NASD OTC Securities declines by 0.23% as imvestors lose N1.25bn

NASD OTC Securities Exchange closed last week with a negative return on NSI. The NSI return fell by -0.23 per cent to close the week at 712.54 basis points against 714.21 basis points against preceding week.

Also, week 37 saw NASD Investors lose N1.25 billion in value. NASD OTC Market capitalization closed at N524.64 billion compared to N524.64billion in the preceding Friday, resulting from a negative movement of prices.

In the same pattern, the volume traded during the week were 640,354.00 units compared to 75,289.00 units in the previous week leading to a 750.53 per cent decrease in trade volume compared to week 37. Total volume traded for the year is 7,823,551,787 units.

The week closed with Central Securities Clearing System Plc ranking top among five most traded securities by volume and Firsttrust Mortgage Bank Plc as the fifth most traded stock by volume in week 37.

The week closed with Niger Delta Exploration and Production Plc ranking top among five most traded securities by value and Food Concepts Plc stood as the fifth most traded Security by Value for the week.

One of NASD OTC stocks closed the week with a positive movement in price. Central Securities Clearing System Plc, which currently holds a Market Capitalization of N122.04 billion closes the week at N125 representing a 2.88 per cent increase from the previous close of N121.5.

One of NASD OTC stocks closed the week with a negative movement in price. Central Securities Clearing System Plc, which currently holds a Market Capitalization of N942.5 billion closes the week at ₦14.5 representing a -6.41 per cent decrease from the previous close of N13.57.

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 2.15per cent. Total volume traded Year-to-Date stands at 7,823,551,787 units in 1107 deals and total Value traded is N10,747,515,077.41.