On Wednesday, September 28, the NASD over-the-counter (OTC) Securities Exchange recorded no gain or loss as weak investor appetite weighed on the market.
During the session, the bourse’s market capitalisation remained unchanged at 963.94 billion, with the NASD Unlisted Securities Index (NSI) remaining unchanged at 732.25 points.
According to midweek market data, investors exchanged 4,361 units of securities, a decrease of 97.7 percent from the previous day’s 189,296 units.
The value of securities traded was N763,435.00, a decrease of 87.7 percent from the previous day’s N6.2 million, as the number of transactions fell by 77.78 percent to four from the previous day’s 18 transactions.
At the close of transactions, AG Mortgage Bank Plc was the most traded stock by volume on a year-to-date basis, selling 2.3 billion units worth N1.2 billion. Central Securities Clearing System (CSCS) Plc was second, selling 687.6 million units worth N14.3 billion, and Mixta Real Estate Plc was third, selling 178.1 million units worth N313.4 million.
CSCS Plc also retained its position as the most active stock by value on a year-to-date basis, with a turnover of 687.6 million units valued at N14.3 billion, VFD Group Plc was second with 27.7 million units valued at N7.4 billion, and FrieslandCampina WAMCO Nigeria Plc was third with 14.3 million units valued at N1.7 billion.
