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Unlisted OTC MARKET | |
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Monday, February 26, 2018 /8:35 AM /
NASD Plc
CSCS Plc. (SDCSCSPLC) shares are off to a blistering start in 2018,
having risen by roughly 48% so far. The sharp YTD rise
reflects investors’ strong earnings growth expectations to further improve the
fundamentals of the Company. Consequently,
total market capitalisation has grown from its year open of ₦53.7
billion to a close of ₦79 billion as at Friday, 23 February, 2018.
Earlier this year, CSCS Plc. unveiled its
Three-year strategy plan (2018-2020). This new growth plan is predicated on
five (5) key pillars which include: Focus on technology, customer centricity,
process optimization, forging strategic alliances to expand the capital market
ecosystem and revenue growth.
NASD continues to play its role in the growth of Nigerian enterprises by
providing a transparent platform where investors can unlock hidden value in
their investments.
The Week in Review: OTC Market Sustains
Positive Momentum
The NASD OTC Market
extends its week-on-week momentum, as the NASD USI advanced by
1.34%, closing at 664.76 points (as
against 655.96 points last Friday). Consequently,
total market capitalisation increased by 1.34% this week, closing higher
at ₦449.86 billion compared to ₦443.90 billion last Friday.
Trade Summary
NASD OTC Securities
Exchange currently trades Equity and Bonds. Of the 36 securities
admitted to trade on the OTC Market, Central Securities Clearing
System PLC led the market by volume and value.
Top Performing Participating
Institutions
Our community consists of 233 Authorised Traders, representing 129
Participating Institutions..
Market in Numbers (YTD)
Macroeconomic Indicators
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