Six securities led by FrieslandCampina Wamco Nigeria Plc further weakened the NASD Over-the-Counter (OTC) Securities Exchange by 0.48 per cent on Tuesday, June 9.
The notable dairy firm lost N7.87 during the trading day to close at N173.81 per unit compared with the previous session’s N181.68 per unit, Nitrox Industrial Gases Plc depreciated by N2.42 to N21.88 per share from N24.30 per share, Afriland Properties Plc dipped by N1.25 to N15.55 per unit from N16.80 per unit, Food Concepts Plc stumbled by 27 Kobo to N2.48 per share from N2.75 per share, UBN Property Plc dropped 9 Kobo to settle at N2.11 per unit versus N2.20 per unit, and Industrial and General Insurance (IGI) Plc crashed by 4 Kobo to 50 Kobo per share from 54 Kobo per share.
As a result of these losses, the market capitalisation went down by N12.50 billion to N2.593 trillion from N2.606 trillion, and the NASD Unlisted Security Index (NSI) declined by 20.89 points to 4,335.31 points from 4,356.20 points.
Business Post reports that there was a price gainer yesterday, and this was Central Securities Clearing System (CSCS) Plc, which improved its value by N2.65 to N81.13 per unit from N78.48 per unit.
The volume of transactions soared on Tuesday by 644.3 per cent to 1.6 million units from 213,188 units, the value of trades increased by 208.6 per cent to N62.3 million from N20.2 million, and the number of deals surged by 64 per cent to 41 deals from 25 deals.
The most active stock by value on a year-to-date basis remained Great Nigeria Insurance (GNI) Plc, with 3.4 billion units worth N8.4 billion, trailed by Infrastructure Credit Guarantee (Infracredit) Plc with 2.3 billion units transacted for N6.5 billion, and CSCS Plc with 65.1 million units sold for N4.4 billion.
GNI Plc was also the most traded stock by volume on a year-to-date basis, with 3.4 billion units valued at N8.4 billion, followed by Infracredit Plc with 2.3 billion units exchanged for N6.5 billion, and Resourcery Plc with 1.1 billion units traded for N415.7 million.