By Adedapo Adesanya
The NASD Over-the-Counter (OTC) Securities Exchange extended its presence in the positive zone as it appreciated by 0.47 per cent on Thursday, January 18 following the rise in the prices of four stocks.
The appreciation in these stock prices increased the NASD Unlisted Security Index (NSI) by 4.53 points to wrap the session at 971.06 points compared with 966.53 points recorded in the previous session.
Equally, the total value of securities at the bourse improved by N6.14 billion to finish the trading session at N1.316 trillion, in contrast to the N1.31 trillion it ended in the midweek trading day.
Aradel Plc led the gainer’s group after it chalked up N17.09 to settle at N1,370.20 per share compared with the preceding day’s N1,353.11, FrieslandCampina Wamco Nigeria Plc added 93 Kobo to its value to sell for N76.05 per unit compared with the previous day’s N75.12 per unit, UBN Property Plc appreciated by 12 Kobo to N1.85 per share from N1.73 per share, and Acorn Petroleum jumped by 4 Kobo to 70 Kobo per unit from the previous day’s 66 Kobo per unit.
On the flip side, Industrial and General Insurance (IGI) Plc depreciated yesterday by 1 Kobo to close at 26 Kobo per share, in contrast to Wednesday’s closing price of 27 Kobo per share.
As for the activity chart, the volume of transactions went down by 97.9 per cent to 542,920 units from 26.9 million units, the value of trades decreased by 86 per cent to N14.7 million from N105.2 million, while the number of deals increased by 5.6 per cent to 19 deals from the 18 deals recorded in the preceding trading day.
The most traded stock by volume (year-to-date) was IPWA Plc with 48.9 million units worth N24.4 million, UBN Property was in second place with 28.0 million units valued at N49.0 million, and Geo-Fluids Plc stood in third place with 20.0 million units sold for N48.0 million.
Aradel Plc ended the trading session as the most traded stock by value (year-to-date) with 287,872 units valued at N354.0 million, FrieslandCampina Wamco Nigeria Plc followed with 1.3 million units worth N95.4 million, and UBN Property Plc was in third place with 28.0 million units sold for N49.0 million.
