08, 2021 / 09:30 PM / 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 return fell by 0.03%. Total volume traded Year-to-Date stands at 111,434 units in 13 deals and total Value traded is N15,210,737.50.
Week 1 Overview
NASD OTC Securities Exchange closed the week with a positive return on NSI. The NSI return rose by 1.15% to close the week at 741.45 points against 733.00 points on Thursday, December 31 2020.
In addition, Week 1 saw NASD Investors gain N6.06 Billion in value. NASD OTC Market capitalization closed at N532.00 Billion compared to N525.94 Billion on Thursday, December 31 2020, resulting from a positive movement of prices.
There was a 203.10% increase in the total value traded during the week as week 1 saw NASD Investors trade a total of N15,210,737.50 in value compared to N5,018,372.80 in the previous week. Total trade activity for the year is valued at N15,210,737.50.
Total volume traded during the week was 111,434.00 units compared to 1,123,675.00 units in the previous week leading to a 90.08% decrease in trade volume compared to week 52. Total volume traded for the year is 111,434.00 units.
Top Traded Securities by Volume
The week closed with Central Securities Clearing System Plc ranking top among the four most traded securities by volume and Nipco 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 Nipco 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.
Central Securities Clearing System Plc, which currently holds a Market Capitalization of N79.50 Billion closes the week at N15.9 representing a 5.65 percent increase from the previous close of N15.05.
Niger Delta Exploration and Production Plc, which currently holds a Market Capitalization of N63.49 Billion closes the week at N350.00 representing a 2.94 percent increase from the previous close of N340.00.
Decliners for the Week
There is no Decliner for the week.