NASD: SDACCESS

Company Name:     Access Bank PLC     

Symbol Code:            SDACCESS 

Background:

Access Bank Plc delisted from the Nigerian Exchange (NGX) on Thursday 24 March 2022 following the Scheme of Arrangement in December 2021. While the Holding company remains listed on NGX, the entire share capital of Access Bank Plc was admitted to NASD as an Admission of Company on Monday 28, March 2022. 

Summary

Issued Share of 50k admitted (Units):     35,545,225,622

Admission Price (N):           9.95

Market Capitalisation of Access Bank (N):          353,674,994,938.90

Signed Management.

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 2.47%. Total volume traded Year-to-Date stands at 3,004,575,282 units in 549 deals and the total Value traded is N16,304,005,898.13.

Week 13 Overview 

NASD OTC Securities Exchange Index closed the week with a Positive movement on the NSI. The NSI return increased by 0.19% to close the week at 724.49 points against 723.12 on Friday, March 25, 2022. 

Week 13 saw NASD Market capitalization increase by N355.49 Billion in value. NASD OTC Market capitalization closed at N952.62 Billion compared to N597.13 Billion on Friday, March 25, 2022, due to the listing of Access Bank PLC on the NASD OTC Exchange.

There was a 96.28% decrease in the total value traded during the week, as week 13 saw NASD Investors trade a total of N48,228,851.46 in value compared to N1,297,603,612.42 in the previous week. Total trade activity for the year is valued at N16,304,005,898.13. 

Total volume traded during the week was 7,357,225 units compared to 2,258,923,086 units in the previous week leading to a 99.67% decrease in trade volume compared to week 12. The total volume traded for the year is 3,004,575,282 units.

Top Traded Securities by Volume 

The week closed with Industrial and General Insurance Plc ranking top among the five most traded securities by volume and Central Securities Clearing System Plc as the fifth most traded stock by volume traded in the week.

Top Traded Securities by Values 

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

Top Advancers for the Year 

Central Securities Clearing System Plc, which currently holds a Market Capitalization of N86.65 Billion closed the week at N17.33 representing a 1.94 percent increase from the previous close of N17.00 

Niger Delta Exploration & Production Plc, which currently holds a Market Capitalization of N32.65 Billion closed the week at N180.00 representing a 1.70 percent increase from the previous close of N177.00 

Friesland Campina Wamco Nigeria Plc, which currently holds a Market Capitalization of N122.04 Billion closed the week at N125.00 representing a 0.40 percent increase from the previous close of N124.50

Top Decliners for the Year 

NASD Plc, which currently holds a Market Capitalization of N5.33 Billion closed the week at N12.00 representing a 13.30 percent decrease from the previous close of N13.84. 

Afriland Properties Plc, which currently holds a Market Capitalization of N1.49 Billion closed the week at N1.09 representing a 3.54 percent decrease from the previous close of N1.13.