Nipco, Geo-Fluids Lift NASD OTC Bourse by 0.17%

Yesterday, the market capitalisation added N3.27 billion to close for the session at N1.915 trillion compared with the previous day’s N1.912 trillion, and the NASD Unlisted Security Index (NSI) increased by 5.66 points to 3,316.17 points from Thursday’s 3,310.51 points.

Nipco Plc gained N19.50 to finish at N220.00 per share compared with the previous day’s N200.50 per share, and Geo-Fluids Plc grew by 20 Kobo to sell at N2.70 per unit, in contrast to the previous session’s N2.50 per unit, while UBN Property Plc lost 20 Kobo to close the day at N1.98 per share versus the N2.20 per share it was sold a day earlier.

Trading data showed an increase of 76.8 per cent in the volume of securities transacted to 1.3 million units from the 712,439 units traded in the previous trading day, the value of transactions slid by 71.2 per cent to N8.8 million from the N30.5 million recorded in the preceding day, and the number of deals went down by 76.1 per cent to 11 deals from the 46 deals recorded a day earlier.

When the bourse ended for the session, Impresit Bakolori Plc remained the most active stock by volume on a year-to-date basis with a turnover of 533.9 million units valued at N520.9 million, followed by Industrial and General Insurance (IGI) Plc with the sale of 70.0 million units worth N23.8 million, and Geo Fluids Plc with 44.1 million units sold for N89.0 million.

The most traded stock by value on a year-to-date basis was FrieslandCampina Wamco Nigeria Plc with the sale of 13.7 million units valued at N528.6 million, trailed by Impresit Bakolori Plc with a turnover of 533.9 million units worth N520.9 million, and Afriland Properties Plc with 17.8 million units sold for N364.2 million.