Stock to Buy for Week 49, December 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 0.27% to close the week at 71,419.87 and N39,082.15 trillion respectively.

Thirty-three (33) equities appreciated in price during the week, forty-nine (49) equities depreciated in price while seventy-three (73) equities remained unchanged lower than seventy-six (76) equities recorded in the previous week. A total turnover of 2.54 billion shares worth N38.64 billion in 36,138 deals was traded this week by investors on the floor of the Exchange.

Top 5 Price Gainers

SecuritiesOpen (N)Closed (N)Gains(N)%Change
MECURE9.2112.993.7841.04
NNFM28.8536.007.1524.78
THOMASWY2.082.500.4220.19
NSLTECH0.550.640.0916.36
CONHALLPLC1.091.260.1715.60

Top 5 Price Decliners

SecuritiesOpen (N)Closed (N)Loss%Change
OMATEK0.990.78-0.21-21.21
GUINEAINS0.340.27-0.07-20.59
DAARCOMM0.390.31-0.08-20.51
UNITYBNK1.841.54-0.30-16.30
NEIMETH2.231.87-0.36-16.14

Check out previous Stock Recommendations

WhatsApp
Facebook
LinkedIn
X