Stock to Buy for Week 15, April 2024

The Nigerian equities market closed trading activities last week of on a negative note. The Market opened for four days trading as the Federal Government of Nigeria declared Friday March 29, 2024 and Monday April 1, 2024 as public holidays to commemorate this year Easter celebration.
The NGX All-Share Index and the Market Capitalization depreciated for the week by 1.08% and by 1.05% to close the week at 103,437.67 and N58.497 trillion respectively.
Thirty-one (31) equities appreciated in price during the week, forty-two (42) equities depreciated in price while eighty-one (81) equities remained unchanged lower than eighty-three (83) as recorded in the previous week. Meanwhile, a total turnover of 3.662 billion shares worth N57.578 billion in 40,546 deals was traded this week by investors on the floor of the exchange.

Top 5 Price Gainers

SecurityPrevious PriceClose PriceGains%Change
CUTIX2.603.190.5922.69
MORISON1.762.120.3620.45
MAYBAKER5.506.551.0519.09
CHAMS1.922.220.3015.63
ABBEYBDS2.422.770.3514.46

Top 5 Price Decliners

SecurityPrevious PriceClose PriceGains%Change
FBNH35.5530.50-5.05-14.21
STERLINGNG5.404.70-0.70-12.96
JBERGER66.0058.50-7.50-11.36
CWG7.506.75-0.75-10.00
CILEASING4.103.70-0.40-9.76

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