The NASD Over-the-Counter (OTC) Securities Exchange recorded a marginal 0.02 per cent appreciation on Tuesday, July 8, with the support of four price gainers.
Central Securities Clearing System (CSCS) Plc chalked up 41 Kobo to close at N31.50 per unit compared with the previous day’s N31.09 per unit, Food Concepts Plc appreciated by 26 Kobo to end at N2.91 per share versus the preceding session’s N2.65 per share, Geo-Fluids Plc gained 13 Kobo to finish at N4.39 per unit compared with the N4.26 per unit it was traded a day earlier, and Acorn Petroleum Plc soared by 5 Kobo to N1.33 per share from Monday’s N1.28 per share.
The gains achieved by the quartet slightly moved the market capitalisation of the OTC bourse higher by N390 million, though it remained relatively flat at N1.983 trillion.
However, the NASD Unlisted Security Index (NSI) marginally increased by 0.67 points to settle at 3,387.73 points, in contrast to the previous session’s 3,398.64 points.
Business Post reports that FrieslandCampina Wamco Nigeria Plc lost N1.39 at the close of transactions to finish at N54.79 per unit compared with the previous day’s N59.50 per unit.
There was a 91.47 per cent slump in the volume of securities recorded yesterday to 916,738 units from 10.8 million units. Also, there was 47.73 per cent decline in the value of stocks transacted by investors to N22.5 million from N42.9 million, as the number of deals decreased by 26.67 per cent to 22 deals from 30 deals.
When trading activities ended for the day, Impresit Bakolori Plc maintained its position as the most traded stock by volume (year-to-date) with 536.9 million units worth N524.8 million, followed by Air Liquide Plc with 507.2 million units traded at N4.2 billion, and Geo-Fluids Plc with 269.0 million units valued at N478.1 million.
Equally, Okitipupa Plc remained the most traded stock by value (year-to-date) with 153.8 million units sold for N4.9 billion, trailed by Air Liquide Plc with 507.2 million units worth N4.2 billion, and FrieslandCampina Wamco Nigeria Plc with 42.0 million units traded for N1.8 billion.