NASD Closes Trade 0.26% Lower

January 13, 2018
NASD OTC market

By Dipo Olowookere

Trading on the floor of the National Association of Securities Dealers (NASD) platform closed lower this week.

It was gathered that the NASD closed its trading day on Friday 12, January, 2018 lower compared to last Friday.

Specifically, the market capitalisation shed 0.26 percent this week, closing lower at N405.62 billion against N406.71 billion previously.

In addition, the NASD USI also decreased by 0.26 percent this week, closing at 599.38 points, as against 600.99 points last Friday.

NASD OTC Securities Exchange currently trades equity and bonds.

Out of the 35 securities admitted to trade on the OTC Market, Friesland Campina Wamco Nigeria Plc both led the market by volume and value.

Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

Mr Olowookere can be reached via [email protected]

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