NASD Market Records 2.31% Growth on Monday

August 14, 2018
NASD Market Records 2.31% Growth on Monday

By Dipo Olowookere

Transactions at the NASD OTC Market ended on a positive note unlike the trading platform for the listed companies.

Business Post reports that at the close of business yesterday, the unlisted securities market recorded a growth of 2.31 percent.

This was buoyed mainly by buying interests in Ensure Insurance Plc and Central Securities Clearing System (CSCS) Plc by investors.

While the Unlisted Securities Index (USI) grew by 2.31 percent to finish at 703.50 points, the market capitalisation also increased by 2.31 percent to settle at N476.08 billion.

Above is a snapshot of the market summary.

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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