Mixta Real Estate Sinks NASD Exchange by 0.22%

In the same vein, the loss suffered by Mixta sank the NASD Unlisted Security Index (NSI) by 1.65 points to 744.48 points from the previous day’s 746.13 points.

Africa Housing News reports that the share price of the real estate investment company depreciated by 19 kobo or 10.8 per cent yesterday to close at N1.76 per unit as against N1.95 per unit it ended on Monday.

The loss weakened the effect of the 9 kobo or 9.1 per cent growth posted by UBN Property Plc during the session. The share price of UBN Property finished at 99 kobo as against 90 kobo it closed a day earlier.

During the trading session, there was a decrease in the volume of securities traded by investors by 39.3 per cent as only 200,000 units exchanged hands compared to the previous trading day’s 329,500 units.

In the same vein, the value of the trades went down by 89.8 per cent as stocks worth N275,000 exchanged hands in contrast to Monday’s N2.7 million, while the number of deals went down by 33.3 per cent as only two deals were carried out as against the three deals executed the preceding day.

Like the previous sessions, Food Concepts Plc was the most active stock by volume (year-to-date) as it has traded 11.4 billion units of its shares for N14.4 billion, trailed by Lighthouse Financial Services Plc with 1.1 billion units traded for N546.2 million, and Geo Fluids Plc with 1.0 billion units traded for N700.1 million.

In terms of value, Food Concepts Plc also topped the log with a turnover of 11.4 billion units valued at N14.4 billion, trailed by Nigerian Exchange (NGX) Group Plc with the sale of 456.5 million units of its securities worth N9.2 billion, and VFD Group Plc with the sale of 10.4 million units worth N3.5 billion.