Stock to Buy for Week 5, 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 8.32% to close the week at 102,401.88 and N56.038 trillion respectively.
Thirty-five (35) equities appreciated in price during the week, fifty-five (55) equities depreciated in price while sixty-five (65) equities remained unchanged higher than fifty-eight (58) as recorded in the previous week. Meanwhile, a total turnover of 2.981 billion shares worth N57.873 billion in 67,909 deals was traded this week by investors on the floor of the Exchange.

Top 5 Price Gainers

SecuritiesOpen (N)Closed (N)Gains(N)%Change
TRIPPLEG2.142.830.6932.24
DANGCEM538.80694.10155.3028.82
SUNUASSUR1.802.250.4525.00
JAPAULGOLD2.503.080.5823.20
SEPLAT2541.003074.60533.6021.00

Top 5 Price Decliners

SecuritiesOpen (N)Closed (N)Loss%Change
VERITASKAP0.770.59-0.18-23.38
TIP2.942.30-0.64-21.77
CADBURY29.0022.95-6.05-20.86
DEAPCAP0.990.80-0.19-19.19
MCNICHOLS1.801.48-0.32-17.78

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