The NASD Over-the-Counter (OTC) Securities Exchange was lifted by 6.06 per cent on Monday, December 8 by four stocks led by Central Securities Clearing System (CSCS) Plc, which gained N3.20 to close at N43.00 per share compared with the previous price of N39.80 per share.
FrieslandCampina Wamco Nigeria Plc appreciated during the first trading day of the week by N1.88 to sell at N58.45 per unit versus N56.57 per unit, Food Concepts Plc improved by 25 Kobo to N3.40 per share from N3.15 per share, and Acorn Petroleum Plc expanded by 3 Kobo to close at N1.20 per unit, in contrast to last Friday’s N1.17 per unit..
As a result, the NASD Unlisted Security Index (NSI) jumped by 206.15 points to 3,607.52 points from 3,401.37 points and the market capitalisation chalked up N123.34 billion to settle at N2.158 billion compared with the N2.035 trillion it ended in the preceding session.
The volume of securities traded at the session plunged by 99.7 per cent to 58,300 units from the previous 18.2 million units, the value of securities went down by 99.5 per cent to N1.9 million from N389.7 million, and the number of deals decreased by 46.2 per cent to 14 deals from 26 deals recorded in the previous trading session.
When trading activities ended for the day, Infrastructure Credit Guarantee Company (InfraCredit) Plc remained the most traded stock by value with a year-to-date sale of 5.8 billion units worth N16.4 billion, followed by Okitipupa Plc with 171.8 million units transacted for N8.3 billion, and Air Liquide Plc with 507.6 million units valued at N4.2 billion.
InfraCredit Plc also finished the trading session as the most traded stock by volume on a year-to-date basis with 5.8 billion units traded for N16.4 billion, trailed by Industrial and General Insurance (IGI) Plc with 1.2 billion units sold for N420.3 million, and Impresit Bakolori Plc with a turnover of 537.0 million units worth N524.9 million.