Equities of Secure Electronic Technology Plc (NSLTECH ) came top in volume at the floor of the Nigerian Exchange in the week ended. Boosted by the 599,536,483 traded on Friday, the shares volume traded in the week capped at a total of 634.5 million
According to the NGX weekly report released on Friday, combined traded volume of Secure Electronic Technology Plc, FBN Holdings Plc and Japaul Gold and Ventures Plc, accounted for 998.467 million shares worth N6.604 billion in 4,426 deals, contributing 30.77% and 9.54% to the total equity turnover volume and value respectively.
Secure Electronic Technology is currently the 11th most traded stock on the Nigerian Stock Exchange over the past three months (Nov 1, 2024 – Jan 31, 2025). The stock has traded a total volume of 988 million shares—in 4,171 deals—valued at NGN 692 million over the period, with an average of 15.7 million traded shares per session. A volume high of 600 million was achieved on January 31st, for the same period.
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Secure Electronic Technology is currently the 115th most valuable stock on the NGX with a market capitalization of NGN 3.94 billion. Its current share price is NGN 0.68. NSLTECH closed its last trading day (Friday, January 31, 2025) at 0.70 NGN per share, recording a 1.4% gain over its previous closing price of 0.69 NGN. Secure Electronic Technology began the year with a share price of 0.63 NGN and has since gained 11.1% on that price valuation, ranking it 42nd on the NGX in terms of year-to-date performance.
However, this impressive over the period, NSLTECH lost 7% of its value in the past four weeks.
Secure Electronic Technology Plc is a technology-focussed organisation, formerly National Sports Lottery. It was incorporated in 2001 with an Exclusive 30-year license granted by the Federal Government to operate the National Lottery in Nigeria.
It has core competence in the provision of infrastructure and technical know–how in the following: Lottery and Gaming, Trivia Promo syndication, Provision of a central data base for data and information processing. Games managed by Secure Electronic Technology Plc includes 60F49, the newest Jackpot game; 2Sure, the game with the highest payout; 50F90, a fixed-odds game with a pre-determined payout; and Betwazobia, a dedicated 24/7 mobile and online game platform.
