Three securities plunged the NASD Over-the-Counter (OTC) Securities Exchange further by 0.58 per cent on Tuesday, September 2, with the market capitalisation declining by N12.39 billion to close at N2.144 trillion from the N2.156 trillion quoted at the preceding session, and the NASD Unlisted Security Index (NSI) losing 20.84 points to finish at 3,583.88 points from the 3,604.70 points recorded on Monday.
Yesterday, FrieslandCampina Wamco Nigeria Plc went down by N6.00 to N62.00 per share from the N68.00 per share in ended a day earlier, NASD Plc depreciated by 88 Kobo to end at N29.80 per unit compared with the previous day’s N30.68 per unit, and Lagos Building Investment Company (LBIC) Plc dropped 8 Kobo to trade at N3.00 per share versus the preceding day’s N3.08 per share.
During the trading day, the volume of securities traded decreased by 9.8 per cent to 2.8 million units from 3.1 million units, but the value of securities increased by 42.3 per cent to N13.1 million from N9.2 million, and the number of deals grew by 81.3 per cent to 29 deals from 16 deals.
Okitipupa Plc was still the most traded stock by value on a year-to-date basis with 158.7 million units valued at N5.9 billion, followed by Air Liquide Plc with 507.3 million units worth N4.2 billion, and FrieslandCampina Wamco Nigeria Plc with 44.6 million units sold for N1.9 billion.
Similarly, Industrial and General Insurance (IGI) Plc remained the most active stock by volume on a year-to-date basis with 1.2 billion units traded for N416.0 million, trailed by Impresit Bakolori Plc with 536.9 million units transacted for N524.8 million, and Air Liquide Plc with 507.3 million units worth N4.2 billion.