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FrieslandCampina Buoys NASD OTC Exchange Growth by 0.05%

FrieslandCampina

FrieslandCampina Wamco Nigeria helped the NASD Over-the-Counter (OTC) Securities Exchange up by 0.05 per cent on Wednesday, August 27.

The milk producer was the solitary price gainer as it chalked up 66 Kobo to sell for N68.19 per share compared with the preceding session’s N67.53 per share.

However, Afriland Properties Plc lost 5 Kobo to close at N19.90 per unit versus N19.95 per unit, and Industrial and General Insurance (IGI) Plc depreciated by 1 Kobo to finish at 60 Kobo per share compared with Tuesday’s closing price of 61 Kobo per share.

When the market closed for the day, the market capitalisation rose by N1.08 billion to N2.181 trillion from N2.179 trillion and the NASD Unlisted Security Index (NSI) increased by 1.80 points to 3,645.25 points from 3,643.45 points.

Yesterday, the volume of securities traded at the session went up by 644.9 per cent to 53.3 million units from the previous 7.2 million units, just as the value of securities jumped by 1,152.4 per cent to N106.2 million from the N8.5 million recorded a day earlier, while the number of deals closed south by 20.41 per cent to 39 deals from 49 deals.

Okitipupa Plc ended the session as the most traded stock by value on a year-to-date basis with 158.7 million units transacted for N5.9 billion, followed by Air Liquide Plc with 507.2 million units worth N4.2 billion, and FrieslandCampina Wamco Nigeria Plc with 44.3 million units valued at N1.9 billion.

Also, IGI Plc was the most traded stock by volume on a year-to-date basis with 1.2 billion units worth N402.9 million, trailed by Impresit Bakolori Plc with 536.9 million units valued at N524.8 million, and Air Liquide Plc with 507.2 million units sold for N4.2 billion.