Adedapo Adesanya
By Adedapo Adesanya
The NASD Over-the-Counter (OTC) Securities Exchange closed flat on Friday, February 16, its first in the year, as the major performance indicators remained unchanged at the close of trading activities.
Business Post reports that the market capitalisation of the alternative securities exchange remained unchanged at N1.56 trillion yesterday as the NASD Unlisted Security Index (NSI) remained at 1,151.26 points.
At the close of transactions, the bourse was with no single price gainer or loser, as all the stocks trading on the platform retained their preceding day’s prices.
However, the activity chart witnessed changes as investors traded a total of 60,988 units of securities, in contrast to the 22,421 units of securities transacted in the preceding session, indicating a jump of 172.0 per cent.
The value of shares exchanged by the market participants went higher by 88.3 per cent to N25.2 million from the N13.4 million recorded in the previous session.
In the same vein, the total number of deals executed during the last trading session of the week increased by 128.6 per cent to 16 transactions from the seven transactions carried out a day earlier.
Mixta Real Estate Plc remained the most traded stock by volume on a year-to-date basis with a turnover of 69.9 million units sold for N114.5 million, IPWA Plc was in second place with 48.9 million units worth N24.4 million, and Geo-Fluids Plc stood in third place with 40.4 million units valued at N99.4 million.
Aradel Holdings Plc also finished the trading session as the most traded stock by value on a year-to-date basis for transacting a total of 1.0 million units valued at N1.9 billion, FrieslandCampina Wamco Nigeria Plc occupied second place with the sale of 3.1 million units for N239.0 million, and Mixta Real Estate Plc ended third on the table after selling 69.9 million units valued at N114.5 million.
