The NASD Over-the-Counter (OTC) Securities Exchange extended its stay in the green territory on Wednesday, February 19 with a 0.45 per cent appreciation.
The market capitalisation of the bourse went up N8.29 billion at midweek to settle at N1.838 trillion compared with the preceding day’s N1.830 trillion, and the NASD Unlisted Security Index (NSI) increased by 14.63 points to close at 3,245.76 points, in contrast to the previous trading day’s 3,231.13 points.
Okitipupa Plc continued to find favour among investors as it added N15.02 to its value to finish at N165.28 per unit versus Tuesdya’s closing price of N150.26 per unit, and Central Securities Clearing System (CSCS) Plc went up by 50 Kobo to settle at N23.00 per share compared with the preceding session’s N22.50 per share.
On the flip side, Acorn Petroleum Plc lost 6 Kobo to settle at N1.20 per unit versus N1.26 per unit, and FrieslandCampina Wamco Nigeria Plc slumped by 80 Kobo to end at N39.00 per share, in contrast to the previous day’s N39.80 per share.
The volume of securities traded at the bourse at midweek depleted by 63.6 per cent to 223,661 units from the 614,180 units transacted by the market participants at the last session.
Also, the value of securities traded yesterday went down by 42.7 per cent to N7.4 million from the N12.8 million quote a day earlier, and the number number of deals increased by 10.5 per cent to 21 deals from 19 deals.
At the close of transactions, Impresit Bakolori Plc was the most active stock by value (year-to-date) with 533.9 million units worth N520.9 million, followed by Afriland Properties Plc with 16.4 million units valued at N335.2 million, and FrieslandCampina Wamco Nigeria Plc with 8.3 million units valued at N328.9 million.
Impresit Bakolori Plc was also the most active stock by volume (year-to-date) with 533.9 million units worth N520.9 million, trailed by Industrial General Insurance (IGI) Plc with 69.7 million units sold for N23.6 million, and Afriland Properties Plc with 16.4 million units valued at N335.2 million.