By Adedapo Adesanya
The NASD Over-the-Counter (OTC) Securities Exchange index closed on Monday, June 3 in the negative after it depreciated by 1.02 per cent, with the NASD Unlisted Security Index (NSI) plunged by 15.65 points to wrap the session at 1,525.84 points compared with 1,541.49 points recorded in the previous session.
Also, the market capitalisation of the NASD OTC bourse depreciated by 0.9 per cent or N19.57 billion to wrap the session at N2.091 trillion, in contrast to the preceding day’s N2.111 trillion.
The negative outcome came as four equities landed in the losers’ territory, with Geo Fluids Plc recording a 19 Kobo loss to end the session at N1.90 per unit versus N2.05 per unit, FrieslandCampina Wamco Nigeria Plc fell by N1.71 to end at N50.00 per share compared with last Friday’s closing price of N51.71 per share, Aradel Holdings Plc lost N78.39 to close at the session at N4,966 per unit versus N5,044.39 per unit, and Afriland Properties Plc declined by 20 Kobo to N17.00 per share from N17.20 per share.
Yesterday, the total volume of stocks transacted by investors went up by 160.3 per cent to 1.9 million units from 727,528 units, but the value of trades depreciated by 67.1 per cent to N182.8 million from N556.0 million, and the number of deals decreased by 51.4 per cent to 36 deals from 74 deals.
At the close of business, Capital Hotels Plc was the most traded stock by volume on a year-to-date basis with 228.6 million units sold for N1.1 billion, Mixta Real Estate Plc occupied the second spot with the sale of 139.8 million units for N240.1 million, and Central Securities Clearing System (CSCS) Plc was in third position with 101.0 million units valued at N2.5 billion.
Aradel Holdings Plc ended the session as the most traded stock by value on a year-to-date basis with a turnover of 5.8 million units valued at N14.3 billion, CSCS Plc followed with 101.0 million units worth N2.5 billion, and Capital Hotels Plc has traded 228.6 million units valued at N1.1 billion.