47 Financial Services Sector Stocks Are Penny Stocks in 2017

Wednesday, December 13, 2017 04:05PM/ Proshare Research 

Currently, there are 118 stocks that are classified as penny stocks as at 12^th December, 2017. Stocks trading below the share price of N5.00 are in this category of stocks.

Financial Services Sector boast of more penny stocks with 47 stocks, followed closely by Services and Healthcare sectors. Agriculture, Construction/Real Estate and Natural Resources Sectors all contributed three (3) Stocks each to the penny stocks basket.

MAYBAKER, FIDSON and FIDELITYBK  posting a positive YTD  in the market with +209%, +199% and +169% gains respectively while CILEASING and DIAMONDBNK follow closely to complete the top five list of penny stocks on the Exchange. 

On the other hand, MORISON, JAIZBANK and UPL both top the list of top five losers in the market with -68%, -52% and -41% losses respectively while SMURFIT and AGLEVENT follow closely in that order to complete the list. 

Out of the 118 stocks that made the list, thirty-three (33) currently records positive YTD returns while twenty-seven (27) records negative YTD returns as fifty-eight (58) are unchanged as at December 12^th, 2017.

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