The market capitalisation of NASD Over-the-Counter (OTC) Securities Exchange crossed the N2 trillion milestone again on Thursday, July 10 after the bourse expanded by 0.62 per cent.
During the trading session, the value of all stocks on the NASD exchange went up by N12.4 billion to finish at N2.005 trillion compared with the preceding day’s N1.992 trillion and the NASD Unlisted Security Index (NSI) increased by 21.18 points to settle at 3,424.19 points, in contrast to the previous session’s 3,403.01 points.
The alternative stock exchange recorded four price gainers at the session and two price losers.
FrieslandCampina Wamco Nigeria Plc gained N3.64 to close at N63.89 per unit versus N60.25 per unit, Central Securities Clearing System (CSCS) Plc added N1.17 to end at N32.44 per share versus N31.50 per share, Geo-Fluids Plc grew by 40 Kobo to N4.79 per unit from N4.39 per unit, and Industrial and General Insurance (IGI) Plc chalked up 1 Kobo to quote at 35 Kobo per share compared with the 34 Kobo per share it ended a day earlier.
On the flip side, Afriland Properties Plc lost N1.67 to trade at N19.17 per unit compared with the N17.50 per unit it was sold at midweek, and UBN Property Plc depreciated by 1 Kobo to sell for N1.91 per share compared with the previous day’s N1.92 per share.
Yesterday, the volume of trades declined by 20.1 per cent to 3.08 million units from the 3.9 million units recorded a day earlier, but the value of transactions appreciated by 53.7 per cent to N25.1 million from N16.1 million, and the number of deals increased by 29.2 per cent to 31 deals from 24 deals.
Okitipupa Plc finished the session as the most traded stock by value (year-to-date) with 153.8 million units valued at N4.9 billion, trailed by Air Liquide Plc with 507.2 million units sold for N4.2 billion, and FrieslandCampina Wamco Nigeria Plc with 42.0 million units worth N1.8 billion.
Impresit Bakolori Plc closed the day as the most active stock by volume (year-to-date) with 536.9 million units sold for N524.8 million, followed by Air Liquide Plc with 507.2 million worth N4.2 billion, and Geo-Fluids Plc with 270.7 million units sold for N486.0 million.