While choosing the right shares to trade can be a tedious exercise for many investors, we have provided a comprehensive list of the 5 best shares to buy in Nigeria right now, based on information from the NGX’s top-traded companies.
Honeywell Flour Mill is a manufacturer and marketer of various wheat-based products which range from flour, semolina, noodles, pasta, and more.
Honeywell Flour Mill began the year with a share price of 1.20 NGN, and it has gained 217% on this price valuation, which ranks it third on the NGX where year-to-date performance is considered.
Investors are optimistic about HONYFLOUR shares, knowing that it has accused 85% in the past four weeks. Conoil Plc (NGX: CONOIL)
Conoil Plc started the year with 20.85 NGN, and it has since increased by 7.19% to a price of 22.35 NGN, ranking it 53rd on the NGX where year-to-date performance is concerned.
CONOIL is the 87th most-traded stock on the NGX and it has traded a total volume of 6.35 million shares, which were sold in 1,340 deals, at a value of NGN 139 million. CONOIL achieved an all-time high trading volume of 695,146 on August 9. Seplat Energy PLC (NGX: SEPLAT)
Seplat Energy PLC started the year with a share price of 402.30 NGN, and it has increased by 88.8% on this price valuation which ranks it 10th on the NGX where year-to-date performance is concerned.
In the past three months, SEPLAT has ranked as the 84th most-traded stock on the NGX, having traded a total volume of 8.86 million shares, executed in 1,238 deals which were valued at a total of NGN 6.33 billion.
MTN Nigeria is ranked 62nd on the NGX where year-to-date performance is concerned, having started the year with a share price of 172.50 NGN, having gained 1.53% on this price valuation.
MTN Nigeria is the 37th most-traded share on the NGX and in the past three months, a total volume of 90.3 million shares was traded in 5,621 deals which were valued at a total of NGN 15.1 billion.
Zenith Bank Plc is ranks 108th on the NGX according to year-to-date performance, starting the year with a price of 23.80 NGN, showing an increase of 3.23. Zenith Bank is also the fifth-most traded stock in the past three months, with a total trading volume of 737 million shares. #FeaturebyAsktraders