Stock to Buy for Week 23, June 2024

The Nigerian equities market closed trading activities last week on a positive note. The NGX All-Share Index and the Market Capitalization appreciated for the week by 1.73% to close the week at 99,300.56 and N56.172 trillion respectively.
Forty-five (45) equities appreciated in price during the week, twenty-five (25) equities depreciated in price while eighty-four (84) equities remained unchanged higher than seventy-six (76) recorded in the previous week. Meanwhile, a total turnover of 2.189 billion shares worth N31.303 billion in 39,362 deals was traded this week by investors on the floor of the exchange.

Top 5 Price Gainers

SecurityPrevious CloseClose PriceGains% change
FIDELITYBK8.310.21.922.89
DANGSUGAR3947820.51
NASCON3440.856.8520.15
FCMB6.881.217.65
UBA19.222.2315.63

Top 5 Price Decliners

SecurityPrevious CloseClose PriceLoss% change
CILEASING3.442.97-0.47-13.66
NPFMCRFBK1.801.6-0.2-11.11
FTNCOCOA1.201.1-0.1-8.33
LEARNAFRCA3.523.3-0.22-6.25
FIDSON15.7514.9-0.85-5.40

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