Investors in the Nigerian equities market endured mixed trading sessions on the floor of the Nigerian EXchange Group (NGX) last week.
The bourse recorded gains in three of the five trading days of the week while market capitalisation decreased by N83.5 billion to N55.3 trillion from N55.4 trillion the previous week.
Similarly, the All-Share Index (ASI) dipped by -0.15% to close the week at 96,433.53 points from 96,579.54 points the previous week.
The market performance received a boost following a surge in the share prices of stocks like IMG, BERGER, E-TRANZACT and UACN and others making them stocks to watch in the new week.
Kindly note that Naomisophyblog Stocks To Watch is not a buy, sell or hold recommendation. It is advisable to consult your financial advisor before making any investment decision.
IMG • 35.00 0.00
The current share price of Industrial & Medical Gases (IMG) is NGN 35.00. IMG closed its last trading day (Friday, September 6, 2024) at 35.00 NGN per share on the Nigerian Stock Exchange (NGX). Industrial & Medical Gases began the year with a share price of 13.45 NGN and has since gained 160% on that price valuation, ranking it sixth on the NGX in terms of year-to-date performance. Shareholders can be optimistic about IMG knowing the stock has accrued an outstanding 71% over the past four-week period alone—fourth best on NGX.
Industrial & Medical Gases is the 95th most traded stock on the Nigerian Stock Exchange over the past three months (Jun 7 – Sep 6, 2024). IMG has traded a total volume of 8.61 million shares—in 931 deals—valued at NGN 180 million over the period, with an average of 136,606 traded shares per session. A volume high of 850,187 was achieved on September 4th, and a low of 1,850 on July 24th, for the same period.
ETRANZACT • 6.15 0.00
The current share price of E-Tranzact International (ETRANZACT) is NGN 6.15. ETRANZACT closed its last trading day (Friday, September 6, 2024) at 6.15 NGN per share on the Nigerian Stock Exchange (NGX). E-Tranzact began the year with a share price of 6.05 NGN and has since gained 1.65% on that price valuation, ranking it 81st on the NGX in terms of year-to-date performance. Shareholders can be optimistic about ETRANZACT knowing the stock has accrued 23% over the past four-week period alone—18th best on NGX.
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E-Tranzact International is the 91st most traded stock on the Nigerian Stock Exchange over the past three months (Jun 7 – Sep 6, 2024). ETRANZACT has traded a total volume of 13 million shares—in 878 deals—valued at NGN 67.2 million over the period, with an average of 206,247 traded shares per session. A volume high of 3.5 million was achieved on August 30th, and a low of 38 on July 4th, for the same period.
BERGER • 18.75 ▴ 1.70 (9.97%)
The current share price of Berger Paints (BERGER) is NGN 18.75. BERGER closed its last trading day (Friday, September 6, 2024) at 18.75 NGN per share on the Nigerian Stock Exchange (NGX), recording a 10% gain over its previous closing price of 17.05 NGN. Berger Paints began the year with a share price of 13.00 NGN and has since gained 44.2% on that price valuation, ranking it 32nd on the NGX in terms of year-to-date performance.
Berger Paints is the 96th most traded stock on the Nigerian Stock Exchange over the past three months (Jun 7 – Sep 6, 2024). BERGER has traded a total volume of 8.49 million shares—in 1,415 deals—valued at NGN 124 million over the period, with an average of 134,738 traded shares per session. A volume high of 1.06 million was achieved on July 31st, and a low of 1,291 on July 11th, for the same period.
UACN • 20.90 ▴ 1.90 (10%)
The current share price of UAC of Nigeria (UACN) is NGN 20.90. UACN closed its last trading day (Friday, September 6, 2024) at 20.90 NGN per share on the Nigerian Stock Exchange (NGX), recording a 10% gain over its previous closing price of 19.00 NGN. UAC began the year with a share price of 12.85 NGN and has since gained 62.7% on that price valuation, ranking it 21st on the NGX in terms of year-to-date performance. Shareholders can be optimistic about UACN knowing the stock has accrued 19% over the past four-week period—23rd best on NGX.
UAC of Nigeria is the 29th most traded stock on the Nigerian Stock Exchange over the past three months (Jun 7 – Sep 6, 2024). UACN has traded a total volume of 193 million shares—in 4,532 deals—valued at NGN 2.96 billion over the period, with an average of 3.06 million traded shares per session. A volume high of 46.4 million was achieved on June 27th, and a low of 94,189 on August 1st, for the same period.
By: Babajide Okeowo
The post IMG, Berger, E-tranzact, UACN, others top list of stocks to watch this week appeared first on Latest Nigeria News | Top Stories from Naomisophyblog.
