OTC Markets Group Announces Quarterly Index Performance and Rebalancing

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OTC Markets Group Announces Quarterly Index Performance and Rebalancing

Last Friday, OTC Markets Group announced their third quarter 2017 performance and quarterly rebalancing of the OTCQX and OTCQB indexes, including the OTCQX Canada Index and the OTCQX Dividend Index.

 

The OTCQX Composite Index (.OTCQX), a benchmark for the overall OTCQX Best Market, was up 5.8% in the first quarter. Thirty-four companies were added to the index and 32 companies were removed from the index.

The OTCQX Billion+ Index (.OTCQXBIL), which tracks the performance of $1 billion-plus market cap OTCQX companies, was up 5.7% for the quarter. Five companies were added to the index and 6 companies were removed.

The OTCQX Dividend Index (.OTCQXDIV), which tracks dividend-paying U.S. and international OTCQX companies, rose 5.3% in the quarter. Nine companies were added to the index and 8 companies were removed.

The OTCQX Banks Index (.OTCQXBK), comprised of OTCQX community and regional banks, increased 4.9% in the quarter. Nine companies were added to the index in the quarter and 5 companies were removed.

The OTCQX International Index (.OTCQXINT), a benchmark for international OTCQX companies, was up 5.7% for the quarter. Nineteen companies were added to the index and 18 companies were removed.

The OTCQX Canada Index (.OTCQXCAN), which tracks Canadian OTCQX companies, rose 18.0% in the third quarter. Seventeen companies were added to the index and 10 companies were removed.

The OTCQX U.S. Index (.OTCQXUS), a benchmark for U.S. OTCQX companies, was up 10.3% in the third quarter. Fifteen companies were added to the index and 14 companies were removed.

The OTCQB Venture Index (.OTCQB), which tracks the overall OTCQB Venture Market, was up 3.5% in the third quarter. One hundred four companies were added to the index and 103 companies were removed.

The OTCM QX ADR 30 Index (.OTCQX30), powered by BNY Mellon DR IndicesSM and comprised of the 30 largest, most actively-traded OTCQX American Depositary Receipts, was up 5.4% in the third quarter. Three companies were added to the index and 3 companies were removed.

The OTCM ADR Index (.OTCDR), powered by BNY Mellon DR Indices and comprised of ADRs traded on the OTCQX, OTCQB and Pink® markets, rose 5.5% in the quarter. Eight companies were added to the index and 14 companies were removed.

 

For a list of all index additions and deletions, visit
http://www.otcmarkets.com/content/doc/Quarterly_Index_Constituent_Changes.pdf

All indexes are market capitalization-weighted and adjusted on a quarterly basis for additions and share changes over 5% during the months of March, June, September and December. In the case of ADRs, the DR ratio is considered. Dividends are re-invested as of the close of business the day before the ex-dividend date.

The OTCQX Composite Index, OTCQX Billion+ Index, OTCQX Dividend Index, OTCQX International Index, OTCQX U.S. Index, OTCQX Banks Index and OTCQB Venture Index have minimum liquidity screens to ensure tradability.

 

Learn more HERE.

 


 

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