SEPLAT, TRANSCORP HOTEL, UCAP, LASACO list of top stocks to watch this week Business/Entity

SEPLAT, TRANSCORP HOTEL, LASACO and UCAP top the list of stocks to watch in the new week after investors gained N178.05 billion after five days of trading.

Equity markets surpassed 100,000 basis points last week as the benchmark All-Share Index (ASI) rose +0.32% to close at 100,057.49 points from 99,743.05 points in the previous week.

Similarly, investors in the equity market enjoyed three days of gains and raked in N178.05 billion as market capitalization increased to N56.60 trillion from N56.42 trillion in the previous week driven by strong performance of stocks like SEPLAT, TRANSCOHOT and SAY .

Please note that Ripples Nigeria stock to watch is not a buy, sell or hold recommendation. You should consult your financial advisor before making any investment decisions.

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SEPLAT • 3,794.90 ▪ 0.00

Seplat Petroleum Development Co. share price (SEPLAT) is currently NGN 3,794.90. SEPLAT closed its last trading day (Friday, 28 June 2024) at 3,794.90 NGN per share on the Nigerian Stock Exchange (NGX). Seplat Petroleum Development started the year with a share price of 2,310.00 NGN and has since risen 64.3% from that price valuation, ranking it 11th on NGX in terms of year-to-date performance. Shareholders can be optimistic about SEPLAT as its shares have risen 22% over the last four-week period alone—the 21st best ranking on NGX.

Seplat Petroleum Development Co. was the 100th most traded stock on the Nigerian Stock Exchange during the last three months (March 21 – June 28, 2024). SEPLAT traded a total volume of 4.25 million shares—in 2,684 trades—valued at NGN 13.5 billion during the period, with an average of 67,537 shares traded per session. The highest volume of 802,545 was reached on May 17, and the lowest volume of 73 on April 16, for the same period.

By: Babajide Okeowo

The post SEPLAT, TRANSCORP HOTEL, UCAP, LASACO top the list of stocks to watch this week Business/Entities appeared first on Latest Nigerian News | Top News from Ripples Nigeria.

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