The eighth trading week of 2025 at the NASD Over-the-Counter (OTC) Securities Exchange ended in the green territory with an appreciation of 1.17 per cent.

The NASD Unlisted Security Index (NSI) surged by 40.48 per cent or 42.66 basis points in the five-day trading week to 3,268.01 basis points from the 3,227.53 basis points it ended in Week 7 and the market capitalisation added N22.93 billion to close at N1.851 trillion compared with the preceding week’s N1.828 trillion.

The activity chart showed that there was a 86.2 per cent drop in the volume of equities transacted last week to 3.12 million units from the 22.6 million units posted in the previous week.

In the same pattern, the value of shares traded by the market participants went down by 66.8 per cent to N67.7 million from the N204.1 million achieved a week earlier.

Okitipupa Plc gained 46.1 per cent to end at N181.18 per share versus the former value of N124.18 per share, Mixta Real Estate Plc rose by 10.1 per cent to N4.14 per unit from N3.76 per unit, Air Liquide Plc appreciated by 10 per cent to N8.25 per share from N7.50 per share, and Industrial and General Insurance (IGI) Plc grew by 7.5 per cent to 43 Kobo per unit from 40 Kobo per unit.

In addition, Riggs Ventures West Africa improved by 5.3 per cent to N1.00 per share from 95 Kobo per share, Acorn Petroleum Plc expanded by 3.2 per cent to N1.30 per unit from N1.26 per unit, and Afriland Properties Plc soared by 1.1 per cent to N21.26 per share from N21.03 per share.

On the flip side, UBN Property Plc slid by 9.8 per cent to N1.85 per unit from N2.05 per unit, Geo-Fluids Plc dipped by 6.1 per cent to N3.98 per share from N4.24 per share, Central Securities Clearing System (CSCS) Plc tumbled by 6.1 per cent to N23.00 per unit from N24.50 per unit, FrieslandCampina Wamco Nigeria Plc depreciated by 0.9 per cent to N39.60 per share from N39.90 per share, and Food Concepts Plc lost 0.6 per cent to end at N1.64 per unit compared with the preceding week’s N1.65 per unit.

In terms of the value of trades in the week, Afriland Properties Plc topped with N36.8 million, FrieslandCampina Wamco Nigeria Plc recorded N19.1 million, CSCS Plc posted N6.1 million, Okitipupa Plc achieved N3.7 million, and 11 Plc ended with N0.63 million.

By volume, Afriland Plc recorded 1.7 million units, FrieslandCampina Wamco Nigeria Plc closed with 0.48 million units, Food Concepts Plc posted 0.28 million units, CSCS Plc traded 0.27 million units, and Acorn Petroleum Plc exchanged 0.12 million units.

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