“TANTALIZER Shares Spike 27.8% as “PZ Dips 27.0% Amidst Weekly Stock Market Volatility”

Date:

During the trading week ending May 10, 2024, several stocks on the Nigerian Stock Exchange (NSE) saw significant price movements, with some recording notable gains while others faced declines. Here is a summary of the performance of selected stocks:

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Gainers:
– TANTALIZER: The stock gained 27.8% during the week, rising from ₦0.36 on May 3 to ₦0.46 on May 10.
– FTNCOCOA: FTNCOCOA recorded a 20.0% increase, climbing from ₦1.35 to ₦1.62.
– PRESCO: PRESCO experienced a 15.3% increase, with its share price rising from ₦252.80 to ₦291.50.
– MAYBAKER: The stock of MAYBAKER gained 15.0%, increasing from ₦6.00 to ₦6.90.
– TIP: TIP saw a 15.0% increase, moving from ₦2.00 to ₦2.30.
– GUINEAINS: GUINEAINS recorded a 13.3% increase, rising from ₦0.30 to ₦0.34.
– OANDO: OANDO experienced a 12.2% increase, climbing from ₦9.05 to ₦10.15.
– JAPAULGOLD: JAPAULGOLD gained 12.1%, moving from ₦1.90 to ₦2.13.
– NGXGROUP: NGXGROUP saw a 10.0% increase, rising from ₦22.50 to ₦24.75.
– CORNERST: CORNERST recorded a 10.0% increase, climbing from ₦1.80 to ₦1.98.

Losers:
– PZ: PZ witnessed a decline of 27.0%, falling from ₦38.00 to ₦27.75.
– MCNICHOLS: MCNICHOLS experienced a decline of 20.2%, moving from ₦1.14 to ₦0.91.
– NSLTECH: NSLTECH saw a decline of 16.9%, falling from ₦0.59 to ₦0.49.
– INTBREW: INTBREW recorded a decline of 15.3%, dropping from ₦4.78 to ₦4.05.
– MANSARD: MANSARD experienced a decline of 12.9%, moving from ₦5.89 to ₦5.13.
– TRANSCORP: TRANSCORP saw a decline of 10.6%, falling from ₦14.10 to ₦12.60.
– AIRTELAFRI: AIRTELAFRI witnessed a decline of 10.3%, moving from ₦2,200.00 to ₦1,973.00.
– ETERNA: ETERNA recorded a decline of 9.9%, dropping from ₦15.15 to ₦13.65.
– BERGER: BERGER experienced a decline of 9.9%, falling from ₦13.70 to ₦12.35.
– IMG: IMG saw a decline of 9.8%, moving from ₦13.75 to ₦12.40.

The mixed performance of these stocks reflects the dynamic nature of the stock market, influenced by various factors such as market sentiment, company performance, and economic indicators. Investors are advised to carefully monitor these developments and consider their investment strategies accordingly.


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Godwin Okafor
Godwin Okaforhttps://naija247news.com
Godwin Okafor is a veteran Financial Journalist, Internet Social Entrepreneur, and the visionary Founder of Naija247news Media Limited. With an extensive career spanning over 16 years in financial journalism, Godwin possesses a wealth of experience that seamlessly bridges both traditional and digital media landscapes. His journey in journalism commenced at Business Day, Nigeria, where he laid the foundation for his prolific career. In 2010, Godwin took a bold step by founding Naija247news Media, a platform that has since become a prominent player in delivering timely and accurate news. Educationally, Godwin Okafor holds a Bachelor's degree in Industrial Relations and Personnel Management from the prestigious Lagos State University, Ojo, Lagos. His commitment to continuous learning led him to the Lagos Business School, where he further honed his skills. Additionally, he is recognized as a Fellow of the University of Pennsylvania, having successfully completed the Wharton Seminar for Business Journalists. Throughout his illustrious career, Godwin has earned acclaim by winning numerous journalism awards, a testament to his dedication to excellence in reporting. Beyond his role as a Financial Journalist, Godwin Okafor wears the hat of the Chairman at Emmerich Resources Limited, the publishing entity behind Naija247news. His visionary leadership has played a pivotal role in shaping the media landscape and establishing Naija247news as a trusted source of information. Godwin Okafor's multifaceted expertise, commitment to journalistic integrity, and leadership in the realm of business journalism underscore his influential presence in both the media and entrepreneurial spheres.

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