Stock to Buy for Week 13, March 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 0.42% to close the week at 104,647.37 and N59.169 trillion respectively.
Fifty (50) equities appreciated in price during the week, thirty-two (32) equities depreciated in price while seventy-two (72) equities remained unchanged lower than seventy-five (75) as recorded in the previous week. Meanwhile, a total turnover of 1.735 billion shares worth N48.75 billion in 45,237 deals was traded this week by investors on the floor of the exchange.

Top 5 Price Gainers

SecurityClose PriceClose PriceGains%Change
JULI5.387.862.4846.10
NEM6.659.653.0045.11
INTENEGINS1.221.500.2822.95
JAIZBANK2.012.420.4120.40
THOMASWY1.822.180.3619.78

Top 5 Price Decliners

SecurityClose PriceClose PriceGains%Change
JBERGER72.6060.15-12.45-17.15
DAARCOMM0.780.67-0.11-14.10
UPDCREIT5.504.80-0.70-12.73
DEAPCAP0.720.63-0.09-12.50
MTNN267.80235.00-32.80-12.25

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