Nigeria: PCMN, Paints Firm, Is Best Stock With 275 Percent Growth

7 January 2013

Paints and Coatings Manufacturers (PCMN) Plc emerged the best-performing equity on the Nigerian Stock Exchange (NSE) in 2012, leading with a 275 per cent capital gain.

PCMN is listed in the industrial goods sector and manufactures paints used in several sectors of the economy. THISDAY's independent assessment of the top 10 best stocks showed that PCMN's stock rose from N0.52 to close at N1.96 in 2012.

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