November 27, 2020 / 08:48 AM / 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 return rose by 5.51%. Total volume traded Year-to-Date stands at 7,912,794,137 units in 1390 deals and total Value traded is N11,940,616,151.03.
Week 48 Overview
NASD OTC Securities Exchange closed the week with a negative return on NSI. The NSI return fell by -0.07% to close the week at 735.99 points against 736.53 points on the preceding Friday, November 20 2020.
In addition, Week 48 saw NASD Investors lose N0.40 Billion in value. NASD OTC Market capitalization closed at N547.06 Billion compared to N547.46 Billion in the preceding Friday, resulting from a negative movement of prices.
There was a 24.59% increase in the total value traded during the week as week 48 saw NASD Investors trade a total of N62,945,182.30 in value compared to N50,521,182.55 in the previous week. Total trade activity for the year is valued at N11,940,616,151.03.
Total volume traded during the week was 1,362,777.00 units compared to 32,455,354.00 units in the previous week leading to a -95.80% decrease in trade volume compared to week 47. Total volume traded for the year is 7,912,794,137 units.
Top Traded Securities by Volume
The week closed with Industrial and General Insurance 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 FrieslandCampina Wamco Nigeria Plc ranking top among the five most traded securities by value and Afriland Properties Plc stood as the fifth most traded Security by value for the week.
Advancers for the Week
There were no advancers in the week.
Decliners for the Week
One of NASD OTC Securities closed the week with a significant drop in value. Central Securities Clearing System Plc, which currently holds a Market Capitalization of N72.5 Billion closes the week at N14.5 representing a -0.55 percent decrease from the previous close of N14.58.