The NASD Over-the-Counter (OTC) Securities Exchange closed higher by 0.74 per cent on Tuesday, July 22, increasing the market capitalisation of the bourse by N15.21 billion to N2.067 trillion from the preceding day’s N2.052 trillion, as the NASD Unlisted Security Index (NSI) went up by 25.97 points to close at 3,531.59 points, in contrast to the previous trading day’s 3,505.62 points.
Data showed that the volume of securities traded yesterday surged by 149 per cent to 1.00 billion units from the 401.7 million units recorded on Monday and the value of securities twent up by 130.9 per cent to N334.4 million from the N144.8 million quoted at the preceding session, while the number of deals executed at the Tuesday session decreased by 48.7 per cent to 20 deals from the 39 deals recorded a day earlier.
Business Post reports that Industrial and General Insurance (IGI) became the most traded stock by volume on a year-to-date basis on Tuesday with 1.1 billion units worth N354.4 million, as Impresit Bakolori Plc was displaced to the second position with the sale of 536.9 million units for N524.8 million, and Air Liquide Plc occupied the third spot with 507.2 million units valued at N4.2 billion.
However, Okitipupa Plc remained the most traded stock by value on a year-to-date basis with 153.9 million units transacted for N4.9 billion, followed by Air Liquide Plc with 507.2 million units worth N4.2 billion, and FrieslandCampina Wamco Nigeria Plc with 42.3 million units valued at N1.8 billion.
Yesterday, there were two price gainers and one price loser led by Acorn Petroleum Plc, which went south by 1 Kobo to close at N1.19 per unit compared with the previous day’s N1.20 per unit.
On the gainers’ chart, Central Securities Clearing System (CSCS) Plc led after it added N2.80 to settle at N42.76 per share versus N39.96 per share, and NASD Plc appreciated by N2.50 to N27.50 per unit from the previous day’s N25.00 per unit.