Five stocks helped halt the losing streak in the NASD Over-the-Counter (OTC) Securities Exchange with a 0.14 per cent appreciation on Wednesday, November 26.
According to data, the NASD Unlisted Security Index (NSI) ended at 3,605.04 points after it added 5.19 points to the previous day’s 3,599.85 points, and the market capitalisation chalked up N3.11 billion to close at N2.153 billion, in contrast to the N2.153 trillion it ended on Tuesday.
The growth achieved yesterday happened despite the price of Nipco Plc going down by N24.00 to N216.00 per share compared with the previous day’s N240.00 per share, and FrieslandCampina Wamco Nigeria Plc lost 9 Kobo to close at N52.41 per unit versus Tuesday’s N52.50 per unit.
Business Post reports that MRS Oil Plc gained N14.80 to finish at N162.80 per share compared with the preceding session’s N148.00 per share, Central Securities Clearing System (CSCS) Plc grew by 51 Kobo to N37.50 per unit from N36.99 per unit, Lagos Building Investment Company (LBIC) Plc soared by 12 Kobo to N3.12 per share from N3.00 per share, IPWA Plc jumped by 6 Kobo to settle at 67 Kobo per unit versus 61 Kobo per unit, and Industrial and General Insurance (IGI) Plc advanced by 1 Kobo to 45 Kobo per share from 44 Kobo per share.
Yesterday, the volume of securities went up by 574.3 per cent to 4.3 million units from 640,061 units, the value of securities surged by 1,551.4 per cent to N100.3 million from N6.1 million, and the number of deals jumped by 84.6 per cent to 24 deals from 13 deals.
At the close of business, Infrastructure Credit Guarantee Company (InfraCredit) Plc was the most active stock by value on a year-to-date basis with 5.8 billion units sold for N16.4 billion, trailed by Okitipupa Plc with 170.4 million units worth N8.0 billion, and Air Liquide Plc with 507.4 million units valued at N4.2 billion.
In the same vein, InfraCredit Plc was the most active stock by volume on a year-to-date basis with 5.8 billion units traded for N16.4 billion, trailed by IGI Plc with 1.2 billion units transacted for N420.1 million, and Impresit Bakolori Plc with 536.9 million units worth N524.9 million.