The NGX Consumer Goods sector is home to some of the market’s biggest players, which are large-cap companies whose price swings can set the tone for the broader index.
Tracked by the NGX Consumer Goods Index, the sector commands a market capitalization of over N18 trillion, often neck and neck with the Industrial Goods sector for the top spot.
One of the defining features of this sector is the sheer size of its companies’ balance sheets, particularly their total assets.