Stock to Buy for Week 22, 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 0.52% to close the week at 97,612.51 and N55.218 trillion respectively.

Twenty-four (24) equities appreciated in price during the week, fifty-three (53) equities depreciated in price while seventy-seven (77) equities remained unchanged higher than seventy-six (76) recorded in the previous week. Meanwhile, a total turnover of 1.985 billion shares worth N40.715 billion in 38,487 deals was traded this week by investors on the floor of the exchange.

Top 5 Price Gainers

SecurityPrevious CloseClose PriceGains% change
BERGER12.3514.92.5520.65
REGALINS0.310.370.0619.35
CUTIX3.043.350.3110.20
MCNICHOLS1.001.100.1010.00
NESTLE820900809.76

Top 5 Price Decliners

SecurityPrevious CloseClose PriceLoss% change
DEAPCAP0.530.4-0.13-24.53
FTNCOCOA1.441.20-0.24-16.67
TRANSCORP11.9510.5-1.45-12.13
UBA21.8519.2-2.65-12.13
UPDC1.41.24-0.16-11.43

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