Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

NASD Securities Exchange Struggles to Upturn Downturn The NASD Securities Exchange has continued to struggle to upturn its week-on-week downturn that has reduced the over-the-counter (OTC) market valuation below N940 billion. Due to the weak buying interest in the OTC market, year to date return has turned negative amidst a similar price depreciation in the Nigerian Exchange market. Data from the OTC exchange showed that the NASD OTC Securities Exchange Index return decreased by 0.45% to close the week at 711.61 points against 714.80 reported in the previous week. At the close of the trading session, the NASD investors lose…

Read More