Friday September 17, 2021 / 11:45
PM / by NASD Plc/ Header Image Credit: NASD Plc
NASD Private Market
The Private Market refers to investments in equity of privately owned companies with a limited number of Shareholders below 50 as stated by the Nigerian Law and Corporate Affairs Commission.
The security of Private Companies can be traded amongst Shareholders and NASD PLC provides an Excellent platform for the exchange of these securities. Focusing on ensuring Transparency, our market structure enables flexibility to create liquidity not just for the Public Market, also the Private Market.
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 0.80%. Total volume traded Year-to-Date stands at 1,963,561,193 units in 4128 deals and total Value traded is N 16,127,633,376.7.
Week 37 Overview
NASD OTC Securities Exchange Index closed the week on a Negative return on NSI. The NSI return decreased by 0.29% to close the week at 735.72 points against 737.87 on Friday September 10, 2021.
Week 37 saw NASD Investors lose N1.87 Billion in value. NASD OTC Market capitalization closed at N639.47 Billion compared to N641.34 Billion on Friday, September 10, 2021 resulting from a Negative movement in prices.
There was a -78.62% decrease in the total value traded during the week, as week 37 saw NASD Investors trade a total of N237,006,827.26 in value compared to N1,108,465,340.07 in the previous week. Total trade activity for the year is valued at N16,127,633,376.7.
Total volume traded during the week was 20,997,661 units compared to 10,264,684 units in the previous week leading to a 104.56% increase in trade volume compared to week 36. Total volume traded for the year is 1,963,561,193 units.
Top Traded Securities by Volume
The week closed with Nigerian Exchange Group PLC ranking top among the five most traded securities by volume and Air Liquide PLC as the fifth most traded stock by volume traded in the week.
Top Traded Securities by Values
The week closed with Nigerian Exchange Group PLC ranking top among the five most traded securities by value and Central Securities Clearing Systems PLC stood as the fifth most traded Security by value for the week.
Advancers for the Week
NASD PLC, which currently holds a Market Capitalization of N3.17 Billion closed the week at N7.14 representing a 40.00 percent increase from the previous close of N5.10.
Friesland Campina Wamco Nigeria PLC, which currently holds a Market Capitalization of N119.11 Billion closed the week at N122.00 representing a 0.79 percent increase from the previous close of N121.05.
Decliners for the Week
Nigerian Exchange Group PLC, which currently holds a Market Capitalization of N24.31 Billion closed the week at N12.84 representing a 20.74 percent decrease from the previous close of N16.20.
Acorn Petroleum PLC, which currently holds a Market Capitalization of N300 Million closed the week at N0.15 representing a 11.77 percent decrease from the previous close of N0.17.
Food Concepts PLC, which currently holds a Market Capitalization of N4.38 Billion closed the week at N0.75 representing a 6.25 percent decrease from the previous close of N0.80.