It was a negative end to the week for the NASD Over-the-Counter (OTC) Securities Exchange after it went down by 0.04 per cent to extend its poor run.
The market capitalisation dropped N510 million to close N2.063 trillion compared with the preceding day’s N2.064 trillion and the NASD Unlisted Security Index (NSI) depleted by 1.22 points to finish the session at 3,448.78 points versus Thursday’s closing value of 3,450.00 points.
During the session, there was a 193.9 per cent jump in the volume of securities transacted by investors to 10.3 million units from the 3.8 million units transacted in the previous trading session, there was a 1,055.6 per cent surge in the value of securities to N109.5 million from N9. million, as there was a 21.7 per cent rise in the number of deals to 28 deals from 28 deals recorded previously.
At the close of business, Okitipupa Plc was the most active stock by value on a year-to-date basis with 160.2 million units worth N6.2 billion, followed by Air Liquide Plc with 507.2 million units valued at N4.2 billion, and FrieslandCampina Wamco Nigeria Plc with 45.3 million units sold for N1.9 billion.
Industrial and General Insurance (IGI) was the most active stock by volume on a year-to-date basis with 1.2 billion units traded for N418.6 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 N4.3 billion.
There were four price losers at the final session of the week, with FrieslandCampina Wamco Nigeria Plc on top of the chart after it lost N2.42 to sell at N54.00 per share versus N56.42 per share.
Further, Lagos Building Investment Company (LBIC) Plc dropped 29 Kobo to end at N2.63 per unit versus N2.92 per unit, UBN Property Plc slid by 22 Kobo to trade at N1.98 per share versus N2.10 per share, and Central Securities Clearing System (CSCS) Plc decreased by 21 Kobo to settle at N30.84 per unit versus N31.05 per unit.
Business Post reports that 11 Plc was the single price gainer after it improved by N20.30 to close at N223.30 per share versus N203.00 per share.