By Adedapo Adesanya
The NASD Over-the-Counter (OTC) Securities Exchange closed flat on Tuesday, January 11 as the key performance indicators remained unchanged from the previous session.
Business Post reports that the market capitalisation of the NASD trading platform retained the previous value of N636.05 billion, while the NASD Unlisted Security Index (NSI) remained rooted at 751.14 points.
The stalemate witnessed yesterday came even as trading data showed a reduction in the volume, value, and the number of deals carried out at the bourse.
Investors traded a total of 10,900 units of securities in contrast to the 442,375 units of securities transacted at the preceding session, indicating a fall of 97.5 per cent.
The value of shares exchanged by the market participants also depreciated, this time by 96.9 per cent to N316,000 from N10.3 million published at the bourse at the Monday session.
The total number of deals executed went down by 85 per cent as three deals were performed at the exchange as against the 20 deals printed at the preceding session.
At the close of transactions, the value of stocks on the exchange remained intact.
Central Securities Clearing Systems (CSCS) Plc maintained its position as the most traded stock by volume (year-to-date) with the sale of 473,340 units valued at N9.4 million, Friesland Campina WAMCO Nigeria Plc in second place has so far traded 26,644 units valued at N3.1 million, while Nipco Plc was in third place with 5,308 units valued at N334,404.
Also, CSCS Plc finished the trading session as the most traded stock by value (year-to-date) with the sale of 473,340 units valued at N9.4 million. It was followed by Friesland Campina WAMCO Nigeria Plc with the exchange of 26,644 units of its stocks for N3.1 million, and Nipco Plc with the sale of 5,308 units worth N334,404.
Modupe Gbadeyanka