The NASD Over-the-Counter (OTC) Securities Exchange rose 0.59 per cent on Tuesday, February 18 boosted by price appreciation in four stocks.

The NASD Unlisted Security Index (NSI) ended the day at 3,231.13 points after adding 18.87 points to the preceding day’s 3,212.26 points and the market capitalisation increased by N10.70 billion to end the session at N1.830 trillion compared with the previous day’s N1.819 trillion.

During the session, FrieslandCampina Wamco Nigeria Plc depreciated by 19 Kobo to close at N39.80 per unit compared with Monday’s closing price of N39.99 per unit and Afriland Properties Plc went down by 10 Kobo to close at N21.26 per share, in contrast to the preceding day’s N21.36 per share.

However, the price of Mixta Real Estate Plc grew by 38 Kobo to wrap the session at N4.14 per unit compared to N3.76 per unit, Okitipupa Plc increased by N13.66 to finish at N150.26 per share versus N136.60 per share, Industrial and General Insurance (IGI) Plc rose by 3 Kobo to settle at 43 Kobo per unit versus the preceding day’s 40 Kobo per unit, and Riggs Venture West Africa Plc added 5 Kobo to end at N1.00 per share, in contrast to the previous session’s 95 Kobo per share.

Yesterday, there was a 67.2 per cent slump in the volume of securities traded to 614,180 units from 1.9 million units, there was a 71.3 per cent decline in the value of securities transacted by the market participants to N12.8 million from N44.7 million, and the number of deals went down by 20.8 per cent to 19 deals from 24 deals.

At the close of business, Impresit Bakolori Plc was the most active stock by value (year-to-date) with 519.5 million units valued at N504.3 million, trailed by FrieslandCampina Wamco Nigeria Plc with the sale of 6.2 million units for N245.0 million, and Geo-Fluids Plc with 9.3 million units worth N44.8 million.

In the same vein, Impresit Bakolori Plc ended the session as the most active stock by volume (year-to-date) with the sale of 519.5 million units for N504.3 million, followed by IGI Plc with 42.4 million units worth N12.9 million, and Geo-Fluids Plc with 9.3 million units valued at N44.8 million.

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