Adedapo Adesanya
By Adedapo Adesanya
There was no price gainer or loser at the NASD Over-the-Counter (OTC) Securities Exchange on Monday as the bourse closed flat on the first trading session of the week.
As a result, the key performance indicators at the unlisted securities remained unchanged from the previous session, with the market capitalisation static at N1.006 trillion and the NASD Unlisted Securities Index (NSI) rooted at 764.41 points.
Despite the stalemate, the activity chart recorded movements as the value of shares exchanged by the market participants appreciated by 3900.2 per cent to N293.9 million from N7.3 million.
However, the volume of transactions went down by 31.8 per cent as investors traded a total of 1.3 million units of securities in contrast to the 1.9 million units of securities transacted in the preceding session.
In the same vein, the number of trades depreciated during the session by 35.7 per cent as nine deals were executed compared with the 14 deals carried out last Friday.
At the close of business, on a year-to-date basis, AG Mortgage Bank Plc remained the most traded stock by volume with the sale of 2.3 billion units valued at N1.2 billion, Central Securities Clearing System (CSCS) Plc stood in second place with a turnover of 673.5 million units worth N14.1 billion, while Food Concepts Plc was in third place with the sale of 146.0 million units valued at N126.7 million.
On the flip side, CSCS Plc was the most active stock by value on a year-to-date basis with a turnover of 673.5 million units worth N14.1 billion, VFD Group was in second place with the sale of 10.9 million units valued at N3.2 billion, while FrieslandCampina WAMCO Nigeria Plc was in third place with the sale of 9.6 billion units valued at N1.2 billion.
