02||-5.71 %|
|OANDO||N 4.64||N 4.45||-0.19||-4.09 %|
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