Unlisted Securities in Nigeria Gain 0.19%

Okitipupa Plc gained N5.79 at midweek to close at N63.75 per unit compared with Tuesday’s value of N57.96 per unit, UBN Property Plc expanded by 18 Kono to trade at N2.02 per share versus the preceding day’s N1.84 per share, and Industrial and General Insurance (IGI) Plc jumped by 2 Kobo to finish at 42 Kobo per unit, in contrast to 40 Kobo per unit.

At the close of business, the value of the bourse increased by N3.33 billion to N1.769 trillion from N1.766 trillion and the NASD Unlisted Security Index (NSI) went up by 20.05 points to 3,123.70 points from the 3,117.82 points quoted at the recent session.

During the trading day, Acorn Petroleum lost 14 Kobo to end at N1.40 per share versus N1.54 per share and FrieslandCampina Wamco Nigeria Plc depreciated by 29 Kobo to N39.68 per unit from N38.97 per unit.

The volume of securities bought and sold on Wednesday increased by 3,193.8 per cent to 14.9 million units from the 460,564 units posted a day earlier, the value of shares traded by investors also went up by 78.6 per cent to N30.1 million from N16.9 million, and the number of deals grew by 33.8 per cent to 28 deals from the 21 deals recorded in the preceding trading session.

The most active stock by volume on a year-to-date basis remained Impresit Bakolori Plc with 406.5 million units worth N386.1 million, followed by Industrial and General Insurance (IGI) Plc with 26.3 million units sold for N6.3 million, and Geo-Fluids Plc with 9.2 million units valued at N44.3 million.

Also, Impresit Bakolori Plc was the most active stock by value on a year-to-date basis with 406.5 million units worth N386.1 million, followed by FrieslandCampina Wamco Nigeria Plc with 4.3 million units valued at N170.4 million, and Geo-Fluids Plc with 9.1 million units sold for N44.3 million.