The NASD Over-the-Counter (OTC) Securities Exchange returned to gaining ways as it appreciated by 0.49 per cent on Thursday, February 27.
This increased the market capitalisation of the bourse by N9.17 billion to settle at N1.861 trillion compared with the preceding day’s N1.851 trillion, and the NASD Unlisted Security Index (NSI) went up by 16.18 points to close at 3,284.99points, in contrast to the previous trading day’s 3,268.81 points.
Okitipupa Plc, which has been the best performing stock this year, extended its positive run by N14.80 to end at N215.00 per share compared with the previous day’s N200.00 per share, Central Securities Clearing System (CSCS) Plc appreciated by 67 Kobo to trade at N22.68 per unit versus Wednesday’s N22.01 per unit, and First Trust Microfinance Bank Plc gained 5 Kobo to quote at 52 Kobo per share, in contrast to the preceding session’s 47 Kobo per share.
Conversely, Afriland Properties Plc went down by N1.30 Kobo to finish at N21.50 per unit versus the previous price of N22.80 per unit.
During the trading day, the volume of securities bought and sold by investors jumped by 71.7 per cent to 2.07 million units from the 1.2 million units transacted a day earlier, the value of securities traded went up by 343.6 per cent to N46.8 million from the N10.6 million quoted at the preceding session, and the number of deals declined by 60.5 per cent to 15 deals from 38 deals.
At the close of business, Impresit Bakolori Plc was the most active stock by value (year-to-date) with 533.8 million units worth N520.9 million, trailed by Afriland Properties Plc with 16.4 million units valued at 335.2 million, and FrieslandCampina Wamco Nigeria Plc with 8.3 million units valued at N329.2 million.
The most active stock by volume (year-to-date) remained Industrial and General Insurance (IGI) Plc with 69.7 million units worth N23.6 million, followed by Geo-Fluids Plc with 10.9 million units sold for N51.9 million, and FrieslandCampina Wamco Nigeria Plc with 8.3 million units valued at N329.2 million.