The positive run of the NASD Over-the-Counter (OTC) Securities Exchange stretched by 0.24 per cent on Thursday, July 24, with the platform’s market capitalisation growing by N5.07 billion to close at N2.116 trillion compared with the preceding day’s N2.111 trillion, and the NASD Unlisted Security Index (NSI) increasing by 8.66 points to settle at 3,614.75 points, in contrast to the 3,606.09 points it ended on Wednesday.
The activity log showed that the volume of transactions went down during the session by 39.3 per cent to 471,023 units from the 776,428 units transacted during the midweek session, just as the value of trades decreased by 34.8 per cent to N17.7 million from the N27.1 million achieved a day earlier, and the number of deals shrank by 11.8 per cent to 45 deals from the 51 deals carried out a day earlier.
Okitipupa Plc ended the day as the most traded stock by value on a year-to-date basis with 154.0 million units worth N4.9 billion, followed by Air Liquide Plc with 507.2 million units valued at N4.2 billion, and FrieslandCampina Wamco Nigeria Plc with 42.3 million units sold for N1.8 billion.
Also, Industrial and General Insurance (IGI) maintained its position as the most traded stock by volume on a year-to-date basis with 1.1 billion units traded for N354.4 million, trailed by Impresit Bakolori Plc with 536.9 million units sold for N524.8 million, and Air Liquide Plc with 507.2 million units valued at N4.2 billion.
The alternative stock exchange finished with four price gainers and one price decliner led by Food Concepts, which depleted by 15 Kobo to sell for N3.05 per unit compared with the preceding day’s N3.20 per unit.
However, NASD Plc which rose by N3.00 to N33.25 per share from N30.25 per share, FrieslandCampina Wamco Nigeria Plc gained N2.46 to end at N73.76 per unit versus midweek’s N71.30 per unit, Central Securities Clearing System Plc (CSCS) Plc appreciated by 40 Kobo to N47.43 per share from N47.03 per share, and AG Mortgage Bank Plc improved by 10 Kobo to N1.09 per unit from 99 Kobo per unit.