NASD OTC Market CAP Decreased By -2.59% WoW to Close at N523.37bn

Thursday December 24, 2020 / 06:35 PM / by NASD Plc/ Header Image Credit:  NASD Plc

Year-to-Date Overview

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 4.57%. Total volume traded Year-to-Date stands at 7,929,201,837 units in 1490 deals and total Value traded is N12,683,107,479.08.

Week 52 Overview

NASD OTC Securities Exchange closed the week with a positive return on NSI. The NSI return rose by 0.91% to close the week at 729.41 points against 722.82 points on Friday, December 18 2020.

In addition, Week 52 saw NASD Investors lose N13.90 Billion in value. NASD OTC Market capitalization closed at N523.37 Billion compared to N537.27 Billion on Friday, December 18 2020, resulting from a negative movement of prices.

There was a 64.81% decrease in the total value traded during the week as week 52 saw NASD Investors trade a total of N33,266,963.80 in value compared to N94,522,966.80 in the previous week. Total trade activity for the year is valued at N12,683,107,479.08.

Total volume traded during the week was 3,115,608.00 units compared to 5,370,977.00 units in the previous week leading to a 41.99% decrease in trade volume compared to week 51. Total volume traded for the year is 7,929,201,837 units.

Top Traded Securities by Volume

The week closed with Geo-Fluids Plc ranking top among the four most traded securities by volume and Central Securities Clearing System Plc as the fourth most traded stock by volume traded in the week.

Top Traded Securities by Values

The week closed with Niger Delta Exploration and Production Plc ranking top among the four most traded securities by value and Central securities clearing system Plc stood as the fourth most traded Security by value for the week.

Advancers for the Week

Two of NASD OTC Stocks closed the week with a significant increase in  value.

Geo-Fluids Plc, which currently holds a Market Capitalization of N2.68 Billion closes the week at N0.63 representing a 18.87 percent increase from the previous close of N0.53.

Niger Delta Exploration and Production Plc, which currently holds a Market Capitalization of N59.61 Billion closes the week at N328.60 representing a 7.74 percent increase from the previous close of N305.00.

Decliners for the Week

There were no Decliners in the week

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