NASD Over-the-Counter ,OTC, Securities Exchange dropped 0.45% on Thursday, September 11, influenced by the decline in the share prices of Central Securities Clearing System ,CSCS, Plc and Geo-Fluids Plc.
CSCS Plc lost N1.70 during the session to close at N41.30 per unit compared with the previous day’s N43.00 per unit, and Geo-Fluids Plc shed 45 Kobo to settle at N4.05 per share versus N4.50 per share.
As a result, the market capitalisation dipped by N9.71 billion to close at N2.149 trillion, in contrast to the previous day’s N2.159 trillion, and the NASD Unlisted Security Index ,NSI, depreciated by 16.22 points to 3,592,32 points from 3,608.54 points.
The price of Industrial and General Insurance ,IGI, Plc went up by 5 Kobo during the session to 60 Kobo per unit compared with the preceding session’s 55 Kobo per unit.
The volume of securities recorded on Thursday went down by 26.9% to 131,917 units from the previous 54,522 units, the value of securities decreased by 43.7% to N3.1 million from N5.6 million, and the number of deals went down by 36.4% to 15 deals from 21 deals.
Okitipupa Plc ended the day as the most traded stock by value on a year-to-date basis with 158.7 million units valued at N5.9 billion, followed by Air Liquide Plc with 507.3 million units worth N4.2 billion, and FrieslandCampina Wamco Nigeria Plc with 44.7 million units transacted for N1.9 billion.
Also, IGI Plc was the most active stock by volume on a year-to-date basis with 1.2 billion units sold for N417.0 million, trailed by Impresit Bakolori Plc with 536.9 million units traded for N524.8 million, and Air Liquide Plc with 507.3 million units worth N4.2 billion.
