The NASD Over-the-Counter (OTC) Securities Exchange remained in the green territory on Wednesday, May 28 after it further gained 0.79 per cent.
The midweek session witnessed a surge in the level activity, as the value of transactions soared by 638.6 per cent to N4.5 billion from N608.9 million on Tuesday, the volume of securities traded in the session skyrocketed by 3,378.2 per cent to 533.5 million units from the 15.3 million units recorded in the previous trading day, and the number of deals increased by 58.1 per cent to 49 deals from the 31 deals completed at the previous session.
There were two price losers led by 11 Plc, which lost N10.13 to close at N231.20 per share compared with the preceding day’s N241.33 per share, and Nipco Plc, which depreciated by 8 Kobo to finish at N199.80 per unit, in contrast to Tuesday’s closing price of N199.88 per unit.
Conversely, the alternative stock exchange ended with three price gainers led by FrieslandCampina Wamco Nigeria Plc, which chalked up N3.36 to end at N50.66 per share versus the previous closing value of N47.30 per share.
Further, Central Securities Clearing System (CSCS) Plc improved its share price by 25 Kobo to N27.10 per unit from N26.85 per unit, and Food Concepts Plc gained 15 Kobo to quote at N1.65 per share compared with the previous session’s N1.50 per share.
Consequently, the market capitalisation of the trading platform increased by N14.88 billion to N1.891 trillion from N1.876 trillion, and the NASD Unlisted Security Index (NSI) jumped by 25.42 points to 3,230.87 points from 3,205.45 points.
Impresit Bakolori Plc retained its position as the most active stock by volume (year-to-date) with 536.9 million units valued at N524.7 million, trailed by Air Liquide Plc with 507.1 million worth N4.2 billion, and Geo-Fluids Plc with 267.2 million units sold for N472.3 million.
The most active stock by value (year-to-date) remained Okitipupa Plc with 153.6 million valued at N4.9 billion, followed by Air Liquide Plc with 507.1 million traded at N4.2 billion, and FrieslandCampina Wamco Nigeria Plc with 37.8 million units valued at N1.5 billion.