By Adedapo Adesanya
The NASD Over-the-Counter (OTC) Securities Exchange recorded a 0.15 per cent growth in Week 39, amid a tepid trading week as top market bellwether, Aradel Holdings Plc, wrapped its final week of suspension ahead of its exit from the bourse.
The market capitalisation closed at N3.060 trillion, gaining N10 billion. In the preceding week, it closed at N3.050 trillion.
Also, the NASD Unlisted Security Index (NSI) appreciated by 0.74 points during the trading week to settle at 2,228.47 points versus 2,227.73 points in Week 38.
In the five-day trading week, the volume of equities traded by investors surged by 5,485.1 per cent to 592.14 million units from 10.6 million units, the value of securities traded by the market participants rose by 58 per cent to N3.56 billion from N2.25 billion, while the number of deals went down by 51.3 per cent to 154 deals from 316 deals in the previous week.
Okitipupa Plc topped the activity chart by value with N2.6 billion, trailed by Geo-Fluids Plc with N930 million, NASD Plc raked in N220 million, Afriland Properties Plc posted N120 million, and CSCS Plc recorded N80 million.
However, Geo-Fluids Plc was the most traded security by volume with 338.4 million units, Okitipupa Plc traded 250.3 million units, NASD Plc exchanged 1.4 million units, Afriland Properties Plc transacted 0.81 million units, and Acorn Petroleum Plc traded 0.594 million units.
There were six price gainers and three price losers in the 39th week of trading this year at the unlisted securities market.
Okitipupa Plc gained 10.0 per cent to end at N10.30 per share versus N9.36 per share, Nipco Plc which increased by 9.9 per cent to N80.57 per unit from N73.25 per unit, Industrial and General Insurance (IGI) Plc expanded by 5.0 per cent to 21 Kobo per share from 20 Kobo per share, Geo-Fluids advanced by 3.4 per cent to N2.75 per unit from N2.66 per unit, Central Securities Clearing System (CSCS) Plc leapt by 3.3 per cent to N20.50 per share from N19.85 per cent, and NASD Plc also went up by 3.3 per cent to N15.49 per unit from N15.00 per unit.
Conversely, Afriland Properties Plc fell by 15.6 per cent to end at N14.71 per share versus N15.00 per share, Acorn Petroleum Plc depreciated by 6.7 per cent to N1.12 per unit from N1.20 per unit, and FrieslandCampina Wamco Nigeria Plc lost 0.9 per cent to close at N47.54 per share versus N48.00 per share.
