By Adedapo Adesanya
The absence of a price gainer and price loser at the NASD Over-the-Counter (OTC) Securities Exchange left Nigeria’s unlisted stock exchange in the flat territory on Friday, May 27 as key performance indicators remained unchanged.
Business Post reports that the market capitalisation of the NASD exchange retained the previous value of N1.05 trillion, while the NASD Unlisted Securities Index (NSI) remained intact at 794.85 points.
However, the activity chart recorded movements during the session as investors traded a total of 50 units of securities in contrast to the 141,642 units of securities transacted in the preceding session, indicating a fall of 99.9 per cent.
Equally, the value of shares exchanged by the market participants depreciated by 99.9 per cent to N850 in contrast to N12.9 million recorded in the previous session.
In the same vein, the total number of deals executed on the last trading session of the week went down by 85.7 per cent to only one trade compared with the seven deals carried out a day earlier.
At the close of business, AG Mortgage Bank Plc finished as the most traded stock by volume on a year-to-date basis with the sale of 2.3 billion units worth N1.2 billion, Central Securities Clearing System (CSCS) Plc also retained the second spot with the sale of 662.2 million units valued at N13.9 billion, while Food Concepts Plc was in third place for trading 138.0 million units valued at N118.7 million.
CSCS Plc maintained its position as the most active stock by value on a year-to-date basis with a turnover of 662.2 million units valued at N13.9 billion, VFD Group Plc was in second place with a turnover of 9.4 million units worth N2.9 billion, while AG Mortgage Plc retained the third place with the sale of 2.3 billion units valued at N1.2 billion.
