By Adedapo Adesanya
The NASD Over-the-Counter (OTC) Securities Exchange recorded a 0.33 per cent depreciation on Friday, November 1 triggered by three price decliners.
The value of the bourse went down by N3.43 billion during the session to N1.049 trillion from the N1.052 trillion it closed in the preceding session and the NASD Unlisted Security Index (NSI) made a loss of 9.77 points to wrap the session at 2,993.71 points compared with 3,003.48 points recorded at the previous session.
Geo-Fluids Plc fell by 36 Kobo to sell at N3.59 per unit versus Thursday’s closing price of N3.95 per unit, Nicpo Plc declined by N7.13 to close at N98.50 per share compared with the preceding session’s N105.63 per share and UBN Property Plc crashed by 10 Kobo to end the session at N1.70 per unit, in contrast to the previous day’s N1.50 per unit.
However, Okitipupa Plc gained 2 Kobo to trade at N20.32 per share compared with the N20.30 per share it finished a day earlier.
There was a 1,715 per cent rise in the volume of securities traded in the final session of the week to 2.9 million units from the 161,502 securities traded in the preceding session.
Equally, the value of shares transacted yesterday witnessed a 410.4 per cent increase to N24. 8 million from the N24.8 million recorded a day earlier.
However, there was a decline of 39.1 per cent in the number of deals completed during the session to 14 deals from the 33 deals executed in the preceding day.
Geo-Fluids Plc remained as the most traded stock by volume (year-to-date) with 1.6 billion units sold for N3.8 billion, followed by Okitipupa Plc with 751.3 million units valued at N7.7 billion, and Afriland Properties Plc with 296.6 million units worth N5.3 million.
Aradel Holdings Plc also remained the most active stock by value (year-to-date) with 108.7 million units worth N89.2 billion, trailed by Okitipupa Plc came with 751.3 million units valued at N7.7 billion, and Afriland Properties Plc with 296.6 million units sold for N5.3 billion.
