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OTC Markets Group Announces Quarterly Index Performance and Rebalancing

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OTC Markets Group Inc. (OTCQX: OTCM) has announced the Q2 2024 performance and rebalancing of its OTCQX and OTCQB indexes. The OTCQX Composite Index rose 1%, while the OTCQX Billion+ Index increased 1.1%. The OTCQX Dividend Index gained 0.9%, but the OTCQX Banks Index fell 0.7%. The OTCQX International Index declined 1%, and the OTCQX Canada Index dropped 0.4%. The OTCQX U.S. Index decreased 3.1%, while the OTCQX Cannabis Index saw a significant 23.4% decline. The OTCQB Venture Index fell 6.1%.

Several companies moved to major exchanges, including Solarbank Corp (SUUN) to NASDAQ and Hafnia (HAFN) to NYSE. Index rebalancing occurred with additions and removals across all indexes. The indexes are market capitalization-weighted and adjusted quarterly, with real-time pricing available on OTC Markets Group's website and major financial data platforms.

OTC Markets Group Inc. (OTCQX: OTCM) ha annunciato le performance del Q2 2024 e il ribilanciamento dei suoi indici OTCQX e OTCQB. L'OTCQX Composite Index è aumentato dell'1%, mentre l'OTCQX Billion+ Index è cresciuto dell'1,1%. L'OTCQX Dividend Index ha guadagnato lo 0,9%, ma l'OTCQX Banks Index è sceso dello 0,7%. L'OTCQX International Index è diminuito dell'1%, e l'OTCQX Canada Index è calato dello 0,4%. L'OTCQX U.S. Index ha registrato un calo del 3,1%, mentre l'OTCQX Cannabis Index ha subito un significativo ribasso del 23,4%. L'OTCQB Venture Index è sceso del 6,1%.

Numerose aziende sono passate a borse maggiori, tra cui Solarbank Corp (SUUN) al NASDAQ e Hafnia (HAFN) alla NYSE. Il ribilanciamento degli indici è avvenuto con aggiunte e rimozioni in tutti gli indici. Gli indici sono ponderati per capitalizzazione di mercato e aggiornati trimestralmente, con prezzi in tempo reale disponibili sul sito di OTC Markets Group e sulle principali piattaforme di dati finanziari.

OTC Markets Group Inc. (OTCQX: OTCM) ha anunciado el rendimiento del Q2 2024 y el reequilibrio de sus índices OTCQX y OTCQB. El OTCQX Composite Index aumentó un 1%, mientras que el OTCQX Billion+ Index creció un 1,1%. El OTCQX Dividend Index ganó un 0,9%, pero el OTCQX Banks Index cayó un 0,7%. El OTCQX International Index disminuyó un 1%, y el OTCQX Canada Index bajó un 0,4%. El OTCQX U.S. Index disminuyó un 3,1%, mientras que el OTCQX Cannabis Index sufrió una significativa caída del 23,4%. El OTCQB Venture Index cayó un 6,1%.

Varias empresas se trasladaron a bolsas más grandes, incluyendo a Solarbank Corp (SUUN) a NASDAQ y Hafnia (HAFN) a NYSE. Se realizó el reequilibrio de índices con adiciones y eliminaciones en todos los índices. Los índices están ponderados por capitalización de mercado y se ajustan trimestralmente, con precios en tiempo real disponibles en el sitio web de OTC Markets Group y en las principales plataformas de datos financieros.

OTC 마켓 그룹 Inc. (OTCQX: OTCM)는 2024년 2분기 성과 및 OTCQX 및 OTCQB 지수의 재조정을 발표했습니다. OTCQX 복합 지수는 1% 상승했으며, OTCQX Billion+ 지수는 1.1% 증가했습니다. OTCQX 배당 지수는 0.9% 상승했지만, OTCQX 은행 지수는 0.7% 하락했습니다. OTCQX 국제 지수는 1% 감소했으며, OTCQX 캐나다 지수는 0.4% 떨어졌습니다. OTCQX 미국 지수는 3.1% 감소했고, OTCQX 대마초 지수는 23.4%라는 큰 하락폭을 보였습니다. OTCQB 벤처 지수는 6.1% 하락했습니다.

여러 회사가 주요 거래소로 이전했으며, Solarbank Corp (SUUN)은 NASDAQ으로, Hafnia (HAFN)는 NYSE로 이전했습니다. 모든 지수에서 추가 및 제거가 이루어지면서 지수 재조정이 발생했습니다. 지수는 시가 총액 가중치로 조정되며 분기별로 갱신되며, OTC 마켓 그룹 웹사이트와 주요 금융 데이터 플랫폼에서 실시간 가격을 확인할 수 있습니다.

OTC Markets Group Inc. (OTCQX: OTCM) a annoncé les performances du deuxième trimestre 2024 ainsi que le rééquilibrage de ses indices OTCQX et OTCQB. L'indice composite OTCQX a augmenté de 1 %, tandis que l'indice OTCQX Billion+ a crû de 1,1 %. L'indice de dividendes OTCQX a gagné 0,9 %, mais l'indice OTCQX Banks a chuté de 0,7 %. L'indice international OTCQX a diminué de 1 %, et l'indice OTCQX Canada a baissé de 0,4 %. L'indice OTCQX U.S. a diminué de 3,1 %, tandis que l'indice OTCQX Cannabis a subi une baisse significative de 23,4 %. L'indice OTCQB Venture a chuté de 6,1 %.

Plusieurs entreprises ont été transférées vers des bourses majeures, notamment Solarbank Corp (SUUN) vers NASDAQ et Hafnia (HAFN) vers NYSE. Le rééquilibrage des indices a eu lieu avec des ajouts et des suppressions dans tous les indices. Les indices sont pondérés par la capitalisation boursière et ajustés trimestriellement, avec des prix en temps réel disponibles sur le site d'OTC Markets Group et sur les principales plateformes de données financières.

Die OTC Markets Group Inc. (OTCQX: OTCM) hat die Ergebnisse des Q2 2024 sowie die Neugewichtung ihrer OTCQX und OTCQB Indizes bekannt gegeben. Der OTCQX Composite Index stieg um 1 %, während der OTCQX Billion+ Index um 1,1 % zunahm. Der OTCQX Dividend Index gewann 0,9 %, während der OTCQX Banks Index um 0,7 % fiel. Der OTCQX International Index sank um 1 %, und der OTCQX Canada Index fiel um 0,4 %. Der OTCQX U.S. Index verringerte sich um 3,1 %, während der OTCQX Cannabis Index einen signifikanten Rückgang von 23,4 % verzeichnete. Der OTCQB Venture Index fiel um 6,1 %.

Mehrere Unternehmen wechselten zu größeren Börsen, darunter Solarbank Corp (SUUN) zu NASDAQ und Hafnia (HAFN) zu NYSE. Der Index wurde mit Ergänzungen und Änderungen bei allen Indizes neu gewichtet. Die Indizes sind nach Marktkapitalisierung gewichtet und werden vierteljährlich angepasst, mit Echtzeitpreisen, die auf der Website von OTC Markets Group und auf großen Finanzdatenplattformen verfügbar sind.

Positive
  • OTCQX Composite Index up 1% in Q2 2024
  • OTCQX Billion+ Index up 1.1% in Q2 2024
  • OTCQX Dividend Index up 0.9% in Q2 2024
  • Several companies upgraded to major exchanges (NASDAQ, NYSE)
Negative
  • OTCQX Banks Index down 0.7% in Q2 2024
  • OTCQX International Index down 1.0% in Q2 2024
  • OTCQX U.S. Index down 3.1% in Q2 2024
  • OTCQX Cannabis Index down 23.4% in Q2 2024
  • OTCQB Venture Index down 6.1% in Q2 2024

NEW YORK, July 29, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated financial markets for 12,000 U.S. and global securities, today announced the second quarter 2024 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 1% in Q2 2024. 34 new companies joined the Index while 39 companies were removed. Solarbank Corp (SUUN) went to NASDAQ on 4/8/2024 and Hafnia Ltd (HAFN) went to NYSE on 4/9/2024.

The OTCQX Billion+ Index (.OTCQXBIL), which tracks the performance of $1 billion-plus market cap OTCQX companies was up 1.1% in Q2 2024. 4 new companies joined the Index and 2 companies were removed.

The OTCQX Dividend Index (.OTCQXDIV), which tracks dividend-paying U.S. and international OTCQX companies, was up 0.9% in Q2 2024. 10 new companies joined the Index, while 12 companies were removed.

The OTCQX Banks Index (.OTCQXBK), comprised of OTCQX community and regional banks, was down 0.7% in Q2 2024. 8 companies joined the Index while 6 companies were removed.

The OTCQX International Index (.OTCQXINT), a benchmark for international OTCQX companies, was down 1.0% in Q2 2024. 17 new companies joined the Index while 25 companies were removed.

The OTCQX Canada Index (.OTCQXCAN), which tracks Canadian OTCQX companies index was down slightly 0.4% in Q2 2024. 10 new companies joined the Index while 22 companies were removed.

The OTCQX U.S. Index (.OTCQXUS), a benchmark for U.S. OTCQX companies, was down 3.1% in Q2 2024. 17 new companies joined the Index while 13 companies were removed.

The OTCQX Cannabis Index (.OTCQXMJ), a benchmark for cannabis companies, was down 23.4% in Q2 2024. 1 new companies joined the Index while 3 companies were removed.

The OTCQB Venture Index (.OTCQB), which tracks the overall OTCQB Venture Market, was down 6.1% in Q2 2024. 103 companies were added to the index while 115 companies were removed. Skye Bioscience Inc. (SKYE) went to NASDAQ on 4/11/2024. Solaris Resources Inc.(SLSR) went to NYSE MKT on 4/19/2024. Sow Good Inc. went to NASDAQ on 5/2/2024. SmartKem, Inc. (SMTK) went to NASDAQ on 5/31/2024. 6 securities went from OTCQB to OTCQX in Q2 and are now included in at least one of the OTCQX Indices.

For a list of all index additions and deletions, visit
https://www.otcmarkets.com/files/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, OTCQX Cannabis Index, and OTCQB Venture Index have minimum liquidity screens to ensure tradability.

All index data is priced in real-time and is available on the OTC Markets Group website, www.otcmarkets.com, and via major financial data distributors and websites, including Bloomberg, Reuters and FT.com.

Past performance does not guarantee future results. Investors cannot invest directly in any of these indexes.

OTC Markets Group Inc. provides no advice, recommendation or endorsement with respect to any company or securities. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com


FAQ

How did the OTCQX Composite Index perform in Q2 2024?

The OTCQX Composite Index (OTCM) was up 1% in Q2 2024.

What was the performance of the OTCQX Cannabis Index in Q2 2024?

The OTCQX Cannabis Index was down 23.4% in Q2 2024.

How many companies were added to the OTCQB Venture Index in Q2 2024?

103 companies were added to the OTCQB Venture Index in Q2 2024.

Which OTC Markets Group indexes track international companies?

The OTCQX International Index and OTCQX Canada Index track international companies.

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