By Modupe Gbadeyanka
Trading activities on the floor of the NASD OTC Market ended this week on a brighter note with appreciation recorded by the major market indicators.
Specifically, the NASD Unquoted Stock Index (USI) advanced by 0.23 percent, while the market capitalisation also improved by the same margin, 0.23 percent.
Business Post reports that the NASD closed at 662.80 points this week against 661.30 points last Friday, while the market capitalisation finished at N448.53 billion compared with N447.52 billion last Friday.
This occurred after both the NASD USI and market capitalisation had suffered successive week-on-week (w-o-w) losses.
Central Securities Clearing System (CSCS) emerged the highest price gainer this week, closing at N9.51k per share against N8.90k in the previous session.
Niger Delta Exploration & Production followed after finishing at N145.11k per share in contrast to N145 per share in the last session, while NIPCO ended at N73.50k compared with N73.11k last session.
On the flip side, Acorn Petroleum topped the loser’s chart after recording 8.70 percent loss of its share value to close at 21k per share against 23k per share in the previous session.
FrieslandCampina WAMCO Nigeria followed after going down by 1.27 percent to finish at N155 per share compared with N157 per share in the past session.
Adedapo Adesanya