NASD Market Closes Positive by 3.4%

By Modupe Gbadeyanka

Transactions on the trading floor of the National Association of Securities Dealers (NASD) OTC Securities Exchange Plc closed positive on Friday.

The alternative trading platform finished market activities on Friday, February 2, 2018 higher compared to last Friday.

Specifically, the Market Capitalization increased 3.4 percent this week, closing higher at N426.5 billion against N412.4 billion previously.

In addition, the NASD USI also increased by 3.4 percent this week, closing at 630.17 points, as against 609.44 points last Friday.

The 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 Plc led the market by volume and value.

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Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.