Stock to Buy for Week 50, December 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 0.17% to close the week at 71,541.74 and N39,148.84 trillion respectively.

Forty-nine (49) equities appreciated in price during the week, thirty-three (33) equities depreciated in price while seventy-three (73) equities remained unchanged as recorded in the previous week. A total turnover of 2.42 billion shares worth N45.06 billion in 34,704 deals was traded this week by investors on the floor of the Exchange.

Top 5 Price Gainers

SecuritiesOpen (N)Closed (N)Gains(N)%Change
MULTIVERSE5.989.393.4157.02
THOMASWY2.503.320.8232.80
INFINITY1.341.770.4332.09
ETI17.1020.753.6521.35
NSLTECH0.640.750.1117.19

Top 5 Price Decliners

SecuritiesOpen (N)Closed (N)Loss%Change
CONHALLPLC1.261.10-0.16-12.70
OANDO11.8010.35-1.45-12.29
ABBEYBDS1.721.54-0.18-10.47
MRS109.9599.00-10.95-9.96
TANTALIZER0.520.47-0.05-9.62

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