NASD: Why investors prefer shares of CSCS, WAMCo, few others- Ajomale

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Managing Director/CEO of National Association of Securities Dealer, NASD OTC Securities Exchange Plc, Mr. Bola Ajomale.

The Managing Director/CEO of National Association of Securities Dealer, NASD OTC Securities Exchange Plc, Mr. Bola Ajomale, has said that investors’ preference for few of the companies trading on its platform, particularly, the Central Securities and Clearing System, CSCS, Friesland Campina Wamco Nigeria Plc, the producers of Peak milk, Niger Delta Exploration and Production, NDEP Plc and Afriland Properties Plc is borne out of availability of information on the stocks.

He said that management of the companies are taking advantage of the avenues provided by the Exchange to make information on their operations available to the investing public, thereby increasing interest and activity on their stocks.

“The major driver for most of these securities is information, so, if they do not give out information, then people don’t know what is happening with the company and whether they are doing well, second is performance.

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