Saturday December 05, 2020 / 03:18 AM / by NASD Plc/ Header Image Credit: NASD Plc
NASD OTC Securities Exchange Market closed on a positive note YTD as the market recorded an increase in performance. NASD Security Index Year to date return rose by 3.15%. Total volume traded Year-to-Date stands at 7,914,258,808 units in 1423 deals and total Value traded is N12,288,577,320.03.
Week 48 Overview
NASD OTC Securities Exchange closed the week with a negative return on NSI. The NSI return fell by -2.24% to close the week at 719.53 points against 735.99 points on the preceding Friday, December 04 2020.
In addition, Week 49 saw NASD Investors lose N12.23 Billion in value. NASD OTC Market capitalization closed at N534.83 Billion compared to N547.06 Billion in the preceding Friday, resulting from a negative movement of prices.
There was a 452.80% increase in the total value traded during the week as week 49 saw NASD Investors trade a total of N347,961,169.00 in value compared to N62,945,182.30 in the previous week. Total trade activity for the year is valued at N12,288,577,320.03.
Total volume traded during the week was 1,464,671.00 units compared to 1,362,777.00 units in the previous week leading to a 7.48% increase in trade volume compared to week 48. Total volume traded for the year is 7,914,258,808 units.
Top Traded Securities by Volume
The week closed with Niger delta exploration and production Plc ranking top among the five most traded securities by volume and Industrial & General Insurance 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 and production Plc ranking top among the five most traded securities by value and Industrial & General Insurance Plc stood as the fifth most traded Security by value for the week.
Advancers for the Week
There were no advancers in the week.
Decliners for the Week
Two of NASD OTC Securities closed the week with a significant drop in value. Niger delta exploration and production Plc, which closes the week at N325.15 representing a -7.50 percent decrease from the previous close of N300.76.
Friesland Campina Wamco Nigeria PLC Plc, which closes the week at N140.00 representing a -5.71 percent decrease from the previous close of N132.00