By Adedapo Adesanya
The NASD Over-the-Counter (OTC) Securities Exchange closed in a stalemate on Tuesday, August 20 with no price mover on record.
The market capitalisation remained unchanged at N2.024.04 trillion during the session and the NASD Unlisted Security Index (NSI) was intact at 1,477.03 points.
This happened amid a slight increase in the number of deals executed yesterday by 3.2 per cent to 33 deals from the 32 deals carried out in the preceding trading session.
Data showed that the value of securities traded at the session rose by 168.9 per cent to N338.5 million from the N126.0 million recorded a day earlier.
However, there was a drop in the volume of shares traded yesterday by investors to 117,987 units from the 597,419 units recorded on Monday, showing a decline of 80.3 per cent.
When trading activities ended for the session, Afriland Properties Plc was the most active stock by volume on a year-to-date basis with a turnover of 292.9 million units worth N5.2 billion, followed by Capital Hotels Plc with 259.6 million valued at N1.3 billion, and Industrial and General Insurance (IGI) Plc with the sale of 218.8 million units for N46.1 million.
Also, Aradel Holdings Plc ended the trading session as the most active stock by value on a year-to-date basis with 9.7 million units valued at N32.3 billion, trailed by Afriland Properties Plc with 292.9 million units sold for N5.2 billion, and Central Securities Clearing System (CSCS) Plc with 105.8 million units worth N2.5 billion.
Modupe Gbadeyanka