By Adedapo Adesanya
The NASD Over-the-Counter (OTC) Securities Exchange recorded a 0.39 per cent depreciation on Tuesday, February 6 after five stocks closed in the red zone and three stocks finished in the green territory.
Traders at the bourse lost N5.88 billion during the trading day as the market capitalisation depreciated to N1.508 trillion from N1.514 trillion as the NASD Unlisted Security Index (NSI) went down by 4.34 points to wrap the session at 1,112.77 points compared with 1,117.11 points of the previous session.
Geo-Fluids Plc fell by 24 Kobo to end at N2.35 per unit versus N2.59 per unit, Industrial and General Insurance (IGI) Plc dropped by 2 Kobo to sell at 22 Kobo per share versus 24 Kobo per share, Central Securities Clearing System (CSCS) Plc slid by 36 Kobo to sell at N18.64 per unit versus N19.00 per unit, FrieslandCampina Wamco Nigeria Plc lost N1.36 to end the session at N77.14 per unit compared with the previous day’s N78.50 per unit, and Aradel Holdings Plc dipped by N7.00 per cent to quote at N2,200 per share, in contrast to Monday’s closing price of N2,207.00 per share.
But Afriland Properties Plc gained 12 Kobo to sell at N4.09 per unit compared with the preceding session’s N3.97, Air Liquide Plc rose by 65 Kobo to settle at N7.30 per share versus the previous day’s N6.65 per share, and Newrest ASL gained N1.77 to close at N19.48 per unit compared with Monday’s closing price of N17.71 per unit.
Yesterday, the value of transactions increased by 305.8 per cent to N88.9 million from N21.9 million, the number of deals rose by 47.4 per cent to 28 deals from 19 deals, while the volume of transactions depreciated by 30.8 per cent to 884,375 units from 1.8 million units.
IPWA Plc remained the most traded stock by volume (year-to-date) for exchanging 48.9 million units worth N24.4 million, UBN Property Plc was in second place with 36.2 million sold for N63.2 million, and Geo-Fluids stood in third place with 30.1 million units valued at N73.7 million.
Aradel Plc closed the day as the most traded stock by value (year-to-date) with 541,167 units worth N841.3 million, FrieslandCampina Wamco Plc followed with 2.5 million units valued at N194.4 million, and Geo-Fluids Plc was in third place with 30.1 million units sold for N73.7 million.