There was a 1.10 per cent depreciation at the NASD Over-the-Counter (OTC) Securities Exchange on Monday, December 23 as investors booked profit ahead of the Christmas break.
This was largely influenced by the decline suffered by three securities on the trading platform, with FrieslandCampina Wamco Nigeria Plc losing N3.84 to sell for N40.00 per share compared to the previous session’s N43.84 per share.
Further, Central Securities Clearing System (CSCS) lost N1.50 to close at N22.00 per unit versus the preceding trading day’s N23.50 per unit, and First Trust Microfinance Bank moderated by 2 Kobo to 34 Kobo per share from 36 Kobo per share.
Conversely, Okitipupa Plc appreciated by N3.27 to end at N35.99 per unit compared with last Friday’s closing price of N32.72 per unit, Geo-Fluids Plc improved its value by 32 Kobo to sell at N4.20 per share versus the previous session’s N3.88 per share, and UBN Property Plc recorded an 11 Kobo appreciation to trade at N2.00 per unit, in contrast to the preceding trading day’s value of N1.89 per unit.
When the bourse ended for the session, the market capitalisation lost N12 billion to settle at N1.031 trillion compared with last Friday’s N1.043 trillion and the NASD Unlisted Security Index (NSI) gave up 33.49 points to end the day at 3,009.78 points as against 3,043.27 points it recorded at the previous session.
Yesterday, the volume of securities traded at the bourse significantly rose by 628.8 per cent to 8.6 million units from the 1.2 million units of the previous session, but the value of securities transacted by the market participants went down by 22.5 per cent to N39.6 million from N51.2 million, as the number of deals increased by 158.3 per cent to 31 deals from the 12 deals recorded in the preceding trading day.
At the close of business, Geo-Fluids Plc was the most traded equity by volume on a year-to-date basis with 1.7 billion units worth N4.0 billion, trailed by Okitipupa Plc with 752.4 million units valued at N7.8 billion, and Afriland Properties Plc with 297.7 million units sold for N5.3 million.
The most traded equity by value on a year-to-date basis was still Aradel Holdings Plc with 108.7 million units valued at N89.2 billion, followed by Okitipupa Plc with 752.4 million units sold for N7.8 billion, and Afriland Properties Plc with 297.7 million units worth N5.3 billion.