Market Review for the week ended October 18th 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 0.48% and 5.95% to close the week at 98,070.23 and N59.425 trillion respectively.
Thirty-three (33) equities appreciated in price during the week, forty-three (43) equities depreciated in price while seventy-six (76) equities remained unchanged higher to seventy (70) recorded in the previous week. Meanwhile, a total turnover of 1.44 billion shares worth N73.88 billion in 39,546 deals was traded this week by investors on the floor of the exchange.
Top 5 Price Gainers
Security | Previous Close | Close Price | Gain | % Chagen |
TRANSPOWER | 301.70 | 359.90 | 58.2 | 19.29 |
MECURE | 10.10 | 12.00 | 1.9 | 18.81 |
DANGSUGAR | 31.00 | 35.05 | 4.05 | 13.06 |
GOLDBREW | 3.40 | 3.74 | 0.34 | 10.00 |
OANDO | 70.00 | 77.00 | 7.00 | 10.00 |
Top 5 Price Losers
Security | Previous Close | Close Price | Loss | % Chagen |
REGALINS | 0.72 | 0.61 | -0.11 | -15.28 |
TRIPPLEG | 2.01 | 1.71 | -0.3 | -14.93 |
CAVERTON | 2.60 | 2.36 | -0.24 | -9.23 |
ABCTRANS | 1.32 | 1.2 | -0.12 | -9.09 |
VITAFOAM | 22 | 20 | -2 | -9.09 |
Check out previous Stock Recommendations