Sat. Nov 23rd, 2024
NASD OTC market

By Dipo Olowookere

Transactions on the trading floor of the NASD OTC Market ended positive this week as the major metrics pointed north at the close of business on Friday.

Specifically, the NASD unlisted securities index (USI), increased by 0.67 percent, closing at 668.83 points against 664.38 points last Friday.

Also, the total market capitalization gained 0.67 percent this week, closing higher at N452.62 billion compared to N449.61 billion last Friday.

The upward trend occurred as the management of NASD on Friday, June 1, 2018, kicked off its Trade Alert Notification Service, which notifies all investors on the OTC Market with daily transaction summary on their registered brokerage accounts.

By 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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