NASD Index Gains 2.35 Points to Close 0.38% Higher

By Dipo Olowookere

The Unlisted Securities Index (USI) of the National Association of Securities Dealers (NASD) Plc closed on a positive note this week.

The index, which finish last Friday at 630.17 points, appreciated by 2.35 points this Friday to settle at 632.52 points.

This represented an increase by 0.37 percent this week.

Also, the NASD market capitalization increased 0.38 percent this week, closing higher at N428.05 billion against N426.45 billion previously.

NASD OTC Securities Exchange currently trades Equity and Bonds and of the 35 securities admitted to trade on the OTC Market, Central Securities Clearing System (CSCS) Plc led the market by volume and value.

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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]