June 26, 2018/NSE
ETF Market Statistics as of May 31, 2018
The NSE ETF market capitalization declined by 2.57% from 7.63 Billion in April to 7.43 Billion in May 2018 whilst maintaining a positive Year-To-Date (YTD) increase of 11.12%. The ETF Market recorded net inflows in the period under review as additional units of the Vetiva Banking ETF securities were created bringing total year-to-date inflows for the year 2018 to NGN 124.2 Million.
Market Activity Review
Total Transaction Value (TTV) on the ETF board dipped by 31.54% from April TTV of 15.2 million. Total Volume traded however appreciated by 34.18% indicative of increased trades on lower priced ETFs.
ETF Market Transactions: May 2017 – May 2018
ETF Transactions by Value – May 2018
The Vetiva Banking ETF led the value board this month with NGN 6.1 million in trade values constituting 58.86% of TTV, whilst The Vetiva S & P Nigerian Sovereign Bond ETF and Vetiva Consumer Goods ETF followed with 23.15% and 10.48% respectively.
ETF Transactions by Volume – May 2018
The Vetiva Banking ETF also dominated the volume board representing 87.29% of total trade volumes while the Vetiva Consumer Goods ETF, Vetiva Griffin ETF and Vetiva S & P Sovereign Bond ETF trailed behind posting trades representing 8.54%, 2.87% and 1.12% of total trade volumes respectively.
PERFORMANCE REVIEW
Price movements are depicted in the table below:
Table 1.1: Performance of ETF Securities & Indices
Overall market performance was largely bearish in the month of May as seen in the performance of all the benchmark indices and assets.
Table 1.2: Distribution Announcements
Table 1.3: Additional Units Listed on the Exchange – May 2018.
The Exchange remains fully committed to support the issuance of market beneficial ETFs, priced fairly and actively traded in the market thereby increasing portfolio diversification options for investors.
To gain further insights on the respective ETFs listed on the Nigerian Stock Exchange, please visit NSE ETFs or contact the NSE Secondary Market teams via Email: productmanagement@nse.com.ng | Telephone: 234-1-4638333-5. Investors are also advised to contact their Investment Advisers/stockbrokers for professional guidance.
