OTC Market Receives Volume Traction Even as the Economy Slows

Friday, August 19, 2016 8:06PM /NASD OTC

Transactions on the OTC Market recorded a significant increase in transactions deals and deal volume as at the end of the first half of 2016, relative to the same period in 2015. This is represented by an increase of 373% and 216% respectively.

However, the value of securities traded plunged with a 32% decline relative to the same period in 2015.

We at NASD do believe that as the economy begins to see an alignment in fiscal and monetary policies, activities on the market will have all its indicators green.



As at Friday, 19 August 2016, the index closed at 651.98 points (down 0.03 % on previous close of 652.20 points).

TOP 5 TRADING SECURITIES 2016  (YTD-19 August 2016)

Top 5 Trading Securities (YTD) - By Volume

 
Top 5 Trading Securities (YTD) - By Value

PI ACTIVITY - FOR THE WEEK ENDED 19 August 2016

Top 10 by Participating Institutions by Value

Top 10 by Participating Institutions by Volume

MARKET IN NUMBERS (YTD - 19 August 2016)

MACRO-ECONOMIC INDICATORS 19 -August -2016

Sources:†- National Bureau of Statistics
‡- Central Bank of Nigeria

CLOSING PRICES AS AT 19 August 2016

 

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