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By Adedapo Adesanya
FrieslandCampina Wamco Nigeria Plc was as soon as once more the set off that dragged the NASD Over-the-Counter (OTC) Securities Alternate to the bears’ territory on Friday by 0.94 per cent, extending the keep of the bourse within the zone for an additional buying and selling session.
The inventory worth of the corporate went down by N5.19 through the buying and selling session to settle at N70.81 per unit versus the earlier buying and selling day’s worth of N76.00 per unit.
Consequently, the market capitalisation of the NASD trade closed decrease by N10.13 billion to settle at N1.064 trillion, in distinction to Thursday’s worth of N1.074 trillion, because the NASD Unlisted Securities Index (NSI) depreciated by 7.32 factors to shut at 769.33 factors in contrast with the previous day’s 776.65 factors.
On the shut of the ultimate buying and selling session of the week, traders traded a complete of 101,382 items of securities, in distinction to the 479,393 items of securities transacted within the previous session, indicating a stoop of 78.9 per cent.
Additionally, the worth of shares exchanged by the market individuals went southwards by 77.1 per cent to N8.0 million from N35.1 million, as the whole variety of offers fell by 46.7 per cent to eight offers from the 15 offers quoted within the previous market day.
Yesterday, the unlisted securities market didn’t document a worth gainer.
Central Securities Clearing System (CSCS) Plc remained probably the most traded inventory by quantity on a year-to-date foundation with 1.1 billion items valued at N21.2 billion, Geo-Fluids has traded 625.8 items price N1.1 billion to stay within the second place, and Industrial and Normal Insurance coverage (IGI) Plc remained in third place with 608.3 million items valued at N48.1 million.
Additionally, CSCS Plc closed the session as probably the most traded inventory by worth (year-to-date) with 1.1 billion items price N21.2 billion, VFD Group remained in second for promoting 18.9 million items valued at N4.2 billion, and Geo-Fluids Plc was in third place with 625.8 million items valued at N1.1 billion.
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