By Dipo Olowookere
The trading platform for unlisted securities in Nigeria, NASD OTC Exchange, closed on a negative note yesterday.
The market recorded a loss of 0.64 percent, reversing the gain posted at the market during the Monday’s session.
Business Post reports that at the close of transactions, the Unlisted Securities Index (USI) lost 4.51 points to close at 698.99 points.
Also, the market capitalisation, which ended at N476.08 billion on Monday, decreased by N3.05 billion to settle at N473.03 billion.
It was also observed that during yesterday’s trading session, the volume of transactions decreased by 93.32 percent, while the value went down by 90.89 percent.
more recommended stories
Asian Stocks Slump as Markets Close for Public Holidays
By Investors Hub Asian stocks ended.
European Shares Fall on Cancellation of US-China Talks
By Investors Hub European stocks fell.
US Stock Markets Open Lower
By Investors Hub The major U.S..
Rivers Overtakes Lagos as Investment Destination
By Modupe Gbadeyanka Rivers State has.