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

Proshare

  

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.

 

 

 

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