Proshare prepared a table comparing the stock prices of the companies on the Nigerian Stock Exchange as of June 18th to their year high.
It seems almost all the companies have seen a drop from their year highs to their current prices.
About 30% of the companies have lost at least a third of their values. The biggest culprits are Nigerian Wire Industries (83%), Big Treat (73%), Baico Insurance (73%), Costain (71%), Linkage Assurance (56%), and Nigerian Flour Mills (54%).
This is evidence of huge opportunities for investors who are willing to ride out the current bump ‘cos in the long run, these companies will appreciate in price.

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Here is the analysis of the performance of each of the sectors.

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