Stock to Buy for Week 47, 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 0.37% to close the week at 71,112.99 and N39,107.92 trillion respectively.

Fifty-four (54) equities appreciated in price during the week, thirty (30) equities depreciated in price while seventy-two (72) equities remained unchanged lower than seventy-five (75) equities recorded in the previous week. A total turnover of 2.02 billion shares worth N27.69 billion in 32,763 deals was traded this week by investors on the floor of the Exchange.

Top 5 Price Gainers

SecuritiesOpen (N)Closed (N)Gains(N)%Change
DEAPCAP0.310.480.1754.84
CILEASING3.334.981.6549.55
MECURE3.925.731.8146.17
OMATEK0.640.870.2335.94
NNFM18.0023.905.9032.78

Top 5 Price Decliners

SecuritiesOpen (N)Closed (N)Loss%Change
JAPAULGOLD1.981.70-0.28-14.14
BETAGLAS59.9554.00-5.95-9.92
TIP1.020.92-0.10-9.80
REDSTAREX3.283.00-0.28-8.54
MBENEFIT0.520.48-0.04-7.69

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