The duo of Central Securities Clearing System (CSCS) Plc and Air Liquide Plc weakened the NASD Over-the-Counter (OTC) Securities Exchange by 0.25 per cent on Tuesday, November 11.
CSCS Plc dropped N1.05 to close at N38.20 per unit compared with the previous day’s N39.25 per unit, and Air Liquide lost N1 to end at N9.00 per share compared with the N10.00 per share it ended on Monday.
As a result, the market capitalisation of the trading platform decreased by N5.43 billion to N2.168 trillion from the N2.174 trillion it finished a day earlier, and the NASD Unlisted Security Index (NSI) declined by 9.07 per cent to 3,625.09 points versus the 3,634.16 points it ended in the previous day.
At the trading day, the volume of securities traded by investors plunged by 98.3 per cent to 25,278 units from the previous day’s 1.5 million units, as the value of transactions slumped by 96.9 per cent to N846,210.62 from N27.9 million, and the number of deals slid by 60 per cent to 14 deals from the 35 deals recorded in the previous session.
Infrastructure Credit Guarantee Company (InfraCredit) Plc ended as the most traded stock by value on a year-to-date basis with 5.8 billion units valued at N16.4 billion, followed by Okitipupa Plc with 170.3 million units transacted for N8.0 billion, and Air Liquide Plc with 507.4 million units worth N4.2 billion.
InfraCredit Plc was also the most traded stock by volume on a year-to-date basis with 5.8 billion units worth N16.4 billion, trailed by Industrial and General Insurance (IGI) Plc with 1.2 billion units traded for N419.7 million, and Impresit Bakolori Plc exchanged 536.9 million units for N524.9 million.