A marginal loss of 0.02 per cent was recorded by the NASD Over-the-Counter (OTC) Securities Exchange on Thursday, August 21, with the pull back caused by the fall in the price of Industrial and General Insurance (IGI) by 4 Kobo to 52 Kobo per unit from 56 Kobo per unit.
This contracted the NASD Unlisted Security Index (NSI) by 0.76 points to 3,640.80 points from the 3,641.56 points recorded a day earlier.
In the same vein, the market capitalisation, which measures the total value of all securities on the platform, went down by N460 million to remain relatively unchanged at N2.178 trillion.
The alternative stock exchange suffered the loss yesterday despite the price of Lagos Building Investment Company (LBIC) Plc increasing at the close of business by 3 Kobo to N3.08 per share from N3.05 per share a day earlier.
It was a quiet day for NASD as the trading was low, with the volume of securities down by 91.2 per cent to 1.5 million units from 16.6 million units at midweek, the value of securities decreasing by 94.2 per cent to N6.0 million from N104.3 million, and the number of deals coming down by 7.1 per cent to 26 deals from 28 deals.
Okitipupa Plc maintained its position as the most active stock by value on a year-to-date basis with a turnover of 158.7 million units worth N5.9 billion. The second spot was taken by Air Liquide Plc with the sale of 507.2 million units for N4.2 billion, and FrieslandCampina Wamco Nigeria Plc claimed the third spot with 44.0 million units valued at N1.9 billion.
IGI Plc ended the trading session as the most traded equity by volume on a year-to-date basis with 1.2 billion units transacted for N402.9 million, followed by Impresit Bakolori Plc with a turnover of 536.9 million units valued at N524.8 million, and Air Liquide Plc with the sale of 507.2 million units worth N4.2 billion.