CSCS, UBN Property Expand NASD OTC Exchange by 054%

Central Securities Clearing System (CSCS) Plc appreciated by N2.16 to sell at N23.85 per unit compared with the preceding day’s N21.69 per unit, and UBN Property Plc added 5 Kobo to close the day at N2.00 per share versus the previous session’s N1.95 per share.

However, Geo-Fluids Plc declined during the session by 15 Kobo to close at N2.75 per share, in contrast to Monday’s closing price of N2.90 per share.

At the close of trades, the market capitalisation of the bourse expanded by N10.45 billion to finish at N1.956 trillion compared with the N1.945 trillion it ended a day earlier, and the NASD Unlisted Security Index (NSI) increased by 18.08 points to 3,386.72 points from Monday’s 3,368.64 points.

As for the activity chart, the volume of securities transacted by investors on Tuesday decreased by 32.1 per cent to 195,796 units from the 288,383 units transacted in the previous trading day, and the value of transactions went down by 71.8 per cent to N5.1 million from N18.2 million, while the number of deals rose by 7.4 per cent to 29 deals from 27 deals.

The most active stock by volume on a year-to-date basis remained Impresit Bakolori Plc with a turnover of 533.9 million units worth N520.9 million. The second spot was taken by Industrial and General Insurance (IGI) Plc with 69.9 million units valued at N23.7 million, and the third position was occupied by Afriland Properties Plc with 17.4 million units sold for N357.0 million.

The most active stock by value on a year-to-date basis was also Impresit Bakolori Plc with 533.9 million units sold for N520.9 million, trailed by FrieslandCampina Wamco Nigeria Plc with 13.0 million units valued at N505.1 million, and Afriland Properties Plc with 17.4 million units worth N357.0 million.