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NASD Index Jumps 1.00% as Four Stocks Gain

Alternative Bourse NASD Securities

The NASD Over-the-Counter (OTC) Securities Exchange appreciated by 1.00 per cent on Tuesday, June 17 after four stocks ended in green territory.

Central Securities Clearing System (CSCS) Plc gained N2.90 to close at N31.90 per share compared with the previous day’s N29.00 per share, FrieslandCampina Wamco Nigeria Plc improved its value by N2.81 to settle at N71.31 per unit compared with Monday’s price of N68.50 per unit, Air Liquide Plc appreciated by 89 Kobo to end at N9.97 per share versus the N9.08 per share it was sold a day earlier, and UBN Property Plc added 6 Kobo to its value to finish at N2.24 per unit, in contrast to the preceding day’s N2.18 per unit.

As a result, the market capitalisation of the platform rose by N19.42 billion to N1.967 trillion from N1.947 trillion and the NASD Unlisted Security Index (NSI) increased by 33.17 points to 3,359.50 points from the previous session’s 3,326.33 points.

Yesterday, the volume of securities jumped by 33.3 per cent to 639,427 units from the 479,638 units traded in the previous trading day, the value of securities went up by 8.3 per cent to N23.6 million from N21.8 million, and the number of deals declined by 5.4 per cent to 35 deals from 37 deals.

At the close of business, Impresit Bakolori Plc remained the most traded stock by volume on a year-to-date basis with 536.9 million units worth N524.7 million, followed by Air Liquide Plc with 507.2 million units sold for N4.2 billion, and Geo-Fluids Plc with 268.4 million units valued at N475.7 million.

Also, Okitipupa Plc was the most active stock by value on a year-to-date basis with the sale of 153.7 million units for N4.9 billion, trailed by Air Liquide Plc with 507.2 million units traded for N4.2 billion, and FrieslandCampina Wamco Nigeria Plc with a turnover of 39.5 million units valued at N1.6 billion.