Stock to Buy for Week 27, July 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 0.32% to close the week at 100,057.79 and N56.601 trillion respectively.
Forty-eight (48) equities appreciated in price during the week, thirty-four (34) equities depreciated in price while seventy-two (72) equities lower than seventy-six (76) recorded in the previous week. Meanwhile, a total turnover of 2.651 billion shares worth N49.976 billion in 41,610 deals was traded this week by investors on the floor of the exchange.

Top 5 Price Gainers

SecurityPrevious CloseOpen PriceGain% change
CWG5.507.952.4544.55
FTNCOCOA1.341.640.322.39
UCAP21.7526.504.7521.84
JOHNHOLT2.613.140.5320.31
MBENEFIT0.560.670.1119.64

Top 5 Price Decliners

SecurityPrevious CloseOpen PriceLoss% change
JAIZBANK2.201.95-0.25-11.36
DAARCOMM0.570.51-0.06-10.53
CHAMPION3.913.5-0.41-10.49
UPL2.752.5-0.25-9.09
BETAGLAS5853-5-8.62

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