NGX All-Share Index
Definition
What is NGX All-Share Index?
A broad index designed to measure price movements of eligible equities listed on the Nigerian ExchangeNigeria's principal securities exchange, where listed shares, bonds, ETFs, and other instruments trade..
Example in practice
How This Looks in Practice
A local equity fundA fund that invests primarily in shares and seeks long-term capital growth. compares its return with the NGX All-Share Index.
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Related Terms
Nigerian Exchange
Nigeria's principal securities exchange, where listed shares, bonds, ETFs, and other instruments trade.
Nigeria InvestingCentral Securities Clearing System
Nigeria's central securities depository and clearing infrastructure for eligible capital-market securities.
Nigeria InvestingSecurities and Exchange Commission Nigeria
Nigeria's federal capital-market regulator.
Fund BasicsMutual Fund
A pooled investment vehicle that combines money from many investors into one professionally managed portfolio.