The NASD Over-the-Counter (OTC) Securities Exchange opened the first trading day of the week pointing downwards after a 0.34 per cent loss on Monday, July 7.
The OTC exchange was pulled down yesterday by three securities despite the share price of Capital Bancorp Plc went up by 11 Kobo to sell at N2.15 per unit compared with the preceding session’s N2.04 per unit.
During the trading day, Afriland Properties Plc lost N2.13 to finish at N19.17 per share versus N21.30 per share, FrieslandCampina Wamco Nigeria Plc depreciated by N1.39 to close at N59.50 per unit compared with the previous trading session’s N60.89 per unit, and Central Securities Clearing System (CSCS) Plc crumbled by 25 Kobo to end at N31.09 per share, in contrast to last Friday’s N31.34 per share.
Consequently, the market capitalisation slid by N6.78 billion to finish at N1.983 trillion compared with the preceding session’s N1.990 trillion and the NASD Unlisted Security Index (NSI) went down by 11.58 points to close at 3,398.64 points compared with the previous session’s 3,398.64 points.
On Monday, the volume of securities traded by the market participants surged by 1,599.7 per cent to 10.8 million units from the 632,624 units traded last Friday, the value of securities transacted by investors also significantly increased by 137.9 per cent to N42.9 million from N18.1 million, and the number of deals appreciated by 20 per cent to 30 deals from 25 deals.
Okitipupa Plc remained the most traded stock by value on a year-to-date basis with 153.8 million units sold for N4.9 billion, trailed by Air Liquide Plc with 507.2 million units valued at N4.2 billion, and FrieslandCampina Wamco Nigeria Plc with 41.8 million units worth N1.8 billion.
Impresit Bakolori Plc ended the session as the most active stock by volume on a year-to-date basis with 536.9 million units valued at N524.8 million, followed by Air Liquide Plc with 507.2 million units sold for N4.2 billion, and Geo-Fluids Plc with 268.6 million units worth N476.4 million.