If effort is made to create an index,its unfair to say “this does not really matter”, index serves its purpose and is a wellcomed developement. Least to say for academic and qualitative financial analysis work.
Please they need to be encouraged, liquidation in Stock exchange anywhere is a classical result of onset of recession. We should be pressuring the stimulation of economic activity through government spending in infrastructure, a repeat of Fashola formulation nationwide will increase demand,output,employment,and income generally