NGX Replaces United Capital with Guinness Nigeria in Market Index Reshuffle
The Nigerian Exchange Group (NGX) has made changes to its NGX 30 Index by replacing United Capital with Guinness Nigeria, a move aimed at improving market liquidity and reflecting evolving market trends. Guinness Nigeria's inclusion comes as it emerged as one of the best-performing consumer goods stocks in 2025, alongside notable companies like Presco PLC and Wema Bank.
The reshuffle also saw other companies like Access Bank, Stanbic IBTC, and others being included or removed from various indices, signaling a shift in market dynamics and compliance with sector performance. This move is expected to benefit passive investors and align with Nigeria's capital market strategies.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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