By Adedapo Adesanya
The National Association of Securities Dealer (NASD) Over-the-Counter (OTC) Securities Exchange extended its gains on Friday, July 29 by 0.08 per cent.
This raised the total value of the unlisted stock market by N810 million to N1.031 trillion from the preceding day’s N1.030 trillion as the NASD Unlisted Securities Index (NSI) went up by 0.61 points to wrap the session at 772.07 points compared with 771.91 points of the previous session.
The growth witnessed during the session was inspired by a rise in the stock price of CitiTrust Plc by 90 Kobo to N10.40 per share from Thursday’s N9.50 per share.
However, the share price of NASD Plc went down by 20 Kobo on the final trading day of the week to N17.95 per unit from N18.15 per unit.
During the session, the volume of securities traded by investors at the bourse increased by 85.3 per cent to 261,400 units from the previous day’s 140,892 million units, the value of stocks exchanged by market participants, however, went south by 21.5 per cent to N5.3 million from N6.8 million as the number of deals depreciated by 6.3 per cent to 15 deals from 16 deals.
When the market ended for the day, AG Mortgage Bank Plc remained 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 Systems (CSCS) Plc stood in second place with a turnover of 682.6 million units worth N14.2 billion, while Food Concepts Plc was in third place with the sale of 146.5 million units valued at N127.2 million.
CSCS Plc also retained its position as the most active stock by value (year-to-date) with a turnover of 682.6 million units worth N14.2 billion, VFD Group Plc was in second place with the sale of 11.1 million units sold for N3.3 billion, while FrieslandCampina WAMCO Nigeria Plc was in third place with a turnover of 13.4 million units valued at N1.6 billion.
Dipo Olowookere