Stock to Buy for Week 38, September 2023

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 1.11% to close the week at 67,395.74and N36,886.16 trillion respectively.

Thirty-two (32) equities appreciated in price during the week, fifty-three (53) equities depreciated in price while seventy (70) equities remained unchanged higher than sixty-eight 68) equities recorded in the previous week.

Top 5 Price Gainers

SecuritiesOpen (N)Closed (N)Gains (N)%Change
OANDO7.7011.003.3042.86
CHELLARAM2.903.850.9532.76
CWG5.787.501.7229.76
CORNERST1.241.400.1612.90
NNFM12.0513.501.4512.03

Top 5 Price Decliners

SecuritiesOpen (N)Closed (N)Loss%Change
ABCTRANS1.130.75-0.38-33.6
OMATEK0.580.40-0.18-31.0
ETRANZACT10.007.35-2.65-26.5
GUINEAINS0.360.29-0.07-19.4
TANTALIZER0.460.38-0.08-17.4

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