Stock to Buy for Week 28, July 2024

The Nigerian equities market closed trading activities last week on a negative note. The NGX All-Share Index and the Market Capitalization appreciated for the week by 0.04% to close the week at 100,022.03 and N56.580 trillion respectively.

Thirty-seven (37) equities appreciated in price during the week, forty-five (45) equities depreciated in price while seventy-two (72) same as recorded in the previous week remained unchanged. Meanwhile, a total turnover of 2.259 billion shares worth N31.166 billion in 42,851 deals were traded this week by investors on the floor of the exchange.

Top 5 Price Gainers

SecurityPrevious CloseOpen PriceGain% change
VERITASKAP0.921.150.2325.00
CONOIL105.00126.5021.520.48
JAIZBANK1.952.330.3819.49
WAPIC0.670.790.1217.91
AIICO0.971.100.1313.40

Top 5 Price Decliners

SecurityPrevious CloseOpen PriceLoss% change
UPDCREIT5.454.5-0.95-17.43
IKEJAHOTEL7.906.95-0.95-12.03
LASACO2.552.3-0.25-9.80
JBERGER9888.6-9.4-9.59
MBENEFIT0.670.61-0.06-8.96

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