Stock to Buy for Week 26, June 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 0.18% to close the week at 99,743.05 and N56.423 trillion respectively. The market opened for three (3) trading days this week as the Federal Government of Nigeria declared Monday and Tuesday, 17th and 18th June 2024 as public holiday to mark the Islamic Eid- Adah celebration.
Fifty-two (52) equities appreciated in price during the week, twenty-six (26) equities depreciated in price while seventy- six (76) equities lower than seventy-nine (79) recorded in the previous week. Meanwhile, a total turnover of 3.300 billion shares worth N53.156 billion in 27,536 deals was traded this week by investors on the floor of the exchange.

Top 5 Price Gainers

SecurityPrevious CloseOpen PriceGain% change
CHAMPION2.953.910.9632.54
VERITASKAP0.740.970.2331.08
CHAMS1.902.340.4423.16
THOMASWY1.742.100.3620.69
JOHNHOLT2.172.610.4420.28

Top 5 Price Decliners

SecurityPrevious CloseOpen PriceLoss% change
VFDGROUP202.9040.6-162.3-79.99
NEM9.557.9-1.65-17.28
REGALINS0.470.42-0.05-10.64
TRANSCOHOT99.9890-9.98-9.98
MULTIVERSE12.411.2-1.2-9.68

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