Adedapo Adesanya
By Adedapo Adesanya
The key performance indicators of the NASD Over-the-Counter (OTC) Securities Exchange finished on Friday the same way it ended a day earlier.
Business Post reports that this scenario occurred as Nigeria’s unlisted securities market recorded neither a price gainer nor a price loser at the close of the trading session.
When the bourse finished for the day, the market capitalisation remained unchanged at N958.19 billion as the NASD Unlisted Securities Index (NSI) closed flat at 727.88 basis points.
However, the volume of shares traded by investors increased by 1,870.0 per cent to 614,276 units from the 31,181 units transacted in the preceding session.
Also, the value of shares exchanged by the market participants skyrocketed by 2,503.3 per cent to 135.8 million from the N5.2 million recorded in the previous session.
But the number of deals closed downwards by 85.7 per cent as only a single deal was carried out yesterday compared with the seven deals executed a day earlier.
AG Mortgage Bank Plc remained the most traded stock by volume on a year-to-date basis with the sale of 2.3 billion units valued at N1.2 billion, Central Securities Clearing System (CSCS) Plc stood in second place with the sale of 687.7 million units valued at N14.3 billion while Mixta Real Estate Plc was in third place with a turnover of 178.1 million units valued at N313.4 million.
Similarly, CSCS Plc ended the trading session as the most traded stock by value on a year-to-date basis with the sale of 687.7 million units worth N14.3 billion, VFD Group Plc was in second place with a turnover of 28.7 million units valued at N7.6 billion while FrieslandCampina WAMCO Nigeria Plc was in third place with the sale of 14.4 million units valued at N1.7 billion.
