Stock to Buy for Week 46, November 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 0.94% and 0.95% to close the week at 70,854.18 and N38,925.06 trillion respectively.

Thirty-eight (38) equities appreciated in price during the week, forty-three (43) equities depreciated in price while seventy-five (75) equities remained unchanged higher than sixty-four (64) equities recorded in the previous week. A total turnover of 2.52 billion shares worth N45.29 billion in 32,815 deals was traded this week by investors on the floor of the Exchange.

Top 5 Price Gainers

SecuritiesOpen (N)Closed (N)Gains(N)%Change
JAPAULGOLD1.271.980.7155.91
RTBRISCOE0.430.600.1739.53
MECURE2.963.920.9632.43
GLAXOSMITH12.4016.053.6529.44
PZ20.0023.003.0015.00

Top 5 Price Decliners

SecuritiesOpen (N)Closed (N)Loss%Change
CAVERTON1.541.33-0.21-13.64
TIP1.141.02-0.12-10.53
NNFM20.0018.00-2.00-10.00
MULTIVERSE3.202.90-0.30-9.38
CADBURY15.7514.40-1.35-8.57

Check out previous Stock Recommendations

WhatsApp
Facebook
LinkedIn
X