By Adedapo Adesanya
The NASD Over-the-Counter (OTC) Securities Exchange closed the week in a flat territory on Friday, November 12 as the major performance indicators of the unlisted securities exchange remained unchanged at the close of transactions.
The NASD Unlisted Security Index was intact at 757.16 points yesterday as the capitalisation retained its previous value of N625.55 billion, according to data from the bourse.
It was observed that the market was relatively quiet during the session as not much activity was recorded, going by the activity chart.
A total of 20,900 units of securities were transacted by investors at the last trading session of the week in contrast to the 222,154 units of securities transacted at the previous session, indicating a fall of 90.6 per cent.
Equally, the value of shares exchanged by the market participants plunged, this time by 56.0 per cent to N2.5 million from N5.7 million recorded at the previous session.
In the vein, the number of deals carried out during the trading session went down by 66.7 per cent as only five deals were completed as against the 15 deals carried out at the preceding session.
When the market closed for the day, there was no single price gainer or price loser as the value of all stocks admitted on the exchange remained unchanged.
Food Concepts Plc maintained its spot as the most active stock by volume (year-to-date) as it has traded 11.4 billion units of its shares for N14.4 billion. Lighthouse Financial Services Plc retained the second spot as it has traded 1.1 billion valued at N546.2 million, while the third-place remained Geo Fluids Plc with 1.0 billion units worth N700 million.
Also, Food Concepts Plc was still the most traded stock by value (year-to-date) for selling 11.4 million units of its securities for N14.4 billion. The second spot was occupied by Nigerian Exchange (NGX) Group Plc with the sale of 456.4 million units worth N9.2 billion, while VFD Group Plc claimed third with 10.4 million units valued at N3.5 billion.
