06, 2021 / 08:30 AM / by NASD Plc/ Header Image
Credit: NASD Plc
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 fell by 5.98%. Total volume traded Year-to-Date stands at 26,650,671 units in 275 deals and total Value traded is N667,234,740.00.
Week 9 Overview
NASD OTC Securities Exchange closed the week with a negative return on NSI. The NSI return fell by 2.33% to close the week at 697.3 points against 713.91 points on Friday, February 26, 2021.
In addition, Week 9 saw NASD Investors lose N11.92 Billion in value. NASD OTC Market capitalization closed at N500.32 Billion compared to N512.24 Billion on Friday, February 26, 2021, resulting from a Negative movement of prices.
There was a 106.10% increase in the total value traded during the week as week 9 saw NASD Investors trade a total of N65,171,442.00 in value compared to N31,620,556.00 in the previous week. Total trade activity for the year is valued at N667,234,740.00.
Total volume traded during the week was 2,449,670 units compared to 370,270 units in the previous week leading to a 561.59% increase in trade volume compared to week 8. Total volume traded for the year is 26,650,671 units.
Top Traded Securities by Volume
The week closed with Acorn Petroleum Plc ranking top among the five most traded securities by volume and Central Securities Clearing System Plc as the fifth most traded stock by volume traded in the week.
Top Traded Securities by Values
The week closed with Friesland Campina Wamco Plc ranking top among the five most traded securities by value and Food Concepts Plc stood as the fifth most traded Security by value for the week.
Advancers for the Week
Acorn Petroleum Plc, which currently holds a Market Capitalization of N340.00 Million closed the week at N0.17 representing a 6.25 percent increase from the previous close of N0.16.
Friesland Campina Wamco Plc, which currently holds a Market Capitalization of N117.49 Billion closed the week at N120.34 representing a 0.76 percent increase from the previous close of N119.43.
Decliners for the Week
Niger Delta Exploration & Production Plc, which currently holds a Market Capitalization of N48.98 Billion closed the week at N270.00 representing a 7.79 percent decrease from the previous close of N292.82.
Central Securities Clearing System Plc, which currently holds a Market Capitalization of N78.60 Billion closed the week at N15.72 representing a 4.72 percent decrease from the previous close of N16.50