Nasdaq today received a helping of good news amid continuing criticism over the botched flotation of Facebook, as US snacks giant Kraft Foods revealed plans to switch its stock exchange listing to Nasdaq's global select market from the New York Stock Exchange later this month. Kraft, whose market value this afternoon stood at around $67.7bn, said the move will yield cost efficiencies and boost visibility for its brands, which include Cadbury, Oreo, Jacobs and Philadelphia.