NASD Unlisted Securities Index Adds 0.67%

June 2, 2018
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.

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]

Leave a Reply

Previous Story

Chinese, Japanese Shares Fall as Hong Kong Market Gains 0.1%

Next Story

Shina Peller Eyes House of Reps Seat in 2019 Under APC

Latest from Economy

Don't Miss