It was a positive start to the week for the NASD Over-the-Counter (OTC) Securities Exchange as it extended its upward run by 1.40 per cent on Monday, July 28.
This happened despite the activity level closing lower as the volume of trades went down by 73.2 per cent to 386,754 units from the 1.4 million units traded in the previous trading session, the value of transactions depreciated by 15.4 per cent to N30.0 million from the N35.5 million executed last Friday, and the number of deal decreased by 27.5 per cent to 50 deals from the 69 deals carried in the preceding trading day.
According to data, Okitipupa Plc ended the day as the most traded stock by value on a year-to-date basis with 154.0 million units worth N4.9 billion, followed by Air Liquide Plc with 507.2 million units valued at N4.2 billion, and FrieslandCampina Wamco Nigeria Plc with 42.7 million units sold for N1.8 billion.
Similarly, Industrial and General Insurance (IGI) closed the session as the most traded stock by volume on a year-to-date basis with 1.1 billion units traded for N354.4 million, trailed by Impresit Bakolori Plc with 536.9 million units sold for N524.8 million, and Air Liquide Plc with 507.2 million units valued at N4.2 billion.
The bourse finished with two price losers and price gainers led by Central Securities Clearing System (CSCS) Plc, which added N4.93 to its value to sell at N54.40 per share compared with the previous N49.47 per share and Food Concepts Plc, which grew by 30 Kobo to N3.35 per unit from N3.05 per unit.
But, FrieslandCampina Wamco Nigeria Plc lost N1.38 to settle at N72.46 per share versus N73.84 per share, and NASD Plc declined by 30 Kobo to N32.95 per unit from N33.25 per unit.
When trading activities ended for the day, the market capitalisation improved by N29.76 billion to N2.157 trillion from N2.127 trillion, and the NASD Unlisted Security Index (NSI) appreciated by 50.83 points to 3,684.61 points from 3,633.79 points.