NASD OTC Market CAP Decreased By -3.23% WoW To Close At N526.79bn

Culled—Proshare

April 5, 2019/NASD Plc 

Quarterly (Q1) 2019 Market Report

Despite the election in the mid quarter, NASD EXCHANGE OTC Market recorded appreciable activity at the end of the first quarter in 2019. NASD Unlisted Security Index (“NASD-USI) rose by 2.38%.

During the period, NASD Investors gained ₦12.41 Billion while ₦17.54 Billion added to the Market capitalization was due to a security admission of PROVIDUS Bank PLC. Market capitalization closed at 544.39 Billion compared to 514.80 Billion at the beginning of the quarter.

The 1st quarter was on a positive note despite the high political tension experienced during this period. Companies are expected to provide investors with financial reports to facilitate trading decisions.

January Performance shows the NASD Unlisted Security Index (NASD-USI) increased by 0.28% to 742.20 points as against 740.16 points at the beginning of the month and Market capitalization increased by 3.66% from ₦514.42 Billion to ₦533.22 Billion.

February ended on a bearish note as the NASD-USI and Market Capitalization both increased by 3.07%, closing at 757.75 points and ₦528.17 Bn.

March ended on a bullish note as the NASD-USI and Market Capitalization both Increased by 3.07%, closing at 757.75 points and ₦544.39 Bn, respectively.

OTC Market Top Gainers are

  • NASD PLC (SDNASDPLC)
  • CENTRAL SECURITIES CLEARING SYSTEM PLC(SDCSCSPLC)
  • AFRILAND PROPERTIES PLC(SDAFRILAND)
  • NIGER DELTA EXPLORATION & PRODUCTION PLC(SDNDEP)
  • FRIESLAND CAMPINA WAMCO NIGERIA PLC (SDFCWAMCO) 

OTC Market Top Losers are

  • UBN property Plc (SDUBNPROP) 
  • AG Mortgage Bank Plc (SDAGMBANK)

Market Activities For Week 14

Market Summary

As at close of trade week on 05 April 2019, market Capitalisation decreased to ₦526.79 billion from last week’s previous ₦544.39 billion, which shows a 3.23% decrease in Capitalisation. Also the USI for the week ending 05 April 2019 recorded an decrease from 757.75 points to 733.24 points.

Trade Summary

Proshare Nigeria Pvt. Ltd.

Market in Numbers (Year-to-Date)

Proshare Nigeria Pvt. Ltd.

Macro-economic Indicators 

Proshare Nigeria Pvt. Ltd.

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