Tag: Medium-Priced Stock
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NSE reclassifies Nigerian Breweries from High to Medium-Priced stock
The Nigerian Stock Exchange (NSE) has announced the reclassification of Nigerian Breweries Plc (NB) Plc from High-Priced Stock Group to Medium-Priced Stock. In a statement to dealing members, the nation’s stock exchange management said the reclassification became effective from Wednesday, January 9, 2019. Explaining the rationale behind the downgrading of Nigerian Breweries, the NSE noted…