The last trading day of this week on the floor of the NASD Over-the-Counter (OTC) Securities Exchange ended with a 0.53 per cent gain on Friday, July 25.
This was influenced by three securities led by Central Securities Clearing System (CSCS) Plc, which appreciated by N2.04 to trade at N49.47 per share compared with the preceding day’s N47.43 per share.
Further, Afriland Properties Plc gained N1.85 to end at N21.10 per unit versus the previous session’s N19.25 per unit, and FrieslandCampina Wamco Nigeria Plc advanced by 8 Kobo to close at N73.84 per share compared with Thursday’s N73.76 per share.
As a result, the market capitalisation on the bourse went up by N11.15 billion to N2.127 trillion from N2.116 trillion while the NASD Unlisted Security Index (NSI) grew by 1904 points to 3,633.79 points from 3,614.75 points.
Business Post reports that during the session, two securities declined in price, with Nipco Plc shedding N4.83 to sell for N240.00 per unit compared with the previous day’s N244.83 per unit, and UBN Property Plc lost 15 Kobo to trade at N1.95 per unit versus N2.10 per unit.
Yesterday, the volume of securities soared by 206.6 per cent to 1.4 million units from 471,023 units, the value of securities surged by 100.8 per cent to N35.5 million from N17.7 million, and the number of deals rose by 53.3 per cent to 69 deals from 45 deals.
Okitipupa Plc ended the day as the most traded stock by value on a year-to-date basis with 154.0 million units worth N4.9 billion, followed by Air Liquide Plc with 507.2 million units valued at N4.2 billion, and FrieslandCampina Wamco Nigeria Plc with 42.5 million units sold for N1.8 billion.
Industrial and General Insurance (IGI) maintained its position as the most traded stock by volume on a year-to-date basis with 1.1 billion units traded for N354.4 million, trailed by Impresit Bakolori Plc with 536.9 million units sold for N524.8 million, and Air Liquide Plc with 507.2 million units valued at N4.2 billion.