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Nasdaq Breaks Single-Day Share Volume Record - Composite Index Also Climbs To A Record High

Date 29/02/2000

The Nasdaq Stock Market® announced today that it experienced its heaviest trading session ever, with preliminary figures showing more than 2.078 billion shares changed hands. All of Nasdaq's top ten share volume days have occurred this year with year-to-date daily share volume averaging 1.724 billion shares. The Nasdaq Composite® Index also closed at a record high for the twelfth time this year. Preliminary data indicates the Composite gained 118.84 points to close at a record 4696.69 points. The point gain was the eighth greatest point gain ever. 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.