By Adedapo Adesanya
The NASD Over-the-Counter (OTC) Securities Exchange recorded a 0.26 per cent depreciation on Monday, January 15.
The loss depleted the market capitalisation of Nigeria’s unlisted securities by N3.35 billion to N1.290 trillion from the N1.293 trillion it closed in the preceding session, which was last Friday.
Following the same trend was the benchmark market index, the NASD Unlisted Security Index (NSI), which decreased by 2.47 points to wrap the session at 952.08 points compared with 954.55 points in the previous session.
The flop recorded yesterday by the alternative bourse was triggered by a N1.96 decline in the share price of FrieslandCampina Wamco, closing at N78.37 per unit compared with the preceding session’s N80.33 per unit.
However, Geo Fluids Plc gained 9 Kobo to sell at N2.59 per unit versus last Friday’s N2.50 per unit, and Acorn Petroleum Plc appreciated by 5 Kobo to 65 Kobo per share from 60 Kobo per share.
The volume of securities traded in the first session of the week went down by 28.6 per cent to 147,737 units from 206,771 units, the value of shares traded declined by 15.9 per cent to N9.2 million from the N10.9 million achieved in the previous trading day, and the number of deals depreciated by 13.3 per cent to 13 deals, in contrast to the 15 deals carried out in the previous trading session.
At the close of business, UBN Property Plc remained the most traded stock by volume on a year-to-date basis with 24.4 million units worth N42.7 million, Geo-Fluids was in second place with 20.0 million units valued at N48.0 million, and Purple Real Estate Plc stood in third place with the sale of 5.5 million units for N28.8 million.
Similarly, Aradel Plc maintained its title as the most traded stock by value on a year-to-date basis with 277,902 units valued at N333.6 million, Geo-Fluids Plc was in second place with 20.0 million units worth N48.0 million, and UBN Property Plc was in third place with 24.4 million units worth N42.7 million.
Modupe Gbadeyanka 
Dipo Olowookere