Hot Stock 1: After an 89bps loss in yesterday’s session, ZENITHBANK has shed 11% of its value in the last 5 sessions, settling at a price of N22.20. The stock has posted a year-to-date loss of 3.69% and 35% below Consensus target price of N34.24.
Hot Stock 2: ACCESS released its FY’18 results today posting topline and bottom line figures of N542.9 billion (+15% y/y) and at N95.0 billion (+96% y/y) respectively. The stock lost 2.5% to settle at N5.80, 14.7% below its year open price.
Reporting for EasyKobo on Friday , 15 March 2019 in Lagos, Nigeria
Source: Vetiva Capital Management Limited