Stock to Buy for Week 6, February 2024

The Nigerian equities market closed trading activities last week of on a positive note. The NGX All-Share Index and the Market Capitalization appreciated for the week by 1.97% and 2.00% to close the week at 104,421.23 and N57.158 trillion respectively.
Twenty-seven (27) equities appreciated in price during the week, sixty-four (64) equities depreciated in price while sixty-four (64) equities remained unchanged lower than sixty-five (65) as recorded in the previous week. Meanwhile, a total turnover of 3.893 billion shares worth N95.147 billion in 69,117 deals was traded this week by investors on the floor of the exchange.

Top 5 Price Gainers

SecuritiesOpen (N)Closed (N)Gains(N)%Change
TRIPPLEG2.834.021.1942.05
MEYER3.564.300.7420.79
CORNERST1.581.900.3220.25
JULI0.590.700.1118.64
VERITASKAP0.590.700.1118.64

Top 5 Price Decliners

SecuritiesOpen (N)Closed (N)Loss%Change
DAARCOMM0.900.70-0.20-22.22
ETERNA27.4522.10-5.35-19.49
SUNUASSUR2.251.82-0.43-19.11
DEAPCAP0.800.67-0.13-16.25
MAYBAKER7.506.30-1.20-16.00

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