Stocks (Current Price vs Year Highs)

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.

Stock Price Comparison (148)

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

NSE Sectoral Analysis - June 18th (28)

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Tags: stocks