8th May 2019

On the Bid Cart:  DANGFLOUR led the bid cart today after profit taking on gains broke the rally on the stock. The stock gained 500bps to settle at N 16.80 as investors continue to relish on the benefits of the acquisition of the country's premier flour miller.

On the Offer Cart:  After laying dormant since mid March, JAPAULOIL gained 95% for 10 sessions from the tail end of April to the beginning of May. The stock has been on a decline since the start of this week as investors take profit on the prior gains. JAPAULOIL declined 909bps today to settle at N 0.30. 

Reporting for EasyKobo on Wednesday , 08 May 2019 in Lagos, Nigeria

Source: Vetiva Capital Management Limited