The NASD Over-the-Counter (OTC) Securities Exchange extended its appreciation by 1.35 per cent on Friday, October 17, buoyed by four stocks.
11 Plc increased further by N32.67 to trade at N359.37 per share compared with the previous day’s N326.70 per share, Central Securities Clearing System (CSCS) Plc gained N3.36 to close at N41.96 per unit versus the N38.60 per unit it was priced a day earlier, Afriland Properties Plc surged by N1.74 to N19.21 per share from N17.47 per share, and First Trust Mortgage Bank Plc advanced by 5 Kobo to end at 58 Kobo per unit compared with the preceding session’s 53 Kobo per unit.
The positive performance put up by the quartet increased the market capitalisation of the bourse by N28.92 billion to N2.166 trillion from the N2.137 trillion quoted in the preceding session, and the NASD Unlisted Security Index (NSI) gained 48.33 points to finish at 3,620.59 points, in contrast to Thursday’s 3,572.26 points.
Business Post reports that the share prices of two securities closed lower yesterday, led by FrieslandCampina Wamco Nigeria Plc, which lost N1.04 to end N63.82 per share compared with the previous session’s N64.86 per share and Geo-Fluids Plc weakened by 6 Kobo to N3.99 per unit from N4.05 per unit.
During the trading day, the volume of securities went down by 90.0 per cent to 10.3 million units from the previous 103.4 million units, the value of securities decreased by 95.4 per cent to N51. 8 million from N1.13 billion, and the number of deals plunged by 32.4 per cent to 23 deals from 34 deals.
Okitipupa Plc remained the most traded stock by value on a year-to-date basis with 165.2 million units worth N7.1 billion, trailed by Air Liquide Plc with 507.3 million units sold for N4.2 billion, and FrieslandCampina Wamco Nigeria Plc with 45.8 million units valued at N2.0 billion.
Industrial and General Insurance (IGI) Plc was the most traded stock by volume on a year-to-date basis with 1.2 billion units traded for N419.2 million, trailed by Impresit Bakolori Plc with 536.9 million units transacted for N524.8 million, and Air Liquide Plc with 507.3 million units worth N4.2 billion.