Stock to Buy for Week 31, July 2023

The Nigerian equities market closed trading activities last week on a positive note. The NGX All-Share Index and the Market Capitalization appreciated by 0.08% to close the week at 65,056.39 and N35.403 trillion respectively.

Thirty-nine (39) equities appreciated in price during the week, fifty-four (54) equities depreciated in price while sixty-two (62) equities remained unchanged, lower than sixty-four (64) equities recorded in the previous week.

Top 5 Price Gainers

CompanyOpen(N)Close(N)Gains(N)% Change
SKYWAY AVIATION HANDLING COMPANY PLC16.2023.307.1043.83
LASACO ASSURANCE PLC.1.602.030.4326.88
NASCON ALLIED INDUSTRIES PLC29.0036.007.0024.14
FTN COCOA PROCESSORS PLC2.002.470.4723.50
JAPAUL GOLD & VENTURES PLC0.841.020.1821.43

Top 5 Price Decliners

CompanyOpen(N)Close(N)Gains(N)% Change
CADBURY NIGERIA PLC.17.0012.45-4.55-26.76
JOHN HOLT PLC.2.862.20-0.66-23.08
MULTIVERSE MINING AND EXPLORATION PLC3.712.98-0.73-19.68
THOMAS WYATT NIG. PLC.1.571.30-0.27-17.20
NIGERIAN BREW. PLC.43.6536.50-7.15-16.38

Check out previous Stock Recommendations

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