Adedapo Adesanya
By Adedapo Adesanya
The NASD Over-the-Counter (OTC) Securities Exchange closed flat on Friday amid a decline in the level of activity, according to data from the exchange.
It was the second trading session of the month of September and when the market closed for the day, the key performance indicators of the NASD OTC bourse retained the values of the previous session, with the unlisted securities index at 762.12 points and the market capitalisation at N1.003 trillion.
During the trading day, the value of trades went down by 91.7 per cent to N122.9 million from the previous day’s N753,550, the volume of transactions depreciated by 81.9 per cent to 21,900 units compared with the 121,600 units traded on Thursday, while the number of deals increased yesterday by 33.3 per cent to eight deals from the preceding day’s seven.
Business Post reports that the value all stocks on the platform remained unchanged as none increased or decreased at the close of business.
AG Mortgage Bank Plc was 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 686.6 million units worth N14.2 billion, while Food Concepts Plc was in third place with 147.8 million units valued at N128.4 million.
CSCS Plc was the most traded stock by value on a year-to-date basis with a turnover of 686.6 million units worth N14.2 billion, VFD Group Plc was in second place with 24.5 million units valued at N6.6 billion, while FrieslandCampina WAMCO Nigeria Plc was in third place with 14.1 million units valued at N1.7 billion.
