STOCK TITAN

OTC Markets Group Announces Quarterly Index Performance and Rebalancing

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

OTC Markets Group announced the Q3 2024 performance and rebalancing of its OTCQX® and OTCQB® indexes. The OTCQX Composite Index rose 7.5%, with 32 new companies joining and 47 being removed. Notable performances include: OTCQX Billion+ Index up 7.7%, OTCQX Dividend Index up 7.6%, OTCQX Banks Index up 11.3%, OTCQX International Index up 7.5%, OTCQX Canada Index up 9.5%, OTCQX U.S. Index up 4.4%, OTCQX Cannabis Index up 0.8%, and OTCQB Venture Index up 4.0%. Several companies transitioned to major exchanges, including Talen Energy, FirstSun Capital, Collective Mining, and Grayscale Ethereum Trust.

OTC Markets Group ha annunciato le performance del terzo trimestre del 2024 e il ribilanciamento dei suoi indici OTCQX® e OTCQB®. L'Indice Composito OTCQX è aumentato del 7,5%, con 32 nuove aziende entrate e 47 rimosse. Le performance significative includono: Indice Billion+ OTCQX in crescita del 7,7%, Indice Dividendi OTCQX aumentato del 7,6%, Indice Banche OTCQX su del 11,3%, Indice Internazionale OTCQX in aumento del 7,5%, Indice Canada OTCQX cresciuto del 9,5%, Indice U.S. OTCQX in aumento del 4,4%, Indice Cannabis OTCQX su dello 0,8% e Indice Venture OTCQB in crescita del 4,0%. Diverse aziende sono passate a borse maggiori, tra cui Talen Energy, FirstSun Capital, Collective Mining e Grayscale Ethereum Trust.

OTC Markets Group anunció el desempeño del tercer trimestre de 2024 y el reequilibrio de sus índices OTCQX® y OTCQB®. El Índice Compuesto OTCQX subió un 7,5%, con 32 nuevas empresas que se unieron y 47 que fueron eliminadas. Las actuaciones notables incluyen: Índice Billion+ OTCQX que subió un 7,7%, Índice de Dividendos OTCQX que aumentó un 7,6%, Índice de Bancos OTCQX que subió un 11,3%, Índice Internacional OTCQX que creció un 7,5%, Índice de Canadá OTCQX que aumentó un 9,5%, Índice de EE.UU. OTCQX que subió un 4,4%, Índice de Cannabis OTCQX que subió un 0,8%, y Índice Venture OTCQB que aumentó un 4,0%. Varias empresas pasaron a bolsas importantes, incluyendo Talen Energy, FirstSun Capital, Collective Mining y Grayscale Ethereum Trust.

OTC 마켓 그룹은 2024년 3분기 실적 및 OTCQX® 및 OTCQB® 지수의 리밸런싱을 발표했습니다. OTCQX 종합지수는 7.5% 상승했으며, 32개의 새로운 기업이 합류하고 47개 기업이 제거되었습니다. 주목할 만한 실적은 다음과 같습니다: OTCQX 빌리언+ 지수 7.7% 증가, OTCQX 배당지수 7.6% 증가, OTCQX 은행지수 11.3% 상승, OTCQX 국제지수 7.5% 상승, OTCQX 캐나다 지수 9.5% 상승, OTCQX 미국 지수 4.4% 상승, OTCQX 대마 지수 0.8% 상승, 그리고 OTCQB 벤처 지수 4.0% 상승. 여러 기업이 주요 거래소로 이동했으며, Talen Energy, FirstSun Capital, Collective Mining 및 Grayscale Ethereum Trust가 포함됩니다.

OTC Markets Group a annoncé les performances du troisième trimestre 2024 et le rééquilibrage de ses indices OTCQX® et OTCQB®. L'Indice Composé OTCQX a augmenté de 7,5%, avec 32 nouvelles entreprises rejoignant et 47 étant éliminées. Les performances notables incluent : Indice Billion+ OTCQX en hausse de 7,7%, Indice de Dividendes OTCQX en hausse de 7,6%, Indice des Banques OTCQX en hausse de 11,3%, Indice International OTCQX en hausse de 7,5%, Indice Canada OTCQX en hausse de 9,5%, Indice U.S. OTCQX en hausse de 4,4%, Indice Cannabique OTCQX en hausse de 0,8%, et Indice Venture OTCQB en hausse de 4,0%. Plusieurs entreprises ont rejoint des bourses majeures, notamment Talen Energy, FirstSun Capital, Collective Mining et Grayscale Ethereum Trust.

Die OTC Markets Group gab die Leistung des dritten Quartals 2024 und das Rebalancing ihrer OTCQX® und OTCQB® Indizes bekannt. Der OTCQX Composite Index stieg um 7,5%, mit 32 neuen Unternehmen, die hinzukamen, und 47, die entfernt wurden. Bemerkenswerte Leistungen umfassen: OTCQX Billion+ Index, der um 7,7% zulegte, OTCQX Dividendenindex um 7,6% stieg, OTCQX Bankenindex um 11,3% anstieg, OTCQX International Index um 7,5% zulegte, OTCQX Kanada Index um 9,5% stieg, OTCQX US Index um 4,4% anstieg, OTCQX Cannabis Index um 0,8% zulegte und OTCQB Venture Index um 4,0% anstieg. Mehrere Unternehmen wechselten zu größeren Börsen, darunter Talen Energy, FirstSun Capital, Collective Mining und Grayscale Ethereum Trust.

Positive
  • OTCQX Composite Index increased 7.5% in Q3 2024
  • OTCQX Banks Index showed strong performance with 11.3% growth
  • OTCQX Canada Index demonstrated robust growth of 9.5%
  • OTCQX Billion+ Index grew by 7.7%
Negative
  • OTCQX Cannabis Index showed minimal growth of only 0.8%
  • Net loss of companies across indexes with more removals than additions
  • Multiple companies departed to major exchanges, reducing the market's premium listings

NEW YORK, Oct. 25, 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 third 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 7.5% in Q3 2024. 32 new companies joined the Index while 47 companies were removed. Talen Energy Corp (TLN) went to NASDAQ on 7/10/2024. FirstSun Capital Bancorp (FSUN) went to NASDAQ on 7/12/2024. Collective Mining Ltd (CNL) went to NYSE MKT on 7/22/2024. Grayscale Ethereum Trust (ETHE) went to NYSE ARCA on 7/23/2024.

The OTCQX Billion+ Index (.OTCQXBIL), which tracks the performance of $1 billion-plus market cap OTCQX companies was up 7.7% in Q3 2024. 2 new companies joined the Index and 3 companies were removed.

The OTCQX Dividend Index (.OTCQXDIV), which tracks dividend-paying U.S. and international OTCQX companies, was up 7.6% in Q3 2024. 15 new companies joined the Index, while 13 companies were removed.

The OTCQX Banks Index (.OTCQXBK), comprised of OTCQX community and regional banks, was up 11.3% in Q3 2024. 9 companies joined the Index while 15 companies were removed.

The OTCQX International Index (.OTCQXINT), a benchmark for international OTCQX companies, was up 7.5% in Q3 2024. 13 new companies joined the Index while 29 companies were removed.

The OTCQX Canada Index (.OTCQXCAN), which tracks Canadian OTCQX companies index was up 9.5% in Q3 2024. 6 new companies joined the Index while 18 companies were removed.

The OTCQX U.S. Index (.OTCQXUS), a benchmark for U.S. OTCQX companies, was up 4.4% in Q3 2024. 19 new companies joined the Index while 19 companies were removed.

The OTCQX Cannabis Index (.OTCQXMJ), a benchmark for cannabis companies, was up slightly 0.8% in Q3 2024. 1 new company joined the Index while 3 companies were removed.

The OTCQB Venture Index (.OTCQB), which tracks the overall OTCQB Venture Market, was up 4.0% in Q3 2024. 74 companies were added to the index while 107 companies were removed. RDE Inc (RSTN) went to NASDAQ on 8/7/2024.

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.

Subscribe to the OTC Markets RSS Feed

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


FAQ

What was the performance of OTCQX Composite Index (OTCM) in Q3 2024?

The OTCQX Composite Index increased by 7.5% during Q3 2024.

Which OTCQX index showed the highest growth in Q3 2024?

The OTCQX Banks Index showed the highest growth at 11.3% in Q3 2024.

How many companies were added to and removed from the OTCQX Composite Index in Q3 2024?

32 new companies were added to the OTCQX Composite Index while 47 companies were removed in Q3 2024.

What was the performance of the OTCQX Cannabis Index in Q3 2024?

The OTCQX Cannabis Index showed minimal growth of 0.8% in Q3 2024.

OTC MARKETS GROUP INC A

OTC:OTCM

OTCM Rankings

OTCM Latest News

OTCM Stock Data

634.62M
11.85M
9.21%
Financial Data & Stock Exchanges
Financial Services
Link
United States of America
New York