OTC Markets Announces Q2 2018 Index Performance and Rebalancing
OTC Markets Announces Q2 2018 Index Performance and Rebalancing
This week, OTC Markets Group announced the second quarter 2018 performance and quarterly rebalancing of the OTCQX® and OTCQB® indexes, including the OTCQX Canada Index and the OTCQX Dividend Index.
The OTC’s US Inexes were relatively stable in the second quarter. The OTCQX U.S. Index (.OTCQXUS) was up 1.1% and the OTCQB Venture Index (.OTCQB) was down 1% in the first quarter.
Sixteen companies were added to the OTCQX U.S. Iindex and 22 companies were removed. Ninety-five companies were added to the OTCQB Venture Index and 143 companies were removed.
For a list of all index additions and deletions, visit: https://www.otcmarkets.com/files/Quarterly_Index_Constituent_Changes.pdf
Other OTC Idexes performance and rebalances:
The OTCQX Composite Index (.OTCQX), a benchmark for the overall OTCQX Best Market, was down 3.2% in the second quarter.
The OTCQX Billion+ Index (.OTCQXBIL), which tracks the performance of $1 billion-plus market cap OTCQX companies, was down 3.2% for the quarter.
The OTCQX Dividend Index (.OTCQXDIV), which tracks dividend-paying U.S. and international OTCQX companies, fell 3.3% in the quarter.
The OTCQX Banks Index (.OTCQXBK), comprised of OTCQX community and regional banks, increased 4.4% in the quarter.
The OTCQX International Index (.OTCQXINT), a benchmark for international OTCQX companies, was down 3.3% for the quarter.
The OTCQX Canada Index (.OTCQXCAN), which tracks Canadian OTCQX companies, was down 0.5% in the second quarter.
The OTCQX U.S. Index (.OTCQXUS), a benchmark for U.S. OTCQX companies, was up 1.1% in the second quarter.
The OTCQB Venture Index (.OTCQB), which tracks the overall OTCQB Venture Market, was down 1.0% in the second quarter.
Learn more HERE.