NASD Introduces Trade Alert Notification Service; CSCS Holds 24th AGM

Proshare

Saturday, May 26, 2018 /09:20 AM / NASD Plc
 

The Week in Review

The NASD OTC Market ends the week with a decrease in market metrics, as the NASD USI decreased by 1.63%, closing at 664.38 points (as against 675.43 points last Friday). Consequently, total market capitalization shed 1.63% this week, closing lower at 449.61 billion compared to 457.08 billion last Friday. 

Introduction of Trade Alert Notification Service.

NASD launched its proprietary trading platform (BITs) on 9 April, 2018 to provide Authorised Traders perform trades more conveniently on behalf of their brokerage clients. To further enhance service delivery and client satisfaction, NASD conducts regular modifications to improve the system, to promote transparency and market integrity.

In this regard,  we have created a Trade Alert Notifications Service into the BITS system. This service will notify all Investors on the OTC platform with timely and accurate information on  deals consummated on their brokerage account(s).

Investors with portfolios trading under the NASD OTC Market would receive daily SMS notifications at the close of trade. Trade Alerts will only be sent to an investor's registered mobile number with The Central Securities Clearing System PLC (CSCS) as from Friday 1 June, 2018.

Each trade alert will contain the following:

•           Investor Name

•           Investor Account Number

•           Trade Date

•           Stockbroking House Firm Code

•           Security Traded

•           Units Traded

•           Price Traded

•           General Market Closing Price of the Security

We believe that with this service, Investors will get adequate first-hand information from the Exchange on all transactions on their account, which can be confirmed by their chosen Participating Institution.

Central Securities Clearing System Plc. to Hold 24th Annual General Meeting

This is to inform members of Central Securities Clearing System Plc. (SDCSCSPLC) that the 24th Annual General Meeting of the Company will hold as follows:

       Date: Monday, 28 May 2018

       Venue: Federal Palace Hotel, 6-8 Ahmadu Bello Way, Victoria Island, Lagos

       Time: 11:00 AM prompt

 

To download the 2017 Annual Report, kindly visit

https://cscsnigeriaplc.com/documents/1174203/CSCS%202017%20e-ANNUAL%20REPORT.PDF

 

Below is a summary of its financial performance for the year end 31 December, 2017:

*For financial year ending on 31 December 2017, CSCS PLC has reported:

       Total Operating Income Growth : 40.77%

       Profit After Tax Increased : 39.04%

       Share Price Increased: 29.0%

       Shareholder's Fund Increased : 14.0%

 

Trade Summary

Top Traded Securities by Volume

SYMBOL

VOLUME ('000)

(%)

SDAFRILAND

34,195

99.29

SDFCWAMCO

91

0.27

SDCSCSPLC

76

0.22

SDNDEP

71

0.20

SDMIXREAL

1

0.004


Top Traded Securities by Value - Week 21

SYMBOL

VALUE ('000)

(%)

SDAFRILAND

109,424

80.80

SDFCWAMCO

16,678

10.10

SDNDEP

11,472

8.47

SDCSCSPLC

834

0.62

SDCAPDBETO

6

0.001


Gainer

Security 

Close Price (₦)

Previous Close (₦)

Change (%)

AFRILAND PROPERTIES PLC

3.20

3.15

1.59


Losers

Security 

Close Price (₦)

Previous Close (₦)

Change (%)

CENTRAL SECURITIES CLEARING SYSTEM PLC

10.00

10.60

(5.66)

FRIESLAND CAMPINA WAMCO NIGERIA  PLC

150.00

155.00

(3.22)

 

Market in Numbers (YTD)

Admitted Securities

35

Registered Brokers

218

Participating Institutions

127

Market Capitalisation

 ₦449.61 billion

Total Share Capital

119.72 billion

Volume Dematerialised

38.34 billion

Dematerialised Percentage

32.02%

Volume of trades (YTD)

1.00 billion

Number of trades (YTD)

1,165

Value traded (YTD)

 ₦4.87 Billion

 

Macroeconomic Indicators 

Real GDP Growth (YoY)

1.95%

Inflation (YoY)

12.48%

CPI (2009 base)

237.02

Monetary Policy Rate (MPR)

14%

Crude Oil Price

$76.11

Exchange Rate (US$)

₦360.50:$1

Exchange Rate (Yuan)

₦56.47:¥1

Exchange Rate (CFA)

₦0.64:CFA1

 

 

Proshare Nigeria Pvt. Ltd.


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