Friday March 18,  2022 / 06:11 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 4.55%. Total volume traded Year-to-Date stands at 738,294,971 units in 500 deals and the total Value traded is N14,958,173,434.25.

Week 11 Overview 

NASD OTC Securities Exchange Index closed the week with a Negative movement on the NSI. The NSI return decreased by 3.26% to close the week at 710.19 points against 734.16 on Friday, March 11, 2022.

Week 11 saw NASD Investors lose N20.29 Billion value in Market capitalization. NASD OTC Market capitalization closed at N601.38 Billion compared to N621.67 Billion on Friday, March 11, 2022, due to negative movement in prices

There was a 51.63% decrease in the total value traded during the week, as week 11 saw NASD Investors trade a total of N68,768,365.62 in value compared to N158,557,651.55 in the previous week. Total trade activity for the year is valued at N14,958,173,434.25.

Total volume traded during the week was 7,148,454.00 units compared to 10,663,905 units in the previous week leading to a 32.97% decrease in trade volume compared to week 10. The total volume traded for the year is 738,294,971 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 NIPCO Plc as the fifth most traded stock by volume traded in the week.

Top Traded Securities by Values 

The week closed with Central Securities Clearing System Plc ranking top among the five most traded securities by value and NASD Plc stood as the fifth most traded Security by value for the week.

Top Advancers for the Year 

NASD Plc, which currently holds a Market Capitalization of N5.08 Billion closed the week at N11.45 representing a 9.57 percent increase from the previous close of N10.45.

UBN Property Plc, which currently holds a Market Capitalization of N7.08 Billion closed the week at N1.26 representing a 9.57 percent increase from the previous close of N1.15.

Top Decliners for the Year 

Central Securities Clearing System Plc, which currently holds a Market Capitalization of N85.00 Billion closed the week at N17.00 representing a 7.61 percent decrease from the previous close of N18.40.

Friesland Campina Wamco Nigeria Plc, which currently holds a Market Capitalization of N111.39 Billion closed the week at N114.10 representing a 8.84 percent decrease from the previous close of N125.16

Niger Delta Exploration & Production Plc, which currently holds a Market Capitalization of N32.72 Billion closed the week at N180.38 representing a 9.81 percent decrease from the previous close of N200.00