Year-to-Date Overview

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 decreased by 5.54%. Total volume traded Year-to-Date stands at  3,853,551,025units in 2648 deals and the total Value traded is ₦ 27,849,684,270.21 

Week 51  Overview

NASD OTC Securities Exchange Index closed the week with a negative movement on the NSI. The NSI return decreased by 0.61% to close the week at 704.00 points against 708.32 on Friday, December  16, 2022.

Week 51 saw NASD Investors lose ₦5.68 Billion value in Market capitalization. NASD OTC Market capitalization closed at ₦925.06 Billion compared to ₦930.74 Billion on Friday,  December 16, 2022, due to negative movement in prices.

There was a 598.54% increase in the total value traded during the week, as week 51 saw NASD Investors trade a total of ₦223,943,426.10 in value compared to ₦32,058,720.60 in the previous week. Total trade activity for the year is valued at ₦ 27,849,684,270.21 

The total volume traded during this week was 45,980,719 units compared to 10,402,772 units in the previous week leading to a 342.00% increase in trade volume compared to week 50. The total volume traded for the year is  3,853,551,025 units.

Top Traded Securities by Volume

The week closed with Nigeria Mortgage Refinance company  Plc ranking top among the five most traded securities by volume and Friesland Campina Wamco Nigeria Plc as the fifth most traded stock by volume traded in the week.

Top Traded Securities by Values

The week closed with Nigeria Mortgage Refinance company Plc retaining  top among the five most traded securities by value and Central Securities Clearing System Plc as the fifth most traded security by value traded in the week.

Top Advancers for the Week.

Afriland properties Plc, which currently holds a Market Capitalization of ₦2.06Billion closed the week at ₦1.50 representing a 8.70 percent increase from the previous close of ₦1.38.

Friesland Campina Wamco Nigeria Plc , which currently holds a Market Capitalization of ₦64.43 Billion closed the week at ₦66.00 representing a 0.15percent decrease from the previous close of ₦65.90

 Top Decliners for the Week

Niger Delta Exploration and Production Company Plc, which currently holds a Market Capitalization of ₦30.85 Billion closed the week at ₦170.10 representing a 2.80percent decrease from the previous close of ₦175.00.

Central Securities Clearing System Plc, which currently holds a Market Capitalization of ₦62.35 Billion closed the week at ₦12.47 representing a 7.63percent decrease from the previous close of ₦13.50.