NASD OTC Exchange Gains 0.63% in 18th Trading Week of 2025

Just like in the previous week, there were four trading days last week due to the Workers’ Day holiday, and over these days, investors carried out 130 deals in 19 stocks.

Data indicated that the value of transactions went down by 98.9 per cent to N105.9 million from the preceding week’s N9.9 billion and the volume of trades shrank by 99.6 per cent to 14.5 million units from 3.9 billion units in the previous week.

The most active stock by value in the week was FrieslandCampina Wamco Nigeria Plc with N70.7 million, Afriland Properties Plc recorded N13.6 million, Geo-Fluids Plc traded N13.0 million, Capital Hotels Plc posted N6.0 million, and IPWA Plc reported N2.0 million.

Geo-Fluids Plc was the most traded stock by volume with 6.4 million units, IPWA Plc transacted 4.0 million units, FrieslandCampina Wamco Nigeria Plc recorded 1.9 million, Capital Hotels Plc traded 1.2 million units, and Afriland Properties Plc exchanged 0.902 million units.

The NASD Unlisted Security Index (NSI) added 20.60 points to settle at 3,289.66 points compared with the 3,269.06 points recorded in the preceding trading week, and the bourse’s market capitalisation gained N12.07 billion to close at N1.926 trillion compared with the N1.914 trillion posted the previous week.

FrieslandCampina Wamco Nigeria Plc improved by 13.1 per cent to N40.00 per unit from N35.37 per unit, Geo-Fluids Plc appreciated by 11.1 per cent to N2.00 per share from N1.80 per share, Food Concepts Plc grew by 10.3 per cent to N1.29 per unit from N1.17 per unit, Lagos Building Investment Company (LBIC) Plc jumped by 10.00 per cent to N3.08 per share from N2.80 per share, and UBN Property Plc increased by 4.8 per cent to N2.20 per unit from N2.10 per unit.

On the flip side, Afriland Properties Plc dropped 10 per cent to end at N16.00 per share compared with the preceding week’s N17.78 per share. IPWA Plc dipped by 9.1 per cent to 50 Kobo per unit from 55 Kobo per unit, Acorn Petroleum Plc lost 5.9 per cent to close at N1.10 per share versus N1.17 per share, and Mass Telecomm Innovation Plc shed 2.4 per cent to finish at 40 Kobo per unit versus 41 Kobo per unit.