The NASD Over-the-Counter (OTC) Securities Exchange recorded its best performance this year on Tuesday, June 2, closing higher by 1.89 per cent.
During the session, the NASD Unlisted Security Index (NSI) went up by 81.62 points to 4,406.30 points from the preceding day’s 4,324.68 points, and the market capitalisation added N48.48 billion to close at N2.636 trillion compared with Monday’s N2.587 trillion.
Business Post reports that the bourse recorded five price gainers and one price loser, Geo-Fluid Plc, which fell by 1 Kobo to N2.87 per unit from N2.88 per unit.
Conversely, Nipco Plc gained N31.57 to sell at N347.27 per share versus N315.70 per share, FrieslandCampina Wamco Nigeria Plc grew by N9.86 to N196.51 per unit from N186.68 per unit, Central Securities Clearing System (CSCS) Plc improved by N3.13 to N76.10 per share from N72.97 per share, Food Concepts Plc added 27 Kobo to sell at N2.95 per unit compared with the preceding day’s N2.68 per unit, and UBN Property Plc expanded by 17 Kobo to N2.20 per share from N2.03 per share.
Yesterday, the volume of securities transacted by investors depreciated by 91.4 per cent to 307,363 units from the previous session’s 3.6 million units, and the value of securities dropped 75.9 per cent to N42.8 million from the preceding session’s N177.4 million, while the number of deals went up by 13.5 per cent to 42 deals from Monday’s 37 deals.
At the close of trades, Great Nigeria Insurance (GNI) Plc was the most traded stock by value on a year-to-date basis with 3.4 billion units traded for N8.4 billion, followed by Infrastructure Credit Guarantee (Infracredit) Plc with 2.3 billion units sold for N6.5 billion, and CSCS Plc with 64.3 million units exchanged for N4.4 billion.
GNI Plc also finished as the most active stock by volume on a year-to-date basis with 3.4 billion units worth N8.4 billion, followed by Infracredit Plc with 2.3 billion units valued at N6.5 billion, and Resourcery Plc with 1.1 billion units sold for N415.7 million.