The NASD Over-the-Counter (OTC) Securities Exchange returned to the negative territory with a 0.73 per cent decline on Wednesday, July 1, after recording no price gainer or loser.
During the trading day, the market capitalisation shed N18.74 billion to close at N2.561 trillion compared with the previous day’s N2.580 trillion, and the NASD Security Index (NSI) dropped 31.21 points to 4,268.20 points from 4,299.41 points.
The volume of securities traded at the midweek session fell by 72.9 per cent to 229,238 units from the previous 846,063 units, and the number of deals decreased by 28 per cent to 18 deals from Tuesday’s 25 deals, while the value of stocks transacted increased by 34.9 per cent to N21.5 million from N15.9 million.
At the close of trades, Great Nigeria Insurance (GNI) Plc remained the most traded stock by value on a year-to-date basis, with 3.4 billion units traded for N8.4 billion, trailed by Infrastructure Credit Guarantee (Infracredit) Plc with 2.3 billion units valued at N6.5 billion, and Central Securities Clearing System (CSCS) Plc with 68.9 million units exchanged for N4.8 billion.
GNI Plc also ended the session as the most traded stock by volume on a year-to-date basis, with 3.4 billion units worth N8.4 billion, followed by Infracredit Plc with 2.3 billion units transacted for N6.5 billion, and Resourcery Plc with 1.1 billion units sold for N415.7 million.
