The penultimate trading session of the first week on the NASD Over-the-Counter (OTC) Securities Exchange finished flat on Friday, January 7, with stock prices on the platform remaining unchanged at the close of operations.
According to Business Post, the key performance indicators remained unchanged yesterday, with the market capitalisation maintaining at N631.72 billion and the NASD Unlisted Security Index (NSI) standing at 746.03 points.
Trading statistics revealed that the volume and value of securities transacted by investors during the trading session had declined throughout the deadlock.
According to data from the NASD OTC exchange, market participants traded 2,008 units of unlisted securities, down from 10,000 units the previous session, a loss of 79.9%.
Similarly, the value of shares traded by market participants plummeted by 87.4% to N51,704 from N410.250 the day before.
The total number of transactions handled at the bourse yesterday, however, remained static, since only two transactions were completed on Friday, the same as on Thursday.
The unlisted securities market had no price gainers or losers, as previously stated.
At the closing of trading, Central Securities Clearing Systems (CSCS) Plc was the most traded stock by volume on a year-to-date basis, with the sale of 40,700 units worth N775,800.00. So far, Friesland Campina WAMCO Nigeria Plc has traded 10,939 units worth N1.3 million, followed by Nipco Plc with 5,308 units worth N334,404.
On a year-to-date basis, Friesland Campina WAMCO Nigeria Plc was the most active stock by value, with a turnover of 10,939 units worth N1.3 million, followed by CSCS Plc with a sale of 40,700 units for N775,800, and Nipco Plc with a trade of 5,308 units worth N334,404.
