Stock to Buy for Week 16, April 2024

The Nigerian equities market closed trading activities last week of on a negative note. The Market opened for two days trading as the Federal Government of Nigeria declared Tuesday, Wednesday and Thursday April 9, April 10 and April 11, 2024 as public holidays to commemorate this year Eid-Fitr celebration.
The NGX All-Share Index and the Market Capitalization depreciated for the week by 1.09% and by 1.08% to close the week at 102,314.56 and N57.864 trillion respectively.
Nineteen (19) equities appreciated in price during the week, forty (40) equities depreciated in price while ninety-five (95) equities remained unchanged higher than eighty-one (81) as recorded in the previous week. Meanwhile, a total turnover of 1.132 billion shares worth N28.650 billion in 21,921 deals was traded this week by investors on the floor of the exchange.

Top 5 Price Gainers

SecurityPrevious PriceClose PriceGains%Change
MORISON2.122.560.4420.75
OANDO11.3512.551.2010.57
TRANSCORP13.5514.951.4010.33
DEAPCAP0.620.680.069.68
OMATEK0.780.850.078.97

Top 5 Price Decliners

SecurityPrevious PriceClose PriceGains%Change
MORISON2.122.560.4420.75
OANDO11.3512.551.2010.57
TRANSCORP13.5514.951.4010.33
DEAPCAP0.620.680.069.68
OMATEK0.780.850.078.97

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