The NASD Over-the-Counter (OTC) Securities Exchange closed in negative territory on Tuesday, January 28 after it weakened by 0.64 per cent at the close of business.
This was largely influenced by the duo of Food Concepts Plc and Central Securities Clearing Systems (CSCS) Plc, which upturned the gains recorded by three other securities.
Food Concepts Plc added 14 Kobo to its value to close at N1.60 per share versus N1.74 per share, and CSCS rose by N1.72 to N22.28 per unit compared with the preceding day’s N24.00 per unit.
On the flip side, First Trust Microfinance Bank Plc gained 4 Kobo to sell for 43 Kobo per share compared with the previous session’s 39 Kobo per share, FrieslandCampina Wamco Nigeria Plc expanded by 39 Kobo to finish at N38.97 per unit versus N38.58 per unit, and Nipco Plc improved by 1 Kobo to N165.12 per share from N165.11 per share.
When the market closed for the day, the NASD Unlisted Security Index (NSI) went down by 20.05 points to 3,117.82 points from 3,137.87 points and the value of the trading platform shrank by N1.36 billion to N1.766 trillion from N1.777 trillion.
The volume of shares transacted during the session by investors significantly dropped by 99.5 per cent to 460,564 units from the 98.8 million units recorded a day earlier, the value of securities recorded yesterday fell by 84.6 per cent to N16.9 million from the N109.8 million achieved a day earlier, and the number of deals decreased by 12.5 per cent to 21 deals from 24 deals.
At the close of trades, Impresit Bakolori Plc remained the most active equity by value (year-to-date) with 406.5 million units worth N386.1 million, followed by FrieslandCampina Wamco Nigeria Plc with 4.3 million units valued at N170.4 million, and Geo-Fluids Plc with 9.1 million units sold for N44.3 million.
Also, Impresit Bakolori Plc remained the most active stock by volume (year-to-date) with 406.5 million units valued at N386.1 million, trailed by Industrial and General Insurance (IGI) Plc with 26.3 million units sold for N6.3 million, and Geo-Fluids Plc with 9.2 million units worth N44.3 million.