Stock to Buy for Week 48, 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 0.17% to close the week at 71,230.48 and N39,172.52 trillion respectively.

Fifty-nine (59) equities appreciated in price during the week, twenty-one (21) equities depreciated in price while seventy-six (76) equities remained unchanged higher than seventy-two (72) equities recorded in the previous week. A total turnover of 2.42 billion shares worth N22.66 billion in 33,230 deals was traded this week by investors on the floor of the Exchange.

Top 5 Price Gainers

SecuritiesOpen (N)Closed (N)Gains(N)%Change
MECURE5.739.213.4860.73
MULTIVERSE3.635.812.1860.06
UNITYBNK1.171.840.6757.26
NSLTECH0.360.550.1952.78
DEAPCAP0.480.730.2552.08

Top 5 Price Decliners

SecuritiesOpen (N)Closed (N)Loss%Change
THOMASWY3.602.08-1.52-42.22
ELLAHLAKES3.783.40-0.38-10.05
STANBIC69.9565.00-4.95-7.08
ACADEMY1.801.70-0.10-5.56
INTBREW4.504.25-0.25-5.56

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