The NASD Over-the-Counter (OTC) Securities Exchange fell by 0.17 per cent on Monday, December 1, welcoming the new month with a negative settlement.
The market capitalisation slid by N3.58 billion to close at N2.149 billion compared with the N2.152 trillion it ended in the previous trading session, and the NASD Unlisted Security Index (NSI) went down by 5.99 points to 3,591.84 points from last Friday’s 3,597.83 points.
During the trading session, two securities ended on the losing side and two other securities were on the winning side.
Afriland Properties Plc lost N2.01 to end at N18.11 per unit versus N20.11 per unit, and UBN Property Plc depreciated by 25 Kobo to sell at N2.31 per share compared with the preceding session’s N2.56 per share.
Conversely, Industrial and General Insurance (IGI) Plc expanded by 4 Kobo to trade at 49 Kobo per unit compared with the previous trading day’s 45 Kobo per unit and IPWA Plc chalked up 3 Kobo to close at 70 Kobo per share, in contrast to the preceding session’s 67 Kobo per share.
Yesterday, the volume of securities traded surged by 2,365.9 per cent to 4.3 million units from the previous session’s 175,775 units, but the value of securities slumped by 136.9 per cent to N4.2 million from N13.8 million, and the number of deals dropped by 67.5 per cent to 13 deals from 40 deals.
At the close of business, Infrastructure Credit Guarantee Company (InfraCredit) Plc remained the most traded stock by value on a year-to-date basis with 5.8 billion units worth N16.4 billion, followed by Okitipupa Plc with 170.4 million units transacted for N8.0 billion, and Air Liquide Plc with 507.5 million units worth N4.2 billion.
InfraCredit Plc was also the most traded stock by volume on a year-to-date basis with 5.8 billion units traded for N16.4 billion, IGI Plc was in second position with the sale of 1.2 billion units for N420.2 million, and Impresit Bakolori Plc occupied the third spot with 536.9 million units valued at N524.9 million.