First Trust Mortgage Bank, Three Others Raise NASD Index by 0.56%

This elevated the NASD Unlisted Security Index (NSI) by 17.97 points to 3,205.45 points from the previous session’s 3,187.48 points, as the market capitalisation gained N10.53 billion to close at N1.876 trillion compared with Monday’s value of N1.866 trillion.

FrieslandCampina Wamco Nigeria Plc improved its value by N4.30 during the trading day to N47.30 per unit from the previous closing value of N43.00 per unit, Central Securities Clearing System (CSCS) Plc increased by 60 Kobo to N26.85 per share from N26.25 per share, First Trust Mortgage Bank Plc grew by 2 Kobo to 63 Kobo per share from 61 Kobo per share, and Industrial and General Insurance (IGI) Plc added 1 Kobo to end at 35 Kobo per unit versus 34 Kobo per unit.

However, the price of Geo-Fluids Plc went down yesterday by 26 Kobo to quote at 2.52 per share, in contrast to the previous day’s price of N2.78 per share.

Data showed that the volume of shares bought and sold on Tuesday was significantly up by 1,625.9 per cent to 15.3 million units from the 888,775 units transacted in the previous trading day, the value of securities transacted by investors surged by 2,588.8 per cent to N608.9 million from N22.6 million, and the number of deals grew by 29.2 per cent to 31 deals from 24 deals.

Impresit Bakolori Plc finished as the most traded stock by volume (year-to-date) with 536.9 million units sold for N524.7 million, trailed by Geo-Fluids Plc with 267.1 million units valued at N472.3 million, and Okitipupa Plc with 153.6 million units worth N4.9 billion.

Okitipupa Plc remained as the most active stock by value (year-to-date) with 153.6 million units worth N4.9 billion, followed by FrieslandCampina Wamco Nigeria Plc with 37.3 million units sold for N1.5 billion, and Impresit Bakolori Plc with 536.9 million units valued at N524.7 million.