Stock to Buy for Week 35, August 2023

The Nigerian equities market closed trading activities last week on a positive note. The NGX All-Share Index and the Market Capitalization appreciated for the week by 1.29% to close the week at 65,558.91and N35.881 trillion respectively.

Thirty-two (32) equities appreciated in price during the week, forty-six (46) equities depreciated in price while seventy-seven (77) equities remained unchanged higher than seventy (70) equities recorded in the previous week.

Top 5 Price Gainers

SecurityOpen(N)Close(N)Gains(N)%change
ABCTRANS0.480.680.241.7
TRANSCORP4.165.81.6439.4
DANGSUGAR3547.512.535.7
THOMASWY1.291.70.4131.8
CWG3.851.231.6

Top 5 Price Decliners

SecurityOpen(N)Close(N)Gains(N)%change
TANTALIZER0.40.29-0.11-27.5
REDSTAREX3.52.89-0.61-17.4
DAARCOMM0.320.27-0.05-15.6
GUINEAINS0.290.25-0.04-13.8
JAIZBANK1.671.44-0.23-13.8

Check out previous Stock Recommendations

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