It’s the beginning of 2018 and we cannot start the year or talk about the Nigerian stock market without taking a look at the stocks that performed best in 2017
Best and Worst performing stocks in 2017 http://www.nigeriasaving.com/all-share-nigeria/
Dangote Sugar Refinery Plc outperformed the market, with a year-on-year return of 227.33%, to close at N20
Dangote Sugar Refinery Plc was followed by International Breweries Plc, which appreciated by 194.59 percent, Fidelity Bank Plc by 192.86%, Fidson Healthcare Plc by 189.06% and Dangote Flour Plc by 185.88% in 2017.
Morison Industries Plc was the worst performing stock in the year, with a year-on-year return of -67.88% year-on-year to close at a price of N0.53.
Morison Industries Plc. was followed by Forte Oil Plc with a return of -48.50%, University Press Plc -46.23 percent, MRS Oil Plc -36.49% and Mobil Oil Nigeria Plc -30.25%. More on: http://www.nigeriasaving.com/nigerian-stocks-hit-42-in-2017/
Submitted January 29, 2018 at 06:35AM by abuyassir http://ift.tt/2rOlRlg
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