Introducing NASD OTC "BLUE" Securities


Thursday, November 30, 2017 /7:00 PM / NASD Plc 

NASD OTC Securities Exchange recently commenced a classification of admitted securites by level of disclosure, corporate governance and financial responsibility. Classifications are:

Blue Category
: shares of companies with a history of sound financial performance. These companies display a high level of corporate governance by timely disclosure of their financial statements, regular communication with shareholders and meet the minimum requirements of the Securities and Exchange Commission. 

Pink Category
: shares of companies that do not comply with the minimum disclosure and reporting requirements of SEC and NASD. Companies in this category may not have current information available to the public. 

Blue Category Securities
As at Thursday, 30 November, 2017, Twelve (12) out of Thirty-Four (34) securities met the criteria for the Blue Category, representing 32% of the securities admitted to trade on the OTC Market. These securities account for 18% of the Volume and 91% of the Value traded on the OTC Market year-to-date.

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Invitation to NASD CEO's Forum
We are pleased to invite ALL CEO's of NASD registered Participating Institutions to the third edition of the CEO’s forum where we share Market Development activities and address any issues or concerns in the OTC market within our Community. Details are as follows: 

Date:    Tuesday, 5 December 2017

Venue:  Meeting Room 3, Westwood Hotel, 22, Awolowo Road, Ikoyi, Lagos

Time:    3.00pm

The Week in Review
NASD closed its trading day on Friday 30, November 2017 lower compared to last Friday. The Market Capitalisation shed 0.55% this week, closing lower at 406.03 billion against 408.30 billion previously. The NASD USI also decreased by 0.55% this week, closing at  599.99 points, as against 600.70 points last Friday.

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Trade Summary
NASD OTC Securities Exchange currently trades Equity and Bonds. Of the 34 securities admitted to trade on the OTC Market, Friesland Campina Wamco Nigeria PLC both led the market by volume and value.

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Top Performing Participating Institutions
Our community consists of 233 Authorised Traders, representing 129 Participating Institutions..

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Market in Numbers (YTD)

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Macroeconomic Indicators 

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