Monday, February 26, 2018 /8:35 AM /
CSCS Plc. (SDCSCSPLC) shares are off to a blistering start in 2018, having risen by roughly 48% so far. The sharp YTD rise reflects investors’ strong earnings growth expectations to further improve the fundamentals of the Company. Consequently, total market capitalisation has grown from its year open of ₦53.7 billion to a close of ₦79 billion as at Friday, 23 February, 2018.
Earlier this year, CSCS Plc. unveiled its Three-year strategy plan (2018-2020). This new growth plan is predicated on five (5) key pillars which include: Focus on technology, customer centricity, process optimization, forging strategic alliances to expand the capital market ecosystem and revenue growth.
NASD continues to play its role in the growth of Nigerian enterprises by providing a transparent platform where investors can unlock hidden value in their investments.
The Week in Review: OTC Market Sustains Positive Momentum
The NASD OTC Market extends its week-on-week momentum, as the NASD USI advanced by 1.34%, closing at 664.76 points (as against 655.96 points last Friday). Consequently, total market capitalisation increased by 1.34% this week, closing higher at ₦449.86 billion compared to ₦443.90 billion last Friday.
NASD OTC Securities Exchange currently trades Equity and Bonds. Of the 36 securities admitted to trade on the OTC Market, Central Securities Clearing System PLC led the market by volume and value.
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