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NASD Index Soars 0.34% to 3,641.56 Points

NASD Unlisted Securities

The NASD Over-the-Counter (OTC) Securities Exchange appreciated further by 0.34 per cent on Wednesday, August 20, with the market capitalisation adding N7.46 billion to close at N2.178 trillion compared with the previous day’s N2.171 trillion and the NASD Unlisted Security Index (NSI) expanding by 12.47 points to 3,641.56 points from the 3,629.09 points it ended a day earlier.

According to data from the bourse, there were two price gainers and one price loser led by UBN Property Plc after it lost 20 Kobo to trade at N1.90 per share compared with the preceding day’s N2.10 per share.

However, Mixta Real Estate Plc gained 55 Kobo to end at N6.07 per unit versus Tuesday’s N5.52 per unit, and Food Concepts Plc increased by 12 Kobo to N3.54 per share from N3.42 per share.

Yesterday, there was a 50.6 per cent rise in the volume of securities to 16.6 million units from 11.04 million units, as there was 35.2 per cent growth in the value of securities to N104.3 million from N77.1 million, while the number of deals went up by 54.6 per cent to 28 deals from 15 deals.

At the close of transactions, Okitipupa Plc was still 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 44.0 million units valued at N1.9 billion.

Also, Industrial and General Insurance (IGI) Plc was the most traded stock by volume on a year-to-date basis with 1.2 billion units worth N402.1 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.

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