Stock to Buy for Week 17, April 2024

The Nigerian equities market closed trading activities last week of on a negative note. The NGX All-Share Index and the Market Capitalization depreciated for the week by 2.71% to close the week at 99,539.75 and N56.296 trillion respectively.
Thirteen (13) equities appreciated in price during the week, sixty-two (62) equities depreciated in price while seventy-nine (79) equities remained unchanged lower than ninety-five (95) as recorded in the previous week. Meanwhile, a total turnover of 1.597 billion shares worth N32.313 billion in 44,915 deals was traded this week by investors on the floor of the exchange.

Top 5 Price Gainers

SecurityPrevious PriceClose PriceGains%Change
MORISON2.563.721.1645.31
GUINNESS50.0055.005.0010.00
ACADEMY1.741.910.179.77
PRESTIGE0.560.610.058.93
THOMASWY1.972.140.178.63

Top 5 Price Decliners

SecurityPrevious PriceClose PriceGains%Change
GTCO41.4033.50-7.90-19.08
UNITYBNK2.001.62-0.38-19.00
LIVESTOCK1.791.45-0.34-18.99
JAPAULGOLD2.051.67-0.38-18.54
CHAMS2.041.70-0.34-16.67

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