Three securities lifted the NASD Over-the-Counter (OTC) Securities Exchange by 0.38 per cent on Tuesday, October 14.
11 Plc gained N14.50 to close at N270.00 per unit compared with the preceding day’s N255.50 per unit, Central Securities Clearing System (CSCS) Plc appreciated by 98 Kobo to sell at N32.00 per share versus Monday’s closing price of N31.08 per share, and Lagos Building Investment Company (LBIC) Plc went up by 26 Kobo to close at N2.89 per unit versus the last session’s price of N2.63 per unit.
As a result, the NASD Unlisted Security Index (NSI) increased by 33.03 points to 3,455.47 points from the preceding session’s 3,422.44 points points, and the market capitalisation added N7.79 million to close at N2.067 trillion, in contrast to the N2.059 trillion it ended a day earlier.
During the second trading day of the week, the price of Mixta Real Estate Plc depleted by 34 Kobo to finish at N7.00 per share compared with the previous day’s closing price of N7.34 per share.
Yesterday, the volume of securities traded by the market participants surged by 217.9 per cent to 10.1 million units from the previous day’s 3.2 million units, but the value of securities transactions by investors slumped by 97.2 per cent to N14.9 million from N536.5 million and the number of deals fell by 60 per cent to 11 deals from 28 deals.
At the close of business, Okitipupa Plc was the most traded stock by value on a year-to-date basis with 165.2 million units transacted for N7.1 billion, followed by Air Liquide Plc with 507.3 million units worth N4.2 billion, and FrieslandCampina Wamco Nigeria Plc with 45.3 million units valued at N2.0 billion.
Industrial and General Insurance (IGI) Plc was the most traded stock by volume on a year-to-date basis with 1.2 billion units worth N419.2 million, trailed by Impresit Bakolori Plc with 536.9 million units for N524.8 million, and Air Liquide Plc with 507.3 million units valued at N4.2 billion.