The
inclusion followed a review of the prices of stocks by the exchange, undertaken
as part of measures to improve liquidity and deepen the market.
With
the development, Forte Oil Plc has become the 12th stock on the NSE’s list of
High Priced Stock.
Commenting,
Head, Market Operations, NSE, Mr. Ade Ewuosho, confirmed that “Way back, to
move the price of any stock upwards or downwards, the brokers needed to have a
volume of 50,000 shares and above. However, in September 2012, the NSE
introduced a
