BUA cement, Dangote cement, May & Baker, NEM top list of stocks to watch this week

Two cement stocks, BUA cement and Dangote cement are amongst the list of stocks to watch out for this week followed by equities of healthcare company May and Baker and insurance stock NEM Insurance PLC.

The market performance for the week increased by 13.84% to 94,538.12 from 83,042.96 recorded at the beginning of the week driven by strong performances by BUA CEMENT (+45.80%), DANGOTE CEMENT (+53.94%), MAYBAKER (+50.46%), NEM (+39.13%), and GEREGU (+17.72%), offsetting losses in GTCO (-4.75%), FBNH (-5.00%), STANBIC (-4.41%), UCAP (-6.27), MULTIVERSE (-6.59%), CUSTODIAN (-4.93%), and IKEJAHOTEL (-10.57%).

Overall, 81 equities gained for the week, while 58 equities depreciated, and 16 remained unchanged.