The NASD Over-the-Counter (OTC) Securities Exchange opened the week in the southern territory, losing 0.23 per cent on Monday, February 24.
This took out N4.32 billion from the bourse, with the market capitalisation closing at N1.847 trillion compared with last Friday’s N1.851 trillion and the NASD Unlisted Security Index (NSI) went down by 7.62 points to 3,260.39 points from the 3,268.01 points recorded in the preceding trading session.
At the close of transactions, the price of Food Concepts Plc went down by 12 Kobo to trade at N1.52 per unit versus N1.64 per unit, Geo-Fluids Plc depreciated by 22 Kobo to close at N3.76 per share compared with the preceding session’s N3.98 per share, and Central Securities Clearing System (CSCS) Plc shrank by 21 Kobo to N22.79 per unit from N23.00 per unit.
On the flip side, NASD Plc improved its value by N1.55 to finish at N17.06 per share versus N15.51 per share and Okitipupa Plc grew by 19 Kobo to N182.00 per unit from N181.81 per per unit.
There was a 683.1 per cent surge in the volume of securities traded at the bourse yesterday to 3.1 million units from the 392,568 units transacted last Friday, the value of securities traded by market participants skyrocketed by 11,291.9 per cent to N172.7 million from N1.5 million, and the number of deals rose by 162.5 per cent to 21 deals from eight deals.
At the close of transactions, Impresit Bakolori Plc was the most active stock by value (year-to-date) with 533.8 million units worth N520.9 million, followed by Afriland Properties Plc with 16.4 million units valued at 335.2 million, and FrieslandCampina Wamco Nigeria Plc with 8.3 million units valued at N329.2 million.
However, Industrial and General Insurance (IGI) Plc ended the most active stock by volume on a year-to-date basis with 69.7 million units worth N23.6 million, trailed by Geo-Fluids Plc with 10.9 million units sold for N51.9 million, and FrieslandCampina Wamco Nigeria Plc with 8.3 million units valued at N329.2 million.