27, 2021 / 08:20 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 3.74%. Total volume traded Year-to-Date stands at 24,201,001 units in 240 deals and total Value traded is N602,063,298.00.
Week 8 Overview
NASD OTC Securities Exchange closed the week with a negative return on NSI. The NSI return fell by 0.49% to close the week at 713.91 points against 717.43 points on Friday, February 19, 2021.
In addition, Week 8 saw NASD Investors lose N7.37 Billion in value. NASD OTC Market capitalization closed at N512.24 Billion compared to N514.76 Billion on Friday, February 19, 2021, resulting from a Negative movement of prices.
There was a 62.44% decrease in the total value traded during the week as week 8 saw NASD Investors trade a total of N31,620,556.00 in value compared to N84,184,830.00 in the previous week. Total trade activity for the year is valued at N602,063,298.00.
Total volume traded during the week was 370,270 units compared to 2,535,707 units in the previous week leading to a 85.40% decrease in trade volume compared to week 7. Total volume traded for the year is 24,201,001. units.
Top Traded Securities by Volume
The week closed with Central Securities Clearing System Plc ranking top among the five most traded securities by volume and Mixta Real Estate Plc as the fifth 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 five most traded securities by value and Mixta Real Estate Plc stood as the fifth most traded Security by value for the week.
Advancers for the Week
Central Securities Clearing System Plc, which currently holds a Market Capitalization of N82.50 Billion closed the week at N16.50 representing a 3.125 percent increase from the previous close of N16.00.
Decliners for the Week
Niger Delta Exploration & Production Plc, which currently holds a Market Capitalization of N53.11 Billion closed the week at -292.82 representing a 2.98 percent decrease from the previous close of N301.84.
FriesLand Campina Wamco Nigeria Plc, which currently holds a Market Capitalization of N116.60 Billion closed the week at -119.43 representing a 2.82 percent decrease from the previous close of N122.90.