This is a trading item or a component that was created using QuantShare by one of our members.
This item can be downloaded and used by QuantShare Trading Software.
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Created in 1960 and known as the Lagos Stock Exchange, the Nigerian Stock Exchange, NSE, is the main stock exchange of Nigeria. NSE offers a fully automatic trading system and it consists of six branches plus the Head Office, which is located in Lagos.
Foreign investors, of any nationality, are allowed to invest in the Nigerian Stock Market. Nigerian companies can also be listed in multiple and on foreign markets.
The Nigerian unique index is called the Nigerian Stock Exchange All Shares Index.
The current EOD quotes item downloads historical data for all Nigerian stocks. You choose the start and end dates and the downloader gets quotes for each day between these two dates. Before the data is added to the Quotes database, a first script extracts the data and fills the different columns. A second script makes some changes to this data; these changes are necessary because the Open, high and low prices are sometimes reported as equal to zero. The downloader script detects this and updates these values (It changes these values to the close price value).
The volume field gets the number of shares traded on a particular date and for a particular stock, while the open interest field gets the number of trades that occur during that day.
The downloader gets quotes for more than 200 Nigerian companies, and new ticker symbols are automatically added to your database.
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.