{"id":74202,"date":"2023-07-22T09:04:11","date_gmt":"2023-07-22T08:04:11","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=74202"},"modified":"2023-07-22T09:04:11","modified_gmt":"2023-07-22T08:04:11","slug":"ngx-reclassifies-fidelity-bank-plc-as-medium-price-stock","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/ngx-reclassifies-fidelity-bank-plc-as-medium-price-stock\/","title":{"rendered":"NGX Reclassifies Fidelity Bank Plc As Medium Price Stock"},"content":{"rendered":"

Nigerian Exchange Limited (\u201cNGX\u201d) has announced the reclassification of Fidelity Bank Plc from Small price stock to Medium price stock.<\/p>\n

Rule 15.29 of the Rulebook of The Exchange, 2015 (Dealing Members\u2019 Rules) notes that equities priced above N5 per share for at least four of the most recent six months of trading, or new security listings priced above N5 per share at the time of listing on NGX are Classified as Medium price stock.<\/p>

\r\n
Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

According to NGX, Fidelity Bank Plc traded above the N5.00 mark on 20 February 2023 and has remained above the N5 mark up until close of business on 30 June 2023. This indicates that FIDELITYBK has been trading above N5 for at least four (4) months in the last six (6) months. Therefore, it should be reclassified from Small price stock to Medium price stock.<\/p>\n","protected":false},"excerpt":{"rendered":"

Nigerian Exchange Limited (\u201cNGX\u201d) has announced the reclassification of Fidelity Bank Plc from Small price stock to Medium price stock.<\/p>\n","protected":false},"author":6,"featured_media":64046,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[8539],"coauthors":[2391],"class_list":["post-74202","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-ngx"],"yoast_head":"\nNGX Reclassifies Fidelity Bank Plc As Medium Price Stock - National Wire<\/title>\n<meta name=\"description\" content=\"Nigerian Exchange Limited (\u201cNGX\u201d) has announced the reclassification of Fidelity Bank Plc from Small price stock to\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/ngx-reclassifies-fidelity-bank-plc-as-medium-price-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NGX Reclassifies Fidelity Bank Plc As Medium Price Stock - National Wire\" \/>\n<meta property=\"og:description\" content=\"Nigerian Exchange Limited (\u201cNGX\u201d) has announced the reclassification of Fidelity Bank Plc from Small price stock to\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalwire.com.ng\/sub\/ngx-reclassifies-fidelity-bank-plc-as-medium-price-stock\/\" \/>\n<meta property=\"og:site_name\" content=\"National Wire\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-22T08:04:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2022\/08\/NGX_Exchange_Identity_RGB.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1146\" \/>\n\t<meta property=\"og:image:height\" content=\"638\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Friday Ekeoba\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/\",\"name\":\"National Wire\",\"description\":\"About Nigerians, Nigerian Business and Other Stories\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ngx-reclassifies-fidelity-bank-plc-as-medium-price-stock\/#primaryimage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2022\/08\/NGX_Exchange_Identity_RGB.png\",\"contentUrl\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2022\/08\/NGX_Exchange_Identity_RGB.png\",\"width\":1146,\"height\":638},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ngx-reclassifies-fidelity-bank-plc-as-medium-price-stock\/#webpage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/ngx-reclassifies-fidelity-bank-plc-as-medium-price-stock\/\",\"name\":\"NGX Reclassifies Fidelity Bank Plc As Medium Price Stock - National Wire\",\"isPartOf\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ngx-reclassifies-fidelity-bank-plc-as-medium-price-stock\/#primaryimage\"},\"datePublished\":\"2023-07-22T08:04:11+00:00\",\"dateModified\":\"2023-07-22T08:04:11+00:00\",\"author\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\"},\"description\":\"Nigerian Exchange Limited (\u201cNGX\u201d) has announced the reclassification of Fidelity Bank Plc from Small price stock to\",\"breadcrumb\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ngx-reclassifies-fidelity-bank-plc-as-medium-price-stock\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationalwire.com.ng\/sub\/ngx-reclassifies-fidelity-bank-plc-as-medium-price-stock\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ngx-reclassifies-fidelity-bank-plc-as-medium-price-stock\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationalwire.com.ng\/sub\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NGX Reclassifies Fidelity Bank Plc As Medium Price Stock\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\",\"name\":\"Friday Ekeoba\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"NGX Reclassifies Fidelity Bank Plc As Medium Price Stock - National Wire","description":"Nigerian Exchange Limited (\u201cNGX\u201d) has announced the reclassification of Fidelity Bank Plc from Small price stock to","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationalwire.com.ng\/sub\/ngx-reclassifies-fidelity-bank-plc-as-medium-price-stock\/","og_locale":"en_US","og_type":"article","og_title":"NGX Reclassifies Fidelity Bank Plc As Medium Price Stock - National Wire","og_description":"Nigerian Exchange Limited (\u201cNGX\u201d) has announced the reclassification of Fidelity Bank Plc from Small price stock to","og_url":"https:\/\/nationalwire.com.ng\/sub\/ngx-reclassifies-fidelity-bank-plc-as-medium-price-stock\/","og_site_name":"National Wire","article_published_time":"2023-07-22T08:04:11+00:00","og_image":[{"width":1146,"height":638,"url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2022\/08\/NGX_Exchange_Identity_RGB.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Friday Ekeoba","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/nationalwire.com.ng\/sub\/#website","url":"https:\/\/nationalwire.com.ng\/sub\/","name":"National Wire","description":"About Nigerians, Nigerian Business and Other Stories","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationalwire.com.ng\/sub\/ngx-reclassifies-fidelity-bank-plc-as-medium-price-stock\/#primaryimage","url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2022\/08\/NGX_Exchange_Identity_RGB.png","contentUrl":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2022\/08\/NGX_Exchange_Identity_RGB.png","width":1146,"height":638},{"@type":"WebPage","@id":"https:\/\/nationalwire.com.ng\/sub\/ngx-reclassifies-fidelity-bank-plc-as-medium-price-stock\/#webpage","url":"https:\/\/nationalwire.com.ng\/sub\/ngx-reclassifies-fidelity-bank-plc-as-medium-price-stock\/","name":"NGX Reclassifies Fidelity Bank Plc As Medium Price Stock - National Wire","isPartOf":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nationalwire.com.ng\/sub\/ngx-reclassifies-fidelity-bank-plc-as-medium-price-stock\/#primaryimage"},"datePublished":"2023-07-22T08:04:11+00:00","dateModified":"2023-07-22T08:04:11+00:00","author":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927"},"description":"Nigerian Exchange Limited (\u201cNGX\u201d) has announced the reclassification of Fidelity Bank Plc from Small price stock to","breadcrumb":{"@id":"https:\/\/nationalwire.com.ng\/sub\/ngx-reclassifies-fidelity-bank-plc-as-medium-price-stock\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nationalwire.com.ng\/sub\/ngx-reclassifies-fidelity-bank-plc-as-medium-price-stock\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/nationalwire.com.ng\/sub\/ngx-reclassifies-fidelity-bank-plc-as-medium-price-stock\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nationalwire.com.ng\/sub\/"},{"@type":"ListItem","position":2,"name":"NGX Reclassifies Fidelity Bank Plc As Medium Price Stock"}]},{"@type":"Person","@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927","name":"Friday Ekeoba","url":"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/"}]}},"_links":{"self":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/74202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/comments?post=74202"}],"version-history":[{"count":1,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/74202\/revisions"}],"predecessor-version":[{"id":74203,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/74202\/revisions\/74203"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media\/64046"}],"wp:attachment":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media?parent=74202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/categories?post=74202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/tags?post=74202"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/coauthors?post=74202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}