The NASD Over-the-Counter (OTC) Securities Exchange recorded a 4.16 per cent appreciation in the 30th trading week of 2025 despite closing with lesser price gainers than losers.
NASD Plc rose by 33 per cent to close at N33.25 per unit versus the preceding week’s N25.00 per unit, Central Securities Clearing System (CSCS) Plc added 30.2 per cent to settle at N49.47 per share compared with the earlier week’s N61.00 per share, AG Mortgage Plc improved by 21.1 per cent to N1.09 per unit from 90 Kobo per unit, Friesland Campina Wamco Nigeria Plc grew by 21.1 per cent to N73.84 per share from N61.00 per share, and Afriland Properties Plc surged by 20.6 per cent to N21.10 per unit from N17.50 per unit.
These stocks increased the market capitalisation of the bourse by N84.93 billion to N2.127 trillion from N2.042 trillion, and raised the NASD Unlisted Securities Index (NSI) by 145.05 points to 3,633,79 points from the 3,488.74 points it ended in Week 29.
In the five-day trading week, Food Concepts Plc slid by 4.7 per cent to N3.05 per share from N3.20 per share, UBN Property Plc declined by 3.5 per cent to N1.95 per unit from N2.02 per unit, Okitipupa Plc slid by 2.1 per cent to N234.50 per share from N239.50 per share, Nipco Plc lost 1.9 per cent to sell at N240.00 per unit versus N244.83 per unit, Lagos Building Investment Company (LBIC) Plc went down by 1.3 per cent to N3.08 per share from N3.12 per share, and Acorn Petroleum Plc dropped 0.8 per cent to N1.19 per unit from N1.20 per unit.
Last week, the total turnover by value jumped by 28.8 per cent to N559.6 million from N439.9 million, total volume of stocks rose by 1,002.7 per cent to 1.4 billion units from 127.4 million units, and the number of deals increased by 192.31 per cent to 228 deals from 78 deals.
The most traded stock by value was Industrial and General Insurance (IGI) Plc with N462 million, trailed by CSCS Plc with N30.2 million, Okitipupa Plc recorded N23.1 million, Friesland Campina Wamco Nigeria Plc posted N17.3 million, and Nipco Plc achieved N10.9 million.
By volume, IGI Plc also led with 1.4 billion units, UBN Property Plc closed with 2.5 million units, LBIC Plc recorded 0.77 million units, CSCS Plc quoted 0.63 million units, and Friesland Campina Wamco Nigeria Plc traded 0.24 million units.