Operators fume as MRS Oil, others delist from stock market

Again, strong indications emerged yesterday that the Nigerian Exchange Limited (NGX) will witness massive delisting of firms under the manufacturing, consumer goods and oil and gas sectors, as operators urged government to take urgent steps in tackling nation’s macro economic woes.It closed yesterday’s trading at N28.85 per share. The firm began the year with a share price of N20.85 NGN and has appreciated by 38.4 per cent, ranking it 17th on the NGX in terms of year-to-date performance.making it difficult for them to take investment decisions.

Source:

Business News | Guardian Nigeria