By Adedapo Adesanya
Newrest Airline Services and Logistics (ASL) Plc lifted the NASD Over-the-Counter (OTC) Securities Exchange by 0.16 per cent on Friday, November 8.
The value of the stock of the logistics service company went up by N2.62 yesterday to settle at N28.53 per unit compared with the preceding day’s N25.93 per unit.
As a result, the market capitalisation of the trading platform grew by N1.63 billion to N2.987 trillion from N2.982 trillion and the NASD Unlisted Security Index (NSI) added 4.65 points to wrap the session at 2,987.52 points compared with 2,160.43 points recorded in the previous session.
Business Post reports that during the trading day, Acorn Petroleum Plc shrank by 1 Kobo to N1.97 per share from the N1.98 per share it ended a day earlier.
On the activity chart, the volume of securities traded during the last trading day of the week increased by 827.8 per cent to 474,385 units from the 51,130 units bought and sold in the preceding session.
However, the value of shares traded yesterday depreciated by 15.3 per cent to N1.6 million from the N1.9 million recorded in the previous trading session.
Similarly, the number of deals carried out on Friday went up by 366.9 per cent to 14 deals from the seven deals executed in the preceding trading day.
When trading activities ended for the session, Geo-Fluids Plc remained the most active stock by volume on a year-to-date basis with a turnover of 1.6 billion units worth N3.9 billion, Okitipupa Plc came next with 752.2 million units valued at N7.8 billion, and Afriland Properties Plc occupied the third spot with 296.7 million units sold for N5.3 million.
In the same vein, Aradel Holdings Plc remained the most active stock by value on a year-to-date basis with the sale of 108.7 million units worth N89.2 billion, Okitipupa Plc retained the second position with 752.2 million units valued at N7.8 billion, and Afriland Properties Plc was in third with 296.7 million units sold for N5.3 billion.