According to the NSE Forty nine (49) equities appreciated in prices during the week higher than forty three (43) equities of the preceding week. Twenty four (24) equities depreciated in prices lower than thirty two (32) equities of the preceding week, while one hundred and twenty four (124) equities remained unchanged higher than one hundred and nineteen (119) equities of the preceding week. See below;
Is there any stock up here you will like to own? We own shares in ABC which currently is one of our most under-performing stocks.
Jos International Breweries continues its decline, loosing another 13.7% on the bounce. It has now dropped over 50% in value from its high of N9. Courteville Business Solutions another stock in our portfolio seem to be an investor delight. It has declined to 61kobo from its high of 75kobo just under two weeks ago. This indicates massive profit taking.