The NASD Over-the-Counter (OTC) Securities Exchange recorded a 0.95 per cent depreciation on Monday, September 29, with the NASD Unlisted Security Index (NSI) shedding 33.85 points to close at 3,511.56 points compared with the preceding session’s 3,545.41 points, and the market capitalisation depleting by N20.26 billion to N2.101 trillion from N2.121 trillion.
Two securities plunged the alternative stock market during the session, with Central Securities Clearing System (CSCS) Plc down by N4.00 to close at N37.50 per share versus last Friday’s price of N41.00 per share and Geo-Fluids Plc shedding 6 Kobo to settle at N4.01 per unit, in contrast to the previous session’s N4.07 per unit.
During the session, the volume of securities traded by investors decreased by 27.4 per cent to 1.1 million units from the previous 1.5 million units, the value of transactions slumped by 7.0 per cent to N6.7 million from N7.2 million, and the number of deals slipped by 38.9 per cent to 11 deals from 18 deals.
Okitipupa Plc was the most traded stock by value on a year-to-date basis with 160.2 million units transacted for N6.2 billion, followed by Air Liquide Plc with 507.3 million units worth N4.2 billion, and FrieslandCampina Wamco Nigeria Plc with 45.1 million units valued at N2.0 billion.
Industrial and General Insurance (IGI) Plc was the most traded stock by volume on a year-to-date basis with 1.2 billion units worth N418.4 million, trailed by Impresit Bakolori Plc with 536.9 million units for N524.8 million, and Air Liquide Plc with 507.3 million units valued at N4.2 billion.