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Nasdaq Share Volume Breaks Two Billion Mark - Composite Index Also Posts A Record High

Date 18/02/2000

The Nasdaq Stock Market® announced yesterday that its daily trading volume surpassed the two2 billion mark for the first time ever, with preliminary figures showing more than 2.0075 billion shares changing hands. Daily volume so far this year has averaged 1.679 billion shares. The Nasdaq Composite® Index also closed at a record high. Preliminary data indicates the Composite gained 121.2722 points to close at 4548.9287. It was the Composite's sixth largest one-day point increase ever. Nasdaq® officials attribute this milestone to its Mmarket Mmakers and other market participants, as well as the tremendous companies that list on Tthe Nasdaq Stock Market. The Nasdaq Stock Market lists nearly 5,000 companies, has a larger dollar volume, and trades more shares per day than any other U.S. market. Nasdaq is a subsidiary of the National Association of Securities Dealers, Inc. (NASD®), the largest securities-industry, self-regulatory organization in the United States. For more information about Nasdaq, visit the Nasdaq Web site at www.nasdaq.com or the Nasdaq NewsroomSM at www.nasdaqnews.com.