Stock to Buy for Week 37, September 2023

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 0.91% to close the week at 68,143.34 and N37.295 trillion respectively.

Fifty-two (52) equities appreciated in price during the week, thirty-five (35) equities depreciated in price while sixty-eight (68) equities remained unchanged lower than seventy-two (72) equities recorded in the previous week.

Top 5 Price Gainers

SecuritiesOpen (N)Closed (N)Gains% Change
CWG4.015.781.7744.14
TANTALIZER0.330.460.1339.39
OANDO5.557.702.1538.74
BETAGLAS39.0051.8512.8532.95
OMATEK0.460.580.1226.09

Top 5 Price Decliners

SecuritiesOpen (N)Closed (N)Loss%Change
CHELLARAM3.572.90-0.67-18.77
CORNERST1.401.24-0.16-11.43
CHIPLC1.151.02-0.13-11.30
MORISON2.832.55-0.28-9.89
VITAFOAM24.8022.5-2.3-9.27

Check out previous Stock Recommendations

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