The NASD Over-the-Counter (OTC) Securities Exchange headed north by 0.02 per cent on Monday, December 2, with the market capitalisation increasing by N160 million to remain relatively flat at N1.057 trillion at the close of business transactions, while the NASD Unlisted Security Index (NSI) added 0.47 points to wrap the session at 3,017.13 points compared with 3,016.66 points recorded at the previous session.

In the opening session of the new week, the alternative stock market finished with three price gainers and two price losers.

Okitipupa Plc appreciated during the trading day by N2.46 to trade at N27.04 per unit compared with last Friday’s value of N24.58 per unit, FrieslandCampina Wamco Nigeria Plc jumped by N1.95 to close at N41.56 per share versus the preceding session’s N39.53 per share, and Central Securities Clearing System (CSCS) Plc recorded a growth of N49 Kobo to quote at N23.49 per unit, in contrast to the previous session’s N23.00 per unit.

On the flip side, Afriland Properties Plc slid by N1.39 to end the session at N16.00 per share versus the preceding closing rate of N17.39 per share and 11 Plc went down by N15.0 to settle at N215.00 per unit compared with the preceding day’s N230.00 per unit.

The trading chart showed that there was a surge in the volume of securities traded in the session by 3,623.5 per cent as investors exchanged stocks worth 16.2 million units, in contrast to the preceding session’s 433,854 units.

In the same vein, the value of shares traded during the trading session went up by 14,186.4 per cent to N125.2 million from the N876,364 recorded in the previous trading day, and the number of deals grew by 93.3 per cent to 29 deals from the 15 deals achieved last Friday.

When trading activities ended for the day, Geo-Fluids Plc was the most active stock by volume (year-to-date) with 1.6 billion units worth N3.9 billion, followed by Okitipupa Plc with 752.2 million units valued at N7.8 billion, and Afriland Properties Plc with 297.3 million units sold for N5.3 million.

Also, Aradel Holdings Plc remained the most active stock by value (year-to-date) with 108.7 million units worth N89.2 billion, trailed by Okitipupa Plc with 752.2 million units valued at N7.8 billion, and Afriland Properties Plc was in third with 296.7 million units sold for N5.3 billion.

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