NASD USI Grows 0.15% as CSCS Tops Gainers Chart

NASD OTC market

By Dipo Olowookere

It was another positive week for the National Association of Securities Dealers (NASD) OTC Market as the platform finished in the green territory.

At the close of business on Thursday, the last trading day of the week and month, the NASD USI gained 0.15 percent.

Business Post reports that the index closed yesterday at 663.82 points against 662.80 points last Friday.

Also, total market capitalisation gained 0.15 percent this week, closing higher at N449.2 billion compared to N448.5 billion last Friday.

A look at the price movement chart showed that Central Securities Clearing System (CSCS) Plc topped the gainers’ table after closing at N10 versus N9.51k in the last session.

On the flip side, Niger Delta Exploration & Production Plc emerged the heaviest loser, declining to N145 from N145.11k.

Cordros Capital Limited was the most active stock at the market this week, trading 1.1 million shares, while Anchoria Investment & Securities Limited followed after trading 0.898 million units.

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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