FrieslandCampina Wamco Nigeria Plc has caused the NASD Over-the-Counter Securities Exchange to settle 0.44 percent lower on Thursday, offsetting the effect of the session’s lone price gainer.
According to Business Post, Afriland Properties Plc rose by 9 Kobo yesterday to close at N3.25 per share, up from the company’s closing price on Wednesday of N3.16 per share.
However, it was unable to make up for FrieslandCampina’s N2.50 loss throughout the session, with the stock closing at N76.00 per unit as opposed to N78.50 per unit the day before.
Due to the NASD Unlisted Securities Index declining by 3.44 points to settle at 776.65 points from 780.09 points, the market capitalization of the NASD Exchange decreased by N4.76 billion to N1.074 trillion, down from N1.079 trillion in the midweek session.
In contrast to the 32,722 units of securities moved in the session before, investors traded a total of 479,393 units of securities at the close of trading, a jump of 1,365.1%.
Additionally, the value of shares traded by market participants increased from N2.3 million in the previous session to N35.1 million, a 1,405.6% increase.
The overall number of transactions increased as 15 transactions were completed, which is 7.1% more than the 14 transactions carried out on the preceding market day.
With the sale of 1.1 billion units valued at N21.2 billion, Central Securities Clearing System Plc has maintained its position as the most actively traded stock by volume.
Geo-Fluids is in second place with the sale of 625.9 units worth N1.1 billion, and Industrial and General Insurance Plc is in third place with the sale of 608.3 million units valued at N48.1 million.
With a turnover of 1.1 billion units worth N21.2 billion, CSCS Plc also kept its position as the most traded stock by value for the entire year. VFD Group came in second with 18.9 million units worth N4.2 billion, and Geo-Fluids Plc came in third with 625.9 million units worth N1.1 billion.
