Friday March 25,  2022/ 11:40 PM / by NASD Plc/ Header Image Credit:  NASD Plc 

Year-to-Date Overview 

NASD OTC Securities Exchange Market closed on a Negative note YTD as the market recorded a decrease in performance. NASD Security Index Year-to-date returns decreased by 2.66%. Total volume traded Year-to-Date stands at 2,997,218,057 units in 521 deals and the total Value traded is N16,255,777,046.67.

Week 12 Overview 

NASD OTC Securities Exchange Index closed the week with a Positive movement on the NSI. The NSI return increased by 1.82% to close the week at 723.12 points against 710.19 on Friday, March 18, 2022. 

Week 12 saw NASD Investors lose N4.25 Billion value in Market capitalization. NASD OTC Market capitalization closed at N597.13 Billion compared to N601.38 Billion on Friday, March 18, 2022, due to negative movement in prices and the delisting of Providus Bank from the NASD OTC Exchange.

 There was a 1786.92% increase in the total value traded during the week, as week 12 saw NASD Investors trade a total of N1,297,603,612.42 in value compared to N68,768,365.62 in the previous week. Total trade activity for the year is valued at N16,255,777,046.67.  

Total volume traded during the week was 2,258,923,086 units compared to 7,148,454.00 units in the previous week leading to a 31500.16% increase in trade volume compared to week 11. The total volume traded for the year is 2,997,218,057 units.

Top Traded Securities by Volume 

The week closed with AG Mortgage Bank Plc ranking top among the five most traded securities by volume and Friesland Campina Wamco Nigeria Plc as the fifth most traded stock by volume traded in the week.

Top Traded Securities by Values 

The week closed with AG Mortgage Bank Plc ranking top among the five most traded securities by value and Niger Delta Exploration & Production Plc stood as the fifth most traded Security by value for the week.

Top Advancers for the Year 

Friesland Campina Wamco Nigeria Plc, which currently holds a Market Capitalization of N121.55 Billion closed the week at N124.50 representing a 9.11 percent increase from the previous close of N114.10 

NASD Plc, which currently holds a Market Capitalization of N6.14 Billion closed the week at N13.84 representing a 20.87 percent increase from the previous close of N11.45. 

Afriland Properties Plc, which currently holds a Market Capitalization of N1.55 Billion closed the week at N1.13 representing a 4.74 percent increase from the previous close of N1.08.  

Top Decliners for the Year 

Niger Delta Exploration & Production Plc, which currently holds a Market Capitalization of N32.10 Billion closed the week at N177.00 representing a 1.87 percent decrease from the previous close of N180.38