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NASD Introduces Trade Alert Notification Service; CSCS Holds 24th AGM

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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

 

 

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