Unlisted Securities Market Closes Flat

The NASD Over-the-Counter Securities Exchange closed flat at 762.12 basis points as against a flat position recorded to close at 762.12 basis points.

However, the level of activity witnessed changes during the trading session as investors traded a total of 17,000 units of securities in contrast to the 21,900 units of securities transacted in the preceding session, indicating a drop of 22.4 per cent.

The total volume traded declined by -22.37% to close at 0.017m units valued at N2.05m and traded in 5 deals.

At the close of trading, NASD OTC market recorded zero (0) gainer(s) to zero (0) loser(s).

The value of shares exchanged by the market participants jumped by 171.4 per cent to 2.0 million compared to N753,550 recorded in the previous session.

The total number of deals closed downward as five transactions were executed, 37.5 per cent lower than the eight deals quoted in the preceding market day.

At the close of business, AG Mortgage Plc remained the most traded stock by volume on a year-to-date basis with a turnover of 2.3 billion units valued at N1.2 billion, Central Securities Clearing System (CSCS) Plc stood in second place with 686.6 million units worth N14.2 billion, while Food Concepts Plc was in third place with 147.8 million units valued at N128.4 million.

The most traded stock by value on a year-to-date basis was still CSCS Plc as it has sold 686.6 million units worth N14.2 billion, VFD Group Plc was in second place with 24.5 million units valued at N6.6 billion, while FrieslandCampina WAMCO Nigeria Plc was in third place with 14.1 million units worth N1.7 billion.