The NASD Over-the-Counter (OTC) Securities Exchange bounced back to the green zone in the 34th trading week of 2025 after it closed higher by 1.45 per cent.
During the week, the NASD Unlisted Security Index (NSI) went up by 67.34 points to 3,639.94 points from the 3,587.76 points it ended in the previous week and the market capitalisation expanded by N6.14 billion to settle at N2.146 trillion, in contrast to the N2.146 trillion it finished in Week 33.
The alternative stock market ended the week with five price gainers and three price losers led by UBN Property Plc, which lost 9.52 per cent to sell for N1.90 per unit versus N2.10 per unit, Air Liquide Plc depreciated by 8.97 per cent to N9.94 per share from N10.92 per share, and FrieslandCampina Wamco Nigeria Plc declined by 0.89 per cent to N68.00 per unit from N68.61 per unit.
Conversely, Central Securities Clearing System (CSCS) Plc led the gainers’ gang after chalked up 10.00 per cent to sell for N48.20 per share versus the preceding week’s N43.82 per share, Mixta Real Estate Plc appreciated by 9.96 per cent to N6.07 per unit from N5.52 per unit, Okitipupa Plc jumped by 3.75 per cent to N224.56 per unit from N233.30 per unit, Food Concepts Plc improved by 3.51 per cent to N3.54 per share from N3.42 per share, and Industrial and General Insurance (IGI) Plc grew by 1.75 per cent to 58 Kobo per unit from 57 Kobo per unit.
Last week, the value of transactions slumped by 65.2 per cent to N380 million, and the number of deals declined by 32.97 per cent to 32.97 per cent to 122 deals from 182 deals, while the volume of trades increased by 51.6 per cent to 107.4 million units from 70.9 million units.
The most traded stock by value was Purple Real Estate Plc with N323.50 million, IGI Plc recorded N22.9 million, IPWA Plc posted N10.9 million, Okitipupa Plc closed with N10.4 million, and UBN Property Plc transacted N6.6 million.
In terms of volume, Purple Real Estate Plc exchanged 43.4 million units, IGI Plc traded 39.1 million units, IPWA Plc reported 20.9 million units, UBN Property Plc sold 3.5 million units, and Geo-Fluids Plc quoted 0.1 million units.