Friday July 30, 2021 / 08:50
PM / 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 returns increased by 1.46%. Total volume traded Year-to-Date stands at 1,832,974,495 units in 3330 deals and total Value traded is N 12,817,551,566.
Week 30 Overview
NASD OTC Securities Exchange Index closed the week on a Negative return on NSI. The NSI return decreased by 0.26% to close the week at 752.5 points against 754.43 on Friday July 23, 2021.
Week 30 saw NASD Investors lose N1.93 Billion in value. NASD OTC Market capitalization closed at N654.05 Billion compared to N655.73 Billion on Friday, July 23, 2021, resulting from a Positive movement in prices.
There was a 300.59% increase in the total value traded during the week, as week 30 saw NASD Investors trade a total of N723,928,643 in value compared to N180,716,948 in the previous week. Total trade activity for the year is valued at N12,817,551,566.
Total volume traded during the week was 305,626,177 units compared to 8,822,556 units in the previous week leading to a 3364.15% increase in trade volume compared to week 29. Total volume traded for the year is 1,832,974,495 units.
Top Traded Securities by Volume
The week closed with Food Concepts PLC ranking top among the five most traded securities by volume and Afriland Properties PLC as the fifth most traded stock by volume traded in the week.
Top Traded Securities by Values
The week closed with Food Concepts 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.
Advancers for the Week
The week recorded no Advancers as the OTC market experienced a Bearish run.
Decliners for the Week
Afriland Properties PLC, which currently holds a Market Capitalization of N1.71 Billion closed the week at N1.25 representing a 7.41 percent decrease from the previous close of N1.35.
Nigerian Exchange Group PLC, which currently holds a Market Capitalization of N31.33 Billion closed the week at N16.49 representing a 3.74 percent decrease from the previous close of N17.13.
Central Securities Clearing System PLC, which currently holds a Market Capitalization of N92.25 Billion closed the week at N18.45 representing a 0.27 percent decrease from the previous close of N18.50.
Friesland Campina Wamco Nigeria PLC, which currently holds a Market Capitalization of N117.20 Billion closed the week at N120.05 representing a 0.03 percent decrease from the previous close of N120.08.