Top Stock Performances and Declines as of June 28, 2024



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Several stocks showed notable movements in the Nigerian Stock Exchange this week, reflecting varied investor sentiments and market dynamics:

Top Gainers:

  • CWG surged by 44.5%, closing at 7.95 compared to 5.50 last week.
  • FTNCOCOA rose by 22.4%, reaching 1.64 from 1.34 previously.
  • UCAP gained 21.8%, closing at 26.50 from 21.75 in the previous week.
  • JOHNHOLT increased by 20.3%, closing at 3.14, up from 2.61.
  • MBENEFIT saw a rise of 19.6%, closing at 0.67 compared to 0.56 last week.
  • LASACO grew by 18.1%, closing at 2.55 from 2.16 previously.
  • NSLTECH gained 18.0%, closing at 0.59 compared to 0.50 last week.
  • AFRIPRUD increased by 18.0%, reaching 8.20 from 6.95.

Top Losers:

  • JAIZBANK declined by 11.4%, closing at 1.95 compared to 2.20 last week.
  • DAARCOMM dropped by 10.5%, reaching 0.51 from 0.57 previously.
  • CHAMPION decreased by 10.5%, closing at 3.50 from 3.91.
  • UPL fell by 9.1%, closing at 2.50 compared to 2.75 last week.
  • BETAGLAS declined by 8.6%, reaching 53.00 from 58.00.
  • DANGSUGAR dropped by 8.5%, closing at 43.00 from 47.00.
  • ACADEMY saw a decline of 8.0%, closing at 1.84 compared to 2.00 last week.
  • CAVERTON decreased by 7.8%, reaching 1.30 from 1.41.
  • WAPCO fell by 7.5%, closing at 34.05 compared to 36.80 last week.
  • DEAPCAP declined by 7.1%, closing at 0.52 from 0.56 previously.

These movements highlight the significant volatility and shifting investor sentiments in the market, influenced by various economic factors and company-specific news.

Godwin Okafor, The Naija247news
Godwin Okafor, The Naija247news
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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