Four securities lifted the NASD Over-the-Counter (OTC) Securities Exchange by 1.11 per cent on Wednesday, November 12, with NASD Plc increasing by N5.32 to close at N59.00 per share compared with the previous day’s N53.68 per share.
Further, Central Securities Clearing System (CSCS) Plc added N3.80 to its value to sell at N42.00 per unit versus Tuesday’s closing price of N38.20 per unit, Lagos Building Investment Company (LBIC) Plc rose by 31 Kobo to end at N3.48 per share versus N3.17 per share, and UBN Property Plc gained 23 Kobo to settle at N2.59 per unit, in contrast to the preceding day’s N2.36 per unit.
The additions recorded by the quartet moved the market capitalisation of the platform higher by N24.10 billion to N2..193 trillion from N2.168 trillion, as the NASD Unlisted Security Index (NSI) soared by 40.27 points to 3,665.36 points from Tuesday’s 3,625.09 points.
The midweek’s trading numbers showed there was a 87,326.8 per cent jump in the volume of securities transacted to 22.1 million units from the 25,278 units transacted in the previous trading session while the value of transactions surged by 155,602.5 per cent to N1.3 billion from N846,210.62, and the number of deals rose by 35.7 per cent to 19 deals from 14 deals.
Infrastructure Credit Guarantee Company (InfraCredit) Plc ended as the most traded stock by value on a year-to-date basis with 5.8 billion units valued at N16.4 billion, followed by Okitipupa Plc with 170.3 million units transacted for N8.0 billion, and Air Liquide Plc with 507.4 million units worth N4.2 billion.
InfraCredit Plc was also the most traded stock by volume on a year-to-date basis with 5.8 billion units worth N16.4 billion, trailed by Industrial and General Insurance (IGI) Plc with 1.2 billion units traded for N419.7 million, and Impresit Bakolori Plc exchanged 536.9 million units for N524.9 million.