The NASD Over-the-Counter (OTC) Securities Exchange fell by 0.71 per cent on Wednesday, November 5, after the price of Central Securities Clearing Systems (CSCS) Plc went down by N4.43 to N40.15 per unit from the previous day’s N44.58 per unit.
This brought down the NASD Unlisted Security Index (NSI) by 26.29 points to 3,623.43 points from the 3,649.72 points it ended a day earlier, as the market capitalisation decreased by N15.43 billion to close at N2.168 trillion compared with the N2.183 trillion it ended on Tuesday.
The bourse ended in red despite seeing the prices of two securities going higher at midweek, with FrieslandCampina Wamco Nigeria Plc expanding by N3.36 to N59.95 per share from N56.59 per share and Paintcomm Investment Plc rising by 20 Kobo to N11.00 per unit from N10.80 per unit.
At the close of trades, the volume of securities traded rose by 33.9 per cent to 526,165 units from 393,086 units, and the number of deals increased by 50 per cent to 21 deals from 14 deals, while the value of securities went down by 41.7 per cent to N9.6 million from N16.4 million.
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 worth N16.4 billion, followed by Okitipupa Plc with 170.3 million units valued at N7.9 billion, and Air Liquide Plc with 507.3 million units traded for N4.2 billion.
InfraCredit Plc was also the most traded stock by volume on a year-to-date basis with 5.8 billion units transacted for N16.4 billion, trailed by Industrial and General Insurance (IGI) Plc with 1.2 billion units worth N419.6 million, and Impresit Bakolori Plc with 536.9 million units valued at N524.8 million.