The NASD Over-the-Counter (OTC) Securities Exchange further rose by 1.69 per cent on Thursday, October 16, amid a surge in trading activities.
Yesterday, the volume of transactions significantly increased by 33,942.8 per cent to 103.39 million units from the previous day’s 303,714 units, the value of transactions jumped by 10,711.6 per cent to N1.13 billion from the N10.4 million recorded in the preceding trading session, and the number of deals soared by 36.00 per cent to 34 deals from the 25 deals posted on Wednesday.
Okitipupa Plc maintained its position as the most active stock by value on a year-to-date basis with 165.2 million units transacted for N7.1 billion, followed by Air Liquide Plc with 507.3 million units worth N4.2 billion, and FrieslandCampina Wamco Nigeria Plc with 45.6 million units valued at N2.0 billion.
Industrial and General Insurance (IGI) Plc ended the trading day as the most active stock by volume on a year-to-date basis with 1.2 billion units worth N419.2 million, trailed by Impresit Bakolori Plc with 536.9 million units sold for N524.8 million, and Air Liquide Plc with 507.3 million units traded for N4.2 billion.
Amid the buying pressure, Nipco Plc witnessed profit-taking as its value went down by N21.36 to N240.00 per unit from N261.36 per unit and Air Liquide Plc weakened by 75 Kobo to N9.19 per share from N9.94 per share.
However, 11 Plc continued its upward trend, rising further by N29.70 to N326.70 per unit from N297.00 per unit, and FrieslandCampina Wamco Nigeria Plc increased by N5.04 to N59.06 per share from N54.02 per share.
Further, Central Securities Clearing System (CSCS) Plc gained N5.80 to close at N38.50 per unit versus the N35.10 per unit it was traded at midweek, and Paintcomm Investment Plc improved by 65 Kobo to N10.80 per share from N10.75 per share.
Consequently, the market capitalisation chalked up N35.43 billion to close at N2.137 trillion compared with the previous day’s N2.101 trillion and the NASD Unlisted Security Index (NSI) grew by 59.22 points to 3,572.26 points from 3,513.04 points.