For the fourth consecutive trading session, the NASD Over-the-Counter (OTC) Securities Exchange remained in the red territory after it further depreciated by 0.39 per cent on Thursday, August 7.
This brought down the market capitalisation of the trading platform by N8.33 billion during the session to N2.143 trillion from the N2.152 trillion it ended a day earlier, and contracted the NASD Unlisted Security Index (NSI) by 14.24 points to 3,660.29 points, in contrast to the 3,674.53 points it finished at midweek.
Central Securities Clearing System (CSCS) Plc crashed by 75 Kobo on Thursday to close at N54.00 per unit versus Wednesday’s N54.75 per unit, NASD Plc slumped by 36 Kobo to N30.26 per share from N30.50 per share, Food Concepts Plc lost 22 Kobo to end at N3.21 per unit compared with the previous day’s N3.43 per unit, and FrieslandCampina Wamco Nigeria Plc plunged by 21 Kobo to N69.61 per share from N69.82 per share.
On the flip side, Okitipupa Plc added N1.50 to finish at N2.40 per unit versus N238.50 per unit, Lagos Building Investment Company (LBIC) Plc advanced by 6 Kobo to N3.08 per share from N3.02 per share, UBN Property Plc grew by 5 Kobo to N2.00 per unit from N1.95 per unit, and Industrial and General Insurance (IGI) Plc gained 4 Kobo to close at 39 Kobo per share versus 35 Kobo per share.
At the session, the volume of securities shrank by 93.1 per cent to 1.6 million units from 22.9 million units, the number of deals decreased by 29.8 per cent to 40 deals from 57 deals, while the value of securities increased by 89.1 per cent to N54.9 million from N29.1 million.
IGI Plc ended the day as the most traded stock by volume on a year-to-date basis with 1.1 billion units sold for N362.0 million, trailed by Impresit Bakolori Plc with 536.9 million units worth N524.8 million, and Air Liquide Plc with 507.2 million units valued at N4.2 billion.
Okitipupa Plc was the most traded stock by value on a year-to-date basis with 154.4 million units transacted for N5.0 billion, followed by Air Liquide Plc with 507.2 million units traded for N4.2 billion, and FrieslandCampina Wamco Nigeria Plc with 43.7 million units valued at N1.9 billion.