By Adedapo Adesanya
The NASD Over-the-Counter (OTC) Securities Exchange was down by 2.38 per cent on Tuesday, June 25 as investors continued to take profit from the market.
The NASD Unlisted Security Index (NSI) fell by 37.43 points to wrap the session at 1,537.55 points compared with the 1,572.98 points recorded in the previous session. At the same time, the market capitalisation dropped N51.29 billion to settle at N2.106 trillion, in contrast to Monday’s closing value of N2.158 trillion.
During the trading day, the bourse witnessed three price losers and two price gainers, according to data obtained by Business Post.
First Trust Mortgage Plc Bank lost 4 Kobo to close at 37 Kobo per unit compared to the previous value of 41 Kobo per unit, Aradel Holdings Plc decreased by N234.33 to sell for N5,000.00 per share versus the previous day’s N5,234.33 per share, and Central Securities Clearing System (CSCS) Plc declined by 50 Kobo to quote at N20.50 per unit compared with the N21.00 per unit it closed a day earlier.
Inversely, FrieslandCampina Wamco Nigeria Plc gained N1.04 to close at N48.89 per share versus the previous value of N47.85 per share, and Afriland Properties Plc appreciated by 20 Kobo to N17.20 per unit from N17.00 per unit.
The volume of shares traded yesterday went up by 2,528.79 per cent to 5.7 million from the 216,546 units recorded in the preceding trading session, as the value of securities went up by 109.4 per cent to N655.6 million from N313.1 million worth, and the number of deals increased by 14.0 per cent to 65 deals from 57 deals.
When trading activities closed for the session, Aradel Holdings Plc was the most traded stock by value (year-to-date) with 6.3 million units worth N16.6 billion, CSCS Plc was in second place with 101.4 million units valued at N2.5 billion, and the third was Capital Hotels Plc with 228.6 million units sold for N1.1 billion.
Capital Hotels Plc closed the session as the most active stock by volume (year-to-date) with 228.6 million units valued at N1.1 billion, followed by Industrial and General Insurance (IGI) Plc with 218.8 million units sold for N46.1 million, and Mixta Real Estate Plc with 139.8 million units sold for N240.1 million.