Stock to Buy for Week 51, 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 1.18% to close the week at 72,389.23 and N39,612.60 trillion respectively.

Fifty-three (53) equities appreciated in price during the week, thirty-two (32) equities depreciated in price while seventy (70) equities remained unchanged lower than seventy-three (73) as recorded in the previous week. A total turnover of 1.882 billion shares worth N31.630 billion in 33,020 deals was traded this week by investors on the floor of the Exchange.

Top 5 Price Gainers

SecuritiesOpen (N)Closed (N)Gains(N)%Change
INFINITY1.772.821.0559.32
SCOA1.351.740.3928.89
DAARCOMM0.360.460.1027.78
JOHNHOLT1.852.230.3820.54
DEAPCAP0.610.700.0914.75

Top 5 Price Decliners

SecuritiesOpen (N)Closed (N)Loss%Change
NSLTECH0.750.63-0.12-16.00
ETERNA13.1011.55-1.55-11.83
THOMASWY3.322.95-0.37-11.14
JULI0.720.65-0.07-9.72
NEM5.905.35-0.55-9.32

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