Nigeria’s Unlisted Securities Close in Stalemate

This meant that the NASD Unlisted Security Index (NSI) remained unchanged at 3,289.66 points and the market capitalisation intact at N1.926 trillion at the close of trading activities.

The unlisted securities market ended the trading day with no single price gainer or loser, with the share prices of stocks on the platform finishing at their previous prices.

However, the activity chart witnessed movements, with the volume of securities transacted in the session significantly down by 99.8 per cent to 19,920 units from the 8.5 million units transacted in the previous trading session.

In the same vein, the value of securities transacted by the market participants went down by 94.5 per cent to N872,687 from N15.7 million, and the number of deals fell by 37.5 per cent to 10 deals from the 16 deals posted last Friday.

At the close of business, Impresit Bakolori Plc remained the most active stock by volume on a year-to-date basis with 533.9 million units worth N520.9 million, trailed by Geo-Fluids Plc with 265.7 million units valued at N469.3 million, and Okitipupa Plc with 153.6 million units sold for N4.9 billion.

Equally, Okitipupa Plc was the most active stock by value on a year-to-date basis with 153.6 million valued at N4.9 billion, followed by FrieslandCampina Wamco Nigeria Plc with 18.3 million units sold for N699.7 million, and Impresit Bakolori Plc with 533.9 million units worth N520.9 million.