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OTC Markets Announces Q2 2019 Index Performance and Rebalancing

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Last week, OTC Markets Group announced the second quarter 2019 performance and quarterly rebalancing of the OTCQX and OTCQB indexes, including the OTCQB Venture Market.

Index perfomrance was mixed in the second quarter. The OTCQB Venture Index (.OTCQB), which tracks the overall OTCQB Venture Market, was down 10.9% in the second quarter while the OTCQX U.S. Index, a benchmark for U.S. OTCQX companies, was up 19.1%. The new OTCQX Cannabis Index (.OTCQXMJ), a benchmark for cannabis companies, was down 26.0% in the second quarter.

112 companies were added to the OTCQB Venture Index and 118 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 Indexes performance and rebalances:

The OTCQX Composite Index (.OTCQX), a benchmark for the overall OTCQX Best Market, was up 3.5% in the second quarter. Fifty new companies were added to the index and thirty-nine were removed from the index.

The OTCQX Billion+ Index (.OTCQXBIL), which tracks the performance of $1 billion-plus market cap OTCQX companies, was up 3.8% for the quarter. Four new companies were added to the index and Four companies were removed.

The OTCQX Dividend Index (.OTCQXDIV), which tracks dividend-paying U.S. and international OTCQX companies, was up 3.7% in the quarter. Thirteen new companies were added to the index and 20 companies were removed.

The OTCQX Banks Index (.OTCQXBK), comprised of OTCQX community and regional banks, increased 0.6% in the second quarter. Fourteen companies were added to the index in the quarter and 17 companies were removed.

The OTCQX International Index (.OTCQXINT), a benchmark for international OTCQX companies, was up 3.4% for the quarter. Twenty-six companies were added to the index and 18 companies were removed.

The OTCQX Canada Index (.OTCQXCAN), which tracks Canadian OTCQX companies, was down 4.1% in the second quarter. Twenty-one companies were added to the index and 15 companies were removed.

OTCQX U.S. Index (.OTCQXUS), a benchmark for U.S. OTCQX companies, was up 19.1% in the second quarter. Twenty-one companies were added to the index and 22 companies were removed.

OTCQX Cannabis Index (.OTCQXMJ), a benchmark for cannabis companies, was down 26.0% in the second quarter. Six new companies joined the index and five companies were removed.

The OTCQB Venture Index (.OTCQB), which tracks the overall OTCQB Venture Market, was down 10.9% in the second quarter. One hundred twelve companies were added to the index and one hundred eighteen companies were removed.

 

Learn more HERE.


 

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