Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

Best Performer: Transcorp Hotels Plc Gains 1048% in 12-Month Hospitality industry giant, Transcorp Hotels Plc, has dropped a step away from listed companies with more than N1 trillion in market valuation amidst negative investors’ sentiment on the local exchange. Still, the company ranks highest in capital appreciation over the last 12 months. In the last seven trading sessions, Transcorp Hotels PLC lost about 7% of its highest market price in 52 weeks: the price had fallen from N101.9 to N94.79 on Friday as investors sold down their interest.   Ranked as the best performing stocks on the local bourse, market price…

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