NASD OTC investors lose N12.23 billion, as NDEP and Wamco Plc share prices tumble

Investors at NASD OTC Securities Exchange lost N12.23 billion in value for the week ended Friday, December 4, 2020.

This is according to a weekly market review seen by Nairametrics.

•  Market capitalization declined from N547.06 billion recorded in the previous week to N534.83 billion.
• NASD OTC market ended the week bearish, as return declined by -2.24% to close the week at 719.53 points against 735.99 points in the preceding week.

Top traded securities by volume for the week

• Niger Delta Exploration and Production Company Plc (SDNDEP) led the chart with 891,356 units.
• Friesland Campina Wamco Plc (SDFCWAMCO) recorded 545,415 units.
• Central Securities Clearing System Plc (SDCSCSPLC) recorded 26,400 units.
• Afriland Properties Plc (SDAFRILAND) recorded 1,000 units.
• Industrial and General Insurance Plc (SDIGIPLC) recorded 500 units.

Top traded securities by value for the week

• Niger Delta Exploration and Production Company (SDNDEP) also led by approximately N275.31 million for the week.
• Friesland Campina Wamco Plc (SDFCWAMCO) posted N72.27 million.
• Central Securities Clearing System Plc (SDCSCSPLC) recorded N382,701.
• Afriland Properties Plc (SDAFRILAND) posted N1,380.
• Industrial and General Plc (SDIGIPLC) posted N35.

What you should know about NSI

• No advancers for the week
• Total value traded for the week increased to N347.96 million, +452.80%. W-o-W.
• Total volume traded for the week also increased to 1,464,671 units, +7.48%W-o-W.
• Total trade deals for the week increased to 33, +50% W-o-W.
• NSI Year-to-Date return rose by +3.15%.
• SDNDEP declined by 7.5% to close at N325.15 from the previous close of N300.76
• SDFCWAMCO declined by 5.71% to close at N140 from the previous week close of N132.