NASD Releases Exposure Draft of Proposed Rules; NMRC Held 4th AGM

Culled—Proshare

3/8/2018/NASD Plc

The NASD OTC Market ends the week with an increase in market metrics, as the NASD USI decreased by 1.2%, closing at 705.75 points (as against 707.45 points last Friday). Consequently, total market capitalization declined 0.2% this week, closing lower at 477.60 billion compared to 478.15 billion last Friday. 
 

Exposure Of Proposed Rules

This is to inform the general public of the exposure by NASD of the following proposed Rules accessible via the links indicated: 

  1. 1. Penalties for Breaches of the Rules & Regulations of the NASD OTC Market
  2. Trade Guarantee Fund Rules                         
  3. Investors’ Protection Fund Rules

All comments should be forwarded to legal@nasdng.com on or before close of business on 13 August 2018.

 NASD creating liquidity… Transparently

Trade Summary

Top Traded Securities by Volume – Week 31

SYMBOL VOLUME (‘000) (%)
SDNDEP 2,303 49
SDCSCSPLC 2,145 45.63
SDAFRILAND 222 4.73
SDFCWAMCO 16 0.35
SDUBNPROP 12 0.25

Top Traded Securities by Value – Week 31

SYMBOL VALUE (‘000) (%)
SDNDEP 346,514 92.26
SDCSCSPLC 26,023 6.93
SDFCWAMCO 2,447 0.65
SDAFRILAND 579 0.15
SDUBNPROP 21 0.01

Losers  

Security  Close Price (₦) Previous Close (₦) Change (%)
UBN Property Company PLC 1.80 2.00 (0.67)

Gainers  

Security  Close Price (₦) Previous Close (₦) Change (%)
Niger Delta Exploration & Production PLC 150.00 149.00 (10.00)
 

Market in Numbers (YTD)

Admitted Securities 38
Registered Brokers 244
Participating Institutions 130
Market Capitalisation  ₦477.60 billion
Total Share Capital 138.95 billion
Volume Dematerialised 45.33 billion
Dematerialised Percentage 32.62%
Volume of trades (YTD) 16.52 billion
Number of trades (YTD) 1,841
Value traded (YTD)

 ₦17.16 Billion

opan



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