Stock to Buy for Week 3, January 2024

The Nigerian equities market closed trading activities last week of on a positive note. The NGX All-Share Index and the Market Capitalization appreciated for the week by 4.24% to close the week at 83,042 and N45.442 trillion respectively.
Seventy-five (75) equities appreciated in price during the week, twenty-three (23) equities depreciated in price while fifty-seven (57) equities remained unchanged higher than fifty (50) as recorded in the previous week. Meanwhile, a total turnover of 5.719 billion shares worth N88.828 billion in 80.064 deals was traded this week by investors on the floor of the Exchange.

Top 5 Price Gainers

SecuritiesOpen (N)Closed (N)Gains(N)%Change
CADBURY16.9024.057.1542.31
VERITASKAP0.380.530.1539.47
JBERGER42.5056.5014.0032.94
TIP1.401.840.4431.43
JAIZBANK2.303.020.7231.30

Top 5 Price Decliners

SecuritiesOpen (N)Closed (N)Loss%Change
DAARCOMM1.290.90-0.39-30.23
TOTAL385.00346.50-38.50-10.00
NEM6.355.75-0.60-9.45
CWG8.938.10-0.83-9.29
MAYBAKER5.955.49-0.46-7.73

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