Last week, the Nigerian bourse posted more positive performances on daily basis than it did negative results, causing the week to end on a positive note. The two key market performance indicators simultaneously closed in the positive territory, consequently bringing a modicum of confidence the way of stock investors.
We have selected a group of stocks you should watch out for this week from the look of the market in the week that just went by.
Ripples Nigeria stock watchlist is a selection of stocks monitored for viable trading or investing opportunities. An investor may casually generate a list of equities for investment purposes. But we have taken the pain to do that based on certain parameters in order to save you that hassle.
Please, note that Ripples Nigeria stock watchlist is not a buy, sell or hold recommendation. Consult financial advisor before making any investment decision.
NEIMETH INTL PMARMACEUTICALS LTD
Neimeth is first on our list for this week on the strength of its status as the highest price gainer last week. Interestingly, the pharmaceutical company equally topped our list for last week. It opened at N0.56 last week and closed at N0.73, adding up 30.36% in the process.
FBN HOLDINGS PLC
FBN Holdings makes the list by virtue of being the worst performance for last week. Opening at N7.50, it slid to N6.70 as the week ended, losing 10.67% as the week ended.
Afromedia Plc makes our list on the account of being at its lowest price in the last 52 weeks. The stock currently sells for N0.34.
MRS OIL NIGERIA PLC
MRS Oil makes the list by reason of currently selling at the its 52 week lowest, which is N15.3.
PZ CUSSONS NIGERIA PLC
The stock is on our list on the basis of currently selling very close to its 52 week lowest. It trades at N5.25 at the moment on the Nigerian Stock Exchange.
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