Stock to Buy for Week 29, July 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 0.35% and 0.25% to close the week at 99,671.28 and N56.441 trillion respectively.
Thirty-four (34) equities appreciated in price during the week, thirty-eight (38) equities depreciated in price while eighty-two (82) remained unchanged, higher than seventy-two (72) recorded in the previous week. Meanwhile, a total turnover of 2.765 billion shares worth N85.230 billion in 40,796 deals were traded this week by investors on the floor of the exchange.

Top 5 Price Gainers

SecurityPrevious CloseOpen PriceGain% change
LIVESTOCK1.852.350.527.03
ABCTRANS0.640.770.1320.31
ETERNA15.2018.002.818.42
VITAFOAM18.0021.203.217.78
CAVERTON1.351.580.2317.04

Top 5 Price Decliners

SecurityPrevious CloseOpen PriceLoss% change
AFRIPRUD9.007.4-1.6-17.78
PZ22.0019.8-2.2-10.00
THOMASWY2.402.16-0.24-10.00
CWG7.656.9-0.75-9.80
TANTALIZER0.520.47-0.05-9.62

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