Stock to Buy for Week 43, October 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 0.42% to close the week at 66,915.41 and N36.764 trillion respectively.

Twenty-eight (28) equities appreciated in price during the week, forty-six (46) equities depreciated in price while eighty-three (83) equities remained unchanged lower than eighty-six (86) equities recorded in the previous week. A total turnover of 1.49 billion shares worth N24.28 billion in 29,298 deals was traded this week by investors on the floor of the Exchange.

Top 5 Price Gainers

SecuritiesOpen (N)Closed (N)Gains(N)%Change
THOMASWY2.803.630.8329.64
DAARCOMM0.210.230.029.52
JBERGER33.0036.003.009.09
UBA17.5519.001.458.26
LEARNAFRCA3.103.300.206.45

Top 5 Price Decliners

SecuritiesOpen (N)Closed (N)Loss%Change
SOVRENINS0.400.33-0.07-17.50
CADBURY15.0012.60-2.40-16.00
STANBIC80.0069.55-10.45-13.06
OKOMUOIL263.00236.80-26.20-9.96
NB42.0038.00-4.00-9.52

Check out previous Stock Recommendations

WhatsApp
Facebook
LinkedIn
X