NASD OTC Records 2.38% Decline on Profit-Taking Spree

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange was down by 2.38 per cent on Tuesday, June 25 as investors continued to take profit from the market. The NASD Unlisted Security Index (NSI) fell by 37.43 points to wrap the session at 1,537.55 points compared with the 1,572.98 points recorded in the previous session. At the same time, the market capitalisation dropped N51.29 billion to settle at N2.106 trillion, in contrast to Monday’s closing value of N2.158 trillion. During the trading day, the bourse witnessed three price losers and two price gainers, according to data obtained by Business Post. First