July has now ended and it’s time to take stock of the best stocks (pun intended) this year. Each of the stocks has returned over 40% this year and way above the Nigerian All Share Index that has returned just over 2%. As expected Forte Oil tops this list with over 123% gain year to date. Custodian and Allied Insurance is next with 90% Whilst Tranex, Seven Up and Ashaka Cement makes up the balance.
The last time we had this Table up, IHS was in that list having returned 40%. It has since been displaced by Ashaka Cement.
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