Economy
NASD Investors Lose 2.67% in Week 40 of 2025
By Adedapo Adesanya
The 40th trading week at the NASD Over-the-Counter (OTC) Securities Exchange witnessed a 2.67 per cent week-on-week decline due to profit-taking by investors.
In the week, the NASD Unlisted Security Index (NSI) depleted by 96.63 points to close at 3,448.78 points, in contrast to the preceding week’s 3,545.41 points, and the market capitalisation lost N57.81 billion to finish at N2.063 trillion, in contrast to the N2.121 trillion it ended in Week 39.
The 40th week’s trading data showed that the total value of transactions slumped by 41.6 per cent to N175.5 million from the previous week’s N300.7 million, but the total volume of trades jumped by 121.1 per cent to 15.53 million units from 7.03 million units, as the number of deals increased by 4.82 per cent to 87 deals from 83 deals.
The most traded stock by value was Purple Real Estate Plc with N100.8 million, 11 Plc recorded N46.6 million, Central Securities Clearing System (CSCS) Plc posted N13.4 million, FrieslandCampina Wamco Nigeria Plc traded N8.2 million, and Geo-Fluids Plc achived N3.7 million.
In terms of volume, Purple Real Estate Plc reported 10.1 million units, First Trust Mortgage Bank Plc transacted 3.6 million units, Geo-Fluids Plc sold 0.93 million units, CSCS Plc quoted 0.41 million units, and 11 Plc recorded 0.23 million unit.
The alternative stock exchange had six price decliners and one price advancer led by Mixta Real Estate Plc, which gained 10 per cent to close at N6.68 per unit compared with the preceding week’s N6.07 per unit.
However, CSCS Plc lost 25.7 per cent to end at N30.85 per share versus N41.50 per share, Lagos Building Investment Company (LBIC) Plc slipped by 9.9 per cent to N2.63 per unit versus N2.92 per unit, UBN Property Plc declined by 7.9 per cent to N1.98 per share from N2.15 per share, FrieslandCampina Wamco Nigeria Plc depreciated by 6.7 per cent to N54.00 per unit from N57.87 per unit, Geo-Fluids Plc went down by 1.5 per cent to N4.01 per share from N4.07 per share, and 11 Plc tumbled by 0.8 per cent to N223.30 per unit from N225.00 per unit.
