Stock to Buy for Week 21, May 2024

The Nigerian equities market closed trading activities last week on a negative note. The NGX All-Share Index and the Market Capitalization depreciated for the week by 0.11% and 0.10% to close the week at 98,125.73 and N55.508 trillion respectively.
Twenty-eight (28) equities appreciated in price during the week, fifty-one (51) equities depreciated in price while seventy-six (76) equities remained unchanged lower than seventy-seven(77) recorded in the previous week. Meanwhile, a total turnover of 1.652 billion shares worth N42.677 billion in 38,121 deals was traded this week by investors on the floor of the exchange.

Top 5 Price Gainers

SecurityPrevious CloseClose PriceGains% change
INTENEGINS1.481.650.1711.49
MCNICHOLS0.9110.099.89
CUSTODIAN9.310.20.99.68
JBERGER72.479.36.99.53
AIRTELAFRI197321501778.97

Top 5 Price Decliners

SecurityPrevious CloseClose PriceLoss% change
PZ27.7521.6-6.15-22.16
NEM10.358.45-1.9-18.36
ETERNA13.6511.15-2.5-18.32
TIP2.31.95-0.35-15.22
OMATEK0.740.63-0.11-14.86

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