Overview

7UP 50.00

0.00 ABCTRANS 1.00

0.00 ACCESS 11.18

-0.02 AFRIPRUD 1.74

0.00 AGLEVENT 1.66

0.00 AIICO 0.91

0.00 ASHAKACEM 26.00

1.45 BERGER 8.25

0.00 CADBURY 53.35

4.85 CAP 62.51

0.00 CCNN 9.90

0.00 CILEASING 0.50

0.00 CONOIL 24.00

0.00 CORNERST 0.50

0.00 COSTAIN 1.24

0.11 COURTVILLE 0.80

-0.05 CUSTODYINS 1.66

0.00 DANGCEM 184.00

0.00 DANGFLOUR 9.20

0.00 DANGSUGAR 8.54

0.07 DIAMONDBNK 7.00

-0.01 DUNLOP 0.50

0.00 ETI 15.35

0.00 ETRANZACT 3.47

0.00 EVANSMED 2.16

0.00 FBNH 18.69

-0.01 FCMB 5.00

0.00 FG9B2017S2 113.50

3.05 FIDELITYBK 3.13

0.03 FIDSON 1.76

-0.07 FLOURMILL 86.00

0.00 FO 14.24

0.00 GUARANTY 27.45

-0.05 GUINNESS 280.00

0.00 HONYFLOUR 3.00

0.00 INTBREW 28.25

0.00 INTERLINK 4.90

0.00 JAPAULOIL 0.58

0.03 JBERGER 56.00

0.00 JOSBREW 1.20

0.00 LEARNAFRCA 1.80

0.00 LIVESTOCK 3.28

-0.17 MAYBAKER 2.16

0.00 MOBIL 114.00

0.00 NAHCO 7.01

0.00 NASCON 11.83

-0.20 NB 175.00

0.00 NEM 0.81

0.00 NESTLE 963.00

0.00 NIGERINS 0.50

0.00 NPFMCRFBK 1.20

0.01 OANDO 15.34

0.00 OKOMUOIL 51.80

0.00 PRESCO 30.00

0.02 PRESTIGE 0.65

0.00 PZ 52.65

0.00 REDSTAREX 4.70

0.00 REGALINS 0.50

0.00 ROYALEX 0.60

0.04 RTBRISCOE 1.62

-0.18 SKYEBANK 5.14

0.12 STANBIC 15.20

0.00 STERLNBANK 2.90

0.00 TOTAL 164.00

5.10 TRANSCORP 1.19

0.00 UAC-PROP 16.00

0.00 UACN 70.62

0.00 UBA 7.78

0.00 UBCAP 1.32

0.04 UBN 9.70

0.00 UNILEVER 76.00

0.00 UNITYBNK 0.67

0.03 UNITYKAP 0.50

0.00 VITAFOAM 3.30

0.15 WAPCO 95.10

0.00 WAPIC 1.01

0.00 WEMABANK 1.19

0.00 ZENITHBANK 21.88

0.05

Market Makers

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Overview

A market maker is classified as any Dealing Member (a member company who has been granted license by The Exchange as a dealer in securities), who has an undertaking and has been appointed by The Nigerian Stock Exchange, to enhance the market liquidity of a particular security in accordance with the Rules.

Types of Market Makers

Primary Market Maker: Is any market maker who has been appointed by the Nigerian Stock Exchange as the foremost liquidity provider of a particular security and has undertaken to assume the role.
Supplemental Market Makers: Is any market maker who is appointed to act as a supplementary liquidity provider.

The primary responsibilities of a Market Maker, is to maintain a fair and orderly market, in their individual securities of responsibility and generally, to make a positive contribution to the operation of the market. Each Market Maker must ensure that, trading for the Market Maker's own account is:

Practical under the circumstances
Consistent with just and equitable principles of trading
Not damaging to the integrity of the Exchange or the market.

Market making involves the act of entering bid and offer prices in the ATS, for a Specified Security (a security specified by The Exchange as available for market making), based on the requirements stipulated by the Exchange.

Currently, the ten Stockbroking firms that have been announced as Market Makers in The NSE are: