NASD OTC Trade Closes 0.36% Greater as Buying and selling Quantity Surges

The NASD Over-the-Counter (OTC) Securities Trade closed the Friday session on March 17 within the optimistic territory as three shares pushed the market up by 0.36 per cent.

The three worth gainers had been led by Niger Delta Exploration and Manufacturing (NDEP) Plc, which added N15.00 to maneuver as much as N205.00 per unit from N190.00 per unit.

FrieslandCampina Wamco Nigeria Plc appreciated in the course of the buying and selling day by N1.11 to shut at N75.11 per share in contrast with the day before today’s worth of N74.00 per share, whereas Afriland Properties Plc went up by 2 Kobo to settle at N2.09 per unit versus Thursday’s worth of N2.07 per unit.

The trio pushed down the N4.00 misplaced by 11 Plc yesterday, because the inventory worth of the power agency ended at N150.00 per share, in distinction to the previous day’s N154.00 per share.

On the shut of enterprise, the market capitalisation of the NASD OTC alternate rose by N3.48 billion to shut the day at N961.12 billion in contrast with the previous day’s N957.64 billion.

In the identical vein, the NASD Unlisted Securities Index (NSI) appreciated by 2.65 factors to wrap the session at 731.44 factors in contrast with 728.79 factors of the earlier session.

Yesterday, there was a soar within the quantity of securities traded by 2,115.1 per cent to 739,755 items from 33,396 million items, the worth of transactions elevated by 15,683.7 per cent to N30.6 million from N193,846, and the variety of offers jumped by 150 per cent to 10 offers from the 4 offers carried out a day earlier.

Geo-Fluids Plc remained probably the most traded inventory by quantity (year-to-date) by buying and selling 425.2 million items valued at N448.5 million, UBN Property Plc was in second place for promoting 365.8 items value N309.5 million, and NRMC Plc was in third place for exchanging 25.0 million items valued at N137.5 million.

On a year-to-date foundation by worth, VFD Group Plc was on prime of the chart after buying and selling 7.3 million items value N1.7 billion, trailed by Geo-Fluids Plc with 425.2 million items value N448.5 million, and UBN Property Plc with 365.8 million items valued at N309.5 million.



Leave a Comment