Four Securities Weaken NASD Index by 0.57%

Okitipupa Plc gave up N22.66 during the session to settle at N285.00 per unit compared with the N307.66 per unit it was sold last Friday, FrieslandCampina Wamco Nigeria Plc lost 17 Kobo to trade at N37.00 per share versus N37.17 per share, Food Concepts Plc depreciated by 14 Kobo to close at N1.35 per unit compared with the preceding session’s N1.49 per unit, and Industrial and General Insurance (IGI) Plc declined by 2 Kobo to finish at 35 Kobo per share, in contrast to the preceding trading day’s 37 Kobo per share.

Conversely, Central Securities Clearing System (CSCS) Plc improved its value by 69 Kobo to sell at N23.53 per unit versus N22.84 per unit and UBN Property Plc gained 20 Kobo to quote at N2.20 per share, in contrast to the previous value of N2.00 per share.

When the bourse ended for the session, the NASD Unlisted Security Index (NSI) went down by 19.09 points to 3,339.52 points from the previous trading day’s 3,358.61 points, and the market capitalisation shrank by N11.03 billion to N1.928 trillion from N1.939 trillion.

The volume of securities traded at the NASD yesterday rose by 216.1 per cent to 961,456 units from the 304,188 units recorded last Friday, and the value of securities went up by 116.3 per cent to N22.1 million from N10.2 million, while the number of deals depreciated by 31.3 per cent to 22 deals from 32 deals.

Impresit Bakolori Plc remained the most active stock by value (year-to-date) with 533.9 million units worth N520.9 million, followed by FrieslandCampina Wamco Nigeria Plc with 13.3 million units valued at N513.7 million, and Afriland Properties Plc with 17.6 million units sold for N360.1 million.

Impresit Bakolori Plc was also the most active stock by volume (year-to-date) with 533.9 million units valued at N520.9 million, trailed by IGI Plc with 70.0 million units sold for N23.8 million, and Geo-Fluids Plc with 44.1 million units worth N88.9 million.