Friesland, CSCS Lead Decliners Chart as NASD Security Index Dips
Friesland Campina Wamco Nigeria Plc and Central Securities Clearing Systems (CSCS) topped the losers’ chart this week on NASD Over-the-Counter Securities exchange with 0.19% and 0.57% respective drops.
The NASD Securities Index (NSI) return decreased by 0.10% to close the week at 744.9 points against 745.65 on Friday, November 22, 2021, according to market data.
Market data shows that Friesland Campina is currently valued by investors for ₦116.54 Billion with a unit price at ₦119.42 after it plunged 0.91 per cent from the previous close of ₦120.52.
Also, Central Securities Clearing Systems PLC, which currently holds a market capitaliSation of ₦87.50 Billion closed the week at ₦17.50 representing a 0.57 per cent decrease from the previous close of ₦17.60.
Amidst downturn across the financial market, NASD Over-the-Counter (OTC) Securities Exchange market closed on a positive note, year to date as the market recorded an increase in performance.
NASD Security Index (NSI) year to date returns increased by 0.44% as total volume traded from the beginning of the year to date stands at 12,793,005,060 units in 4827 deals.
Meanwhile, the total value of instruments traded printed at ₦29,973,815,464.05. Data for this week shows that the NASD index closed the week on a negative return on NSI.
The NSI return decreased by 0.10% to close the week at 744.9 points against 745.65 on Friday, November 22, 2021, according to market data.
The week saw NASD investors lose ₦0.62 Billion in value while market capitaliSation closed at ₦615.42 billion compared to ₦616.04 Billion on Friday, November 22, 2021, resulting from a negative movement in prices.
There was a 105.64% increase in the total value traded during the week as NASD Investors trade a total of ₦34,844,811.62 in value compared to ₦16,944,576.42 in the previous week.
12-month data shows that total trade activity for the year is valued at ₦29,973,815,464.05 as the volume of transactions conducted settled at 12,793,005,060 units.
However, the total volume traded during the week was 2,343,889 units compared to 782,454 units in the previous week leading to a 199.56% increase in trade volume compared to week 46.
The week closed with Central Securities Clearing Systems PLC ranking top among the five most traded securities by volume and NIPCO PLC as the fifth most traded stock by volume traded in the week.
Also, Central Securities Clearing Systems PLC ranks top among the five most traded securities by value and NIPCO PLC stood as the fifth most traded Security by value for the week.
NASD PLC, which currently holds a market capitalization of ₦11.20 Billion closed the week at ₦25.22 representing a 9.32 per cent increase from the previous close of ₦23.07.#Friesland, CSCS Lead Decliners Chart as NASD Security Index Dips
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