By Adedapo Adesanya
There was a 0.41 per cent loss at the NASD Over-the-Counter (OTC) Securities Exchange on Thursday, August 8 amid slight selling pressure.
This brought down the market capitalisation by N8.16 billion to N2.002 trillion from the N2.010 trillion quoted at the previous session, and the NASD Unlisted Security Index (NSI) recorded a slide of 5.95 points to end the day at 1,461.35 points as against 1,467.30 points it recorded at the previous session.
During the session, Central Securities Clearing System (CSCS) Plc lost N1.56 to end at N18.10 per share compared to the previous session’s N19.66 per share, and Aradel Holdings Plc declined by N1.65 to finish at N4,607.45 per unit compared to the N4,609.10 per unit it traded a day earlier.
The volume of securities traded at the bourse yesterday increased broadly by 1,700 per cent to 3.3 million units from the 181,012 units recorded on Wednesday.
Equally, the value of stocks traded by investors at the session rose by 66.9 per cent to N802.5 million from the N480.8 million recorded at the midweek session.
These trades were carried out in 48 deals, in contrast to the 33 deals executed in the preceding trading day, representing a 45.5 per cent increase.
When the market closed for the session, Aradel Holdings Plc remained the most traded stock by value on a year-to-date basis with the sale of 9.0 million units for N28.8 billion. The second spot was taken by Afriland Properties Plc with a turnover of 230.5 million units valued at N4.1 billion, and the third position was occupied by CSCS Plc with a turnover of 105.4 million units worth N2.5 billion.
Also, Capital Hotels Plc retained its spot as the most active stock by volume on a year-to-date basis with 259.6 million valued at N1.3 billion, followed by Afriland Properties Plc with 230.5 million units sold for N4.1 billion, and Industrial and General Insurance (IGI) Plc with 218.8 million units worth N46.1 million.