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Business News

Value of Unlisted Securities Market Rises to N1.6trn

Unlisted Securities Market

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed on Wednesday, May 8 with a 3.5 per cent appreciation as the market capitalisation added N54.01 billion to wrap the session at N1.602 trillion compared with the preceding session’s N1.548 trillion. Also, the NASD Unlisted Security Index (NSI) increased by 39.07 points to wrap the session at 1,169.74 points compared with 1,130.67 points recorded in the previous day. The positive outcome was influenced by the gains posted by three equities led by Aradel Holdings Plc, which rose by N242.00 to settle at N2,662.00 per unit compared with the preceding day’s

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