Eight Financial Services Stocks Dominate the List of 28 Stocks You Should Not Touch

Proshare

Tuesday, February 5, 2019 6:30AM /Proshare Research


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Out of the 169 listed companies on the Nigerian bourse, 28 quoted firms which represent about 17% of the stocks currently listed recorded no price movement as at December 31 2018 as against 37% of such stocks recorded in 2017.

Analysis revealed that out of the 28 stocks; stocks from the financial services sector dominated the list with eight (8) stocks, services follow closely with five (5) stocks, Healthcare and Industrial Goods have three (3) each while ICT, Construction/Real Estate and Consumer Goods have two (2) each.

Agriculture (1), Conglomerate (1) and Oil and Gas (1) also made the list to complete the pack.

Stocks You Should Not Touch

S/No

Symbol

Sector

29-Dec-17

31-Dec-18

%Chg

1

ELLAHLAKES

AGRICULTURE

4.26

4.26

0.00%

2

CHELLARAM

CONGLOMERATES

3.08

3.08

0.00%

3

ARBICO

CONSTRUCTION/REAL ESTATE

4.79

4.79

0.00%

4

ROADS

CONSTRUCTION/REAL ESTATE

6.60

6.60

0.00%

5

GOLDBREW

CONSUMER GOODS

0.89

0.89

0.00%

6

UNIONDICON

CONSUMER GOODS

13.45

13.45

0.00%

7

ASOSAVINGS

FINANCIAL SERVICES

0.50

0.50

0.00%

8

FORTISMFB

FINANCIAL SERVICES

2.58

2.58

0.00%

9

GNI

FINANCIAL SERVICES

0.50

0.50

0.00%

10

GOLDINSURE

FINANCIAL SERVICES

0.53

0.53

0.00%

11

NESF

FINANCIAL SERVICES

552.20

552.20

0.00%

12

PRESTIGE

FINANCIAL SERVICES

0.50

0.50

0.00%

13

RESORTSAL

FINANCIAL SERVICES

0.50

0.50

0.00%

14

UNHOMES

FINANCIAL SERVICES

3.02

3.02

0.00%

15

EKOCORP

HEALTHCARE

3.37

3.37

0.00%

16

EVANSMED

HEALTHCARE

0.50

0.50

0.00%

17

NIG-GERMAN

HEALTHCARE

3.62

3.62

0.00%

18

CWG

ICT

2.54

2.54

0.00%

19

OMATEK

ICT

0.50

0.50

0.00%

20

AUSTINLAZ

INDUSTRIAL GOODS

2.09

2.09

0.00%

21

NOTORE

INDUSTRIAL GOODS

62.50

62.50

0.00%

22

PAINTCOM

INDUSTRIAL GOODS

0.59

0.59

0.00%

23

ANINO

OIL AND GAS

0.25

0.25

0.00%

24

ACADEMY

SERVICES

0.50

0.50

0.00%

25

AFROMEDIA

SERVICES

0.50

0.50

0.00%

26

JULI

SERVICES

1.67

1.67

0.00%

27

STUDPRESS

SERVICES

1.99

1.99

0.00%

28

TOURIST

SERVICES

3.50

3.50

0.00%

Source: Proshare Research, NSE

 

Do feel free to share your opinions/observations and feedback with us vide content@proshareng.com and/or research@proshareng.com

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Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

 

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