Stocks Trading at YTD High and Low Prices, Forte Oil leads the way



Sunday July 07, 2013 / TheAnalyst

The quarterly review of stocks trading at their YTD high and low prices has been concluded for Q2’13 and it offers an interesting perspective on movements and direction of value on the bourse as shown in the table below.



Our March 2013 report revealed that there were twelve (12) stocks trading at their high with DNMEYER and OANDO taking the lead, just as with MORISON and MULTITREX led the list of another twelve (12)  stocks trading at their low; eighty-six (86) remaining socks closed static.

Based on latest quoted companies’ market prices, five (5) stocks attained 2013 highs on the Nigerian bourse as at July 5, 2013.

Forte Oil leads the 2013 YTD high class with +139.33% gain; closely followed by CHAMPION and NNFM with +70.36% and+44.18% respectively.


Find below the list of twenty-four (24) stocks currently trading at their 2013 YTD low with MULTITREX, VONO and MORISON returning -47.37%, -40.63% and -39.09% YTD losses respectively.


Seventy Five (75) other stocks remained static as they have not recorded any gains/loss till date. This figure represents a slight drop in the number of static stocks recorded in our previous reports which stood at eighty six (86) then.

Forty-Five (45) out of the 75 stocks, representing about 60.00% of the total number of stocks involved are currently trading at their nominal prices.




Related News
H1 2013 Equity Performance Review – So Far, So Good
EVANSMED, Livestock, Forte Oil, McNichols and CAP top Q2'13 Gainers
NSE Sectoral Indices @Q2 ‘13 Review: NSE-IND tops with 44.64% gains
Corporate Actions Released YTD H1 2013
5. Forecasts, Dividends, Listings & De-Listings in H1 2013
6. Liquid Stocks & Abnormal Volumes in Q2 ’13 Traded Volumes Review
7.Time to pay attention to the NSE Gold ETF’s 24% loss, Bearish Trend Continues
8. Global Stock Markets Q2 ’13 Review: Nigeria leads African Markets in Q2 ‘13


Disclaimer/Advice to Readers:
While the website is checked for accuracy, we are not liable for any incorrect information included. The details of this publication should not be construed as an investment advice by the author/analyst or the publishers/Proshare. Proshare Limited, its employees and analysts accept no liability for any loss arising from the use of this information. All opinions on this page/site constitute the author’s best estimate judgement as of this date and are subject to change without notice. Investors should see the content of this page as one of the factors to consider in making their investment decision. We recommend that you make enquiries based on your own circumstances and, if necessary, take professional advice before entering into transactions. This information is published with the consent of the author(s) for circulation in/to our online investment community in accordance with the terms of usage. Further enquiries should be directed to the author whose e-mail is


Related News