The month of March 2019 saw the NASD USI (Unlisted Security Index) close on a positive note with a +3.07% gain(as investors gained ₦6.10 billion) recorded, which shows an improved confidence in the market, as against -1.84% loss in February 2019.
Volume traded for the month was 1,152,575,048.00 billion units and total value traded was ₦2.45 billion in 232 (two hundred and thirty-two) deals.
- Greenwich Securities Limited was the trader of the month by volume and value.
- The month of January saw Providus Bank plc admitted on the NASD OTC market.
Despite electoral activities in the first quarter the NASD OTC market performed well, as the NASD USI (Unlisted Security Index) closed the first quarter with an increase of +2.31%.
CORPORATE ACTION
Afriland properties held its Annual General Meeting at the Federal Palace Hotel, Victoria Island, Lagos.
The occasion was an opportunity forthe management team of Afriland Properties to engage shareholders on the 2018financial year performance, furthermore a payment of N0. 05k dividends is to bepaid to shareholders.
