The NASD Over-the-Counter (OTC) Securities Exchange closed 0.05 percent lower on Friday, October 28, with the price of Central Securities Clearing System (CSCS) Plc falling by 10 Kobo to close at N13.90 per unit, down from N14.00 per unit the previous session.
The NASD securities exchange’s market capitalisation fell by N500 million to close at N950.66 billion, down from N951.16 billion the day before, with the NASD Unlisted Securities Index (NSI) falling by 0.38 points to finish at 722.16 points, down from 722.54 points the day before.
Yesterday’s market saw a decrease in the volume, value, and number of securities traded by investors during the trading session.
According to NASD OTC exchange data, the volume of unlisted securities traded by market participants stood at 9,856 units, a decrease of 94.9 percent from the previous session’s volume of 196,500 units.
Similarly, the value of shares traded by investors fell by 97.7% to N317,428 from N13.7 million the previous session.
The total number of transactions executed at the bourse yesterday showed that investors participated in four transactions, which is 33.3% fewer than the six transactions recorded the day before.
At the end of the day, AG Mortgage Bank Plc remained the most traded stock by volume on a year-to-date basis, with the sale of 2.3 billion units worth N1.2 billion. CSCS Plc was second, selling 687.8 million units worth N14.3 billion, and Mixta Real Estate Plc was third, with the sale of 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 687.8 million units valued at N14.3 billion, VFD Group Plc was second with 29.1 million units valued at N7.7 billion, and FrieslandCampina WAMCO Nigeria Plc was third with 15.0 million units valued at N1.8 billion.
