Stock to Buy for Week 12, 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 3.71% to close the week at 105,085.25 and N 59,416.33 trillion respectively.
Fifty-five (55) equities appreciated in price during the week, twenty-four (24) equities depreciated in price while seventy-five (75) equities remained unchanged lower than seventy-six (76) as recorded in the previous week. Meanwhile, a total turnover of 1.773 billion shares worth N52.867 billion in 44,713 deals was traded this week by investors on the floor of the exchange.

Top 5 Price Gainers

SecuritiesOpen (N)Closed (N)Gains(N)%Change
JBERGER55.6072.6017.0030.58
OMATEK0.650.800.1523.08
MTNN221.40267.8046.4020.96
NEM5.506.651.1520.91
GTCO41.1048.457.3517.88

Top 5 Price Decliners

SecuritiesOpen (N)Closed (N)Loss%Change
INTENEGINS1.681.22-0.46-27.38
SUNUASSUR1.571.27-0.30-19.11
LASACO2.342.00-0.34-14.53
CONHALLPLC1.531.33-0.20-13.07
SKYAVN25.5022.95-2.55-10.00

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