Stock to Buy for Week 11, March 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 2.61% and 6.03% to close the week at 101,330.85 and N 57,293.46 trillion respectively.
Twenty-two (22) equities appreciated in price during the week, fifty-six (56) equities depreciated in price while seventy-six (76) equities remained unchanged higher than seventy-two (72) as recorded in the previous week. Meanwhile, a total turnover of 2.157 billion shares worth N108.824 billion in 51,556 deals was traded this week by investors on the floor of the exchange.

Top 5 Price Gainers

SecuritiesOpen (N)Closed (N)Gains(N)%Change
TRANSPOWER240.00351.30111.3046.38
JULI3.754.971.2232.53
INTENEGINS1.391.680.2920.86
TRANSCORP14.2817.002.7219.05
PZ33.7540.006.2518.52

Top 5 Price Decliners

SecuritiesOpen (N)Closed (N)Loss%Change
GUINNESS51.0042.05-8.95-17.55
ETI24.1020.00-4.10-17.01
NEM6.605.50-1.10-16.67
FTNCOCOA1.651.38-0.27-16.36
CHAMS2.382.00-0.38-15.97

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