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NASD Maintains Upward Trajectory with 2.10% w-o-w Growth

By Dipo Olowookere

It was another positive trading week for the market dedicated for companies not trading their securities on the Nigerian Stock Exchange (NSE), NASD OTC Exchange.

During last trading week, the NASD Unlisted Securities Index (USI) sustained its upward trajectory with 2.10 percent gain.

According to data from the NASD website, in line with this steady growth, the USI increased from 698.16 to 712.84 points.

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Considering the remarkable steady growth experienced in 2018, the USI is most likely on track to surpass last year’s Q3 comparative growth.

Also, as at close of trade on September 21, 2018, market capitalisation was at N482.40 billion, about 20 percent higher than when market opened in January at N402.51 billion.

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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.

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