Culled—Proshare
26/5/2018/NASD Plc
The Week in Review
The NASD OTC Market ends the week with a decrease in market metrics, as the NASD USI decreased by 1.63%, closing at 664.38 points (as against 675.43 points last Friday). Consequently, total market capitalization shed 1.63% this week, closing lower at ₦449.61 billion compared to ₦457.08 billion last Friday.
Introduction of Trade Alert Notification Service.
NASD launched its proprietary trading platform (BITs) on 9 April, 2018 to provide Authorised Traders perform trades more conveniently on behalf of their brokerage clients. To further enhance service delivery and client satisfaction, NASD conducts regular modifications to improve the system, to promote transparency and market integrity.
In this regard, we have created a Trade Alert Notifications Service into the BITS system. This service will notify all Investors on the OTC platform with timely and accurate information on deals consummated on their brokerage account(s).
Investors with portfolios trading under the NASD OTC Market would receive daily SMS notifications at the close of trade. Trade Alerts will only be sent to an investor’s registered mobile number with The Central Securities Clearing System PLC (CSCS) as from Friday 1 June, 2018.
Each trade alert will contain the following:
- Investor Name
- Investor Account Number
- Trade Date
- Stockbroking House Firm Code
- Security Traded
- Units Traded
- Price Traded
- General Market Closing Price of the Security
We believe that with this service, Investors will get adequate first-hand information from the Exchange on all transactions on their account, which can be confirmed by their chosen Participating Institution.
Central Securities Clearing System Plc. to Hold 24th Annual General Meeting
This is to inform members of Central Securities Clearing System Plc. (SDCSCSPLC) that the 24th Annual General Meeting of the Company will hold as follows:
Date: Monday, 28 May 2018
Venue: Federal Palace Hotel, 6-8 Ahmadu Bello Way, Victoria Island, Lagos
Time: 11:00 AM prompt
To download the 2017 Annual Report, kindly visit
https://cscsnigeriaplc.com/documents/1174203/CSCS%202017%20e-ANNUAL%20REPORT.PDF
Below is a summary of its financial performance for the year end 31 December, 2017:
*For financial year ending on 31 December 2017, CSCS PLC has reported:
Total Operating Income Growth : 40.77%
Profit After Tax Increased : 39.04%
Share Price Increased: 29.0%
Shareholder’s Fund Increased : 14.0%
Trade Summary
Top Traded Securities by Volume
| SYMBOL | VOLUME (‘000) | (%) |
| SDAFRILAND | 34,195 | 99.29 |
| SDFCWAMCO | 91 | 0.27 |
| SDCSCSPLC | 76 | 0.22 |
| SDNDEP | 71 | 0.20 |
| SDMIXREAL | 1 | 0.004 |
Top Traded Securities by Value – Week 21
| SYMBOL | VALUE (‘000) | (%) |
| SDAFRILAND | 109,424 | 80.80 |
| SDFCWAMCO | 16,678 | 10.10 |
| SDNDEP | 11,472 | 8.47 |
| SDCSCSPLC | 834 | 0.62 |
| SDCAPDBETO | 6 | 0.001 |
Gainer
| Security | Close Price (₦) | Previous Close (₦) | Change (%) |
| AFRILAND PROPERTIES PLC | 3.20 | 3.15 | 1.59 |
Losers
| Security | Close Price (₦) | Previous Close (₦) | Change (%) |
| CENTRAL SECURITIES CLEARING SYSTEM PLC | 10.00 | 10.60 | (5.66) |
| FRIESLAND CAMPINA WAMCO NIGERIA PLC | 150.00 | 155.00 | (3.22) |
Market in Numbers (YTD)
| Admitted Securities | 35 |
| Registered Brokers | 218 |
| Participating Institutions | 127 |
| Market Capitalisation | ₦449.61 billion |
| Total Share Capital | 119.72 billion |
| Volume Dematerialised | 38.34 billion |
| Dematerialised Percentage | 32.02% |
| Volume of trades (YTD) | 1.00 billion |
| Number of trades (YTD) | 1,165 |
| Value traded (YTD) | ₦4.87 Billion |
Macroeconomic Indicators
| Real GDP Growth (YoY) | 1.95% |
| Inflation (YoY) | 12.48% |
| CPI (2009 base) | 237.02 |
| Monetary Policy Rate (MPR) | 14% |
| Crude Oil Price | $76.11 |
| Exchange Rate (US$) | ₦360.50:$1 |
| Exchange Rate (Yuan) | ₦56.47:¥1 |
| Exchange Rate (CFA) | ₦0.64:CFA1 |
