CSCS, AG Mortgage Bank Sink Unlisted Securities Market by 0.14%

During the session, CSCS Plc lost N1.00 to trade at N22.00 per share compared with the preceding day’s N23.00 per share, and AG Mortgage Bank Plc dropped 4 Kobo to close at 48 Kobo per unit versus Monday’s closing price of 52 Kobo per unit.

Business Post reports that FrieslandCampina Wamco Nigeria Plc gained N1.22 to quote at N38.71 per unit compared with the previous session’s N37.49 per unit, and First Trust Microfinance Bank chalked up 3 Kobo to settle at 53 Kobo per share, in contrast to the 50 Kobo per share it was sold a day earlier.

When the market closed for the day, the NASD Unlisted Security Index (NSI) went down by 4.82 points to 3,387.53 points from the previous trading day’s 3,392.35 points, and the market capitalisation lost N2.78 billion to settle at N1.956 trillion compared with the preceding day’s N1.959 trillion.

The bourse was relatively quiet as investors embarked on cautious trading, with the volume of securities down by 72.6 per cent to 469,185 units from the 1.7 million units recorded on Monday and the value of securities depleting by 60.6 per cent to N10.9 million from the N27.8 million quoted at the preceding session.

However, the number number of deals increased during the trading session by 5.6 per cent to 38 deals from the 36 deals recorded in the previous day.

Impresit Bakolori Plc finished the session as the most active stock by value (year-to-date) with 533.9 million units worth N520.9 million, trailed by FrieslandCampina Wamco Nigeria Plc with 12.0 million units sold for N467.2 million, and Afriland Properties Plc with 17.2 million units valued at N352.8 million.

Similarly, Impresit Bakolori Plc was the most active stock by volume (year-to-date) with 533.9 million units sold for N520.9 million, followed by Industrial and General Insurance (IGI) Plc with 69.9 million units worth N23.7 million, and Afriland Properties Plc with 17.2 million units valued at N352.8 million.