research@cardinalstone.com The Payment Assurance Guarantee (PAG) is expected to further improve TRANSCORP’s liquidity in H2’18. The prospect of top line growth is strengthened by our anticipated growth in generation capacity to 589 MW in FY’18 (FY’17: 421 MW). Similarly, we expect higher patronage of TRANSCORP’s hotels in H2’18, stemming from pre-election activities during the period. […]
Brokers on the floor of Nigerian Stock Exchange in Lagos. Continued share price depreciation on the equity sector of the Nigerian Stock Exchange (NSE), yesterday pulled the market capitalisation further down by N110 billion. At the close of trading yesterday, All-Share Index (NSE-ASI) shed 303.16 absolute points, representing a decline of 0.81 per cent to […]
Nigeria Stock Exchange, Lagos Equity transactions on the equity sector of the Nigerian Stock Exchange (NSE) reopened upbeat yesterday, following price gains recorded by most Highly Capitalised (High Cap) stocks, as market capitalisation rose by N39billion. Specifically, at the close of transactions yesterday, the All Share Index (ASI) gained 108.52 absolute points, representing a growth […]
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