FrieslandCampina Weakens NASD OTC Bourse by 0.38%

However, UBN Property Plc gained 18 Kobo during the session to trade at N1.98 per share compared with last Friday’s value of N1.80 per share and Food Concepts Plc expanded by 2 Kobo to close at N1.60 per unit compared with the previous trading day’s price of N1.58 per unit.

When the trading day closed yesterday, the market capitalisation declined by N4.00 billion to finish at N1.036 trillion compared with last Friday’s closing value of N1.040 trillion and the NASD Unlisted Security Index (NSI) recorded a slide of 11.68 points to end the day at 3,023.93 points as against 3,035.61 points recorded at the previous session.

During the session, the volume of securities traded at the bourse went down by 63.9 per cent to 2.7 million units from the 7.5 million units recorded at the last session.

Equally, the day’s trading data showed that the total value of shares transacted by the market participants decreased by 71.7 per cent to N14.7 million from the N51.7 million achieved in the previous trading day.

In the same vein, the number of deals carried out on the first session of the week depleted by 31.3 per cent to 22 deals from the 32 deals executed in the preceding trading session.

At the close of business, Geo-Fluids Plc remained the most active stock by volume (year-to-date) with 1.7 billion units worth N4.0 billion, trailed by Okitipupa Plc with 752.4 million units valued at N7.8 billion, and Afriland Properties Plc with 297.7 million units sold for N5.3 million.

Also, Aradel Holdings Plc remained the most active stock by value (year-to-date) with 108.7 million units valued at N89.2 billion, followed by Okitipupa Plc with 752.4 million units sold for N7.8 billion, and Afriland Properties Plc with 297.7 million units worth N5.3 billion.