Stocks to Buy In Week 53 December 30th, 2024

Market Review for the week ended December 27th 2024

The Nigerian equities market closed trading activities last week on a positive note as the market opened for only three days, as the Federal Government of Nigeria declared Wednesday, December 25, and Thursday, December 26, 2024, as public holidays in observance of the Christmas celebrations. The NGX All-Share Index and the Market Capitalization however appreciated for the week by 0.99% to close the week at 102,133.30 and N61.912 trillion respectively.
Sixty-four (64) equities appreciated in price during the week, twenty (20) equities depreciated in price while sixty-nine (69) equities remained unchanged higher than sixty-six (66) recorded in the previous week. Meanwhile, a total turnover of 1.386 billion shares worth N52.022 billion in 33,410 deals was traded this week by investors on the floor of the exchange.

Top 5 Price Gainers

SecurityPrevious CloseClose PriceGain% Change
IKEJAHOTEL9.1512.153.0032.79
MULTIVERSE4.606.101.5032.61
PZ23.0029.006.0026.09
UNIVINSURE0.440.550.1125.00
ROYALEX0.730.910.1824.66

Top 5 Price Losers

SecurityPrevious CloseClose PriceLoss% Change
THOMASWY1.901.71-0.19-10.00
ARADEL664.00600.00-64.00-9.64
AUSTINLAZ1.831.66-0.17-9.29
DAARCOMM0.620.58-0.04-6.45
NEIMETH2.001.90-0.10-5.00

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