Stock to Buy for Week 40, October 2023

The Nigerian equities market closed trading activities last week on a negative note. The NGX All-Share Index and the Market Capitalization depreciated for the week by 1.40% to close the week at 66,382.14 and N36.331 trillion respectively.

Twenty-six (26) equities appreciated in price during the week, forty-six (46) equities depreciated in price while eighty-three (83) equities remained unchanged higher than seventy 67) equities recorded in the previous week.

Top 5 Price Gainers

SecuritiesOpen (N)Closed (N)Gains(N)% Change
BETAGLAS46.760.914.230.41
RTBRISCOE0.380.490.1128.95
CHIPLC11.260.2626.00
CWG7.28.651.4520.14
IKEJAHOTEL2.753.250.518.18

Top 5 Price Decliners

SecuritiesOpen (N)Closed (N)Loss(N)% Change
OANDO10.77.85-2.85-26.64
FTNCOCOA1.911.51-0.4-20.94
JOHNHOLT1.811.48-0.33-18.23
BUACEMENT96.1585.5-10.65-11.08
CONOIL89.180.2-8.9-9.99

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