Business News

NASD Index Drops 0.16% Despite Gains by Newrest ASL, Aradel Holdings

NASD securities

By Adedapo Adesanya There was a 0.16 per cent loss at the NASD Over-the-Counter (OTC) Securities Exchange on Thursday, May 16 despite gains recorded by the duo of Newrest Asl Plc and Aradel Holdings Plc. Newrest ASL appreciated by N2.14 during the session to close at N23.57 per share compared with the preceding day’s N21.43 per share, and Aradel Holdings Plc improved by N16.09 to end at N3,176.04 per unit, in contrast to Wednesday’s closing price of N3,159.95 per unit. Despite not having a price decliner, the NASD Unlisted Security Index (NSI) recorded a slide of 1.94 points to end