NASD OTC Exchange Records Outstanding Performance in Q3 2018

Proshare

Friday, October 05, 2018 / 06:47 PM / NASD Plc

 

NASD OTC’s Record Breaking Quarter – Q3, 2018
Amidst a flurry of political activities and the much discussed economic malaise within Nigeria, the NASD [OTC] Securities Exchange has experienced an outstanding Q3 performance in the year 2018 compared to previous years.

Total market capitalization and USI for the quarter ending 30 September, 2018 came to 480.88bn and 710.60 respectively. This significantly surpassed Q3 performances for 2017 and 2016 which recorded market capitalization of 406.075bn and 411.28bn respectively.

In the year 2018, Q3 also recorded a 9% increase from Q2’s performance (market capitalization 441.018bn & USI 651.69).

As the year 2018 winds down, there is a sense of hopeful expectation in anticipation of Q4’s performance. Regardless of approaching festivities, the economic and political climate, the NASD OTC could yet again pull off a remarkable performance in stark contrast to prevalent economic happenings and dour performances within other markets.

Trade Summary

 

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Market in Numbers (Year-to-Date)

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Macroeconomic Indicators 

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