The NASD Over-the-Counter (OTC) Securities Exchange fell by 0.15 per cent on Tuesday, August 23 after two price losers overpowered five price gainers.
This brought down the market capitalisation of the bourse by N4.38 billion to N2.179 trillion from the N2.184 trillion it ended at the preceding session, as the NASD Unlisted Security Index (NSI) declined by 5.65 points to 3,643.45 points from the 3,649.10 points it closed on Monday.
According to data, Central Securities Clearing System (CSCS) Plc depreciated by N1.20 to close at N47.00 per share versus N48.20 per share and UBN Property Plc lost 6 Kobo to end at N2.03 per unit, in contrast to the preceding day’s N2.09 per unit.
On the flip side, Lagos Building Investment Company (LBIC) Plc gained 27 Kobo to end at N3.35 per share compared with the preceding session’s N3.08 per share, Afriland Properties Plc increased by 10 Kobo to close at N19.95 per unit versus N19.85 per unit, Food Concepts Plc rose by 6 Kobo to N3.85 per share from N3.79 per share, Acorn Petroleum Plc expanded by 2 Kobo to end at N1.32 per unit versus N1.30 per unit, and Industrial and General Insurance (IGI) Plc appreciated by 1 Kobo to 61 Kobo share from 60 Kobo per share.
During the trading session, the volume of securities traded went up by 57.1 per cent to 7.2 million units from 4.6 million units, and the value of securities went down by 29.8 per cent to N8.5 million from N12.1 million, while the number of deals closed flat at 49 deals.
Okitipupa Plc retained its position as the most traded stock by value on a year-to-date basis with 158.7 million units transacted for N5.9 billion, followed by Air Liquide Plc with 507.2 million units worth N4.2 billion, and FrieslandCampina Wamco Nigeria Plc with 44.2 million units valued at N1.9 billion.
Also, IGI Plc maintained its spot as the most traded stock by volume on a year-to-date basis with 1.2 billion units worth N402.9 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.