14th August, 2019

On the Bid Cart: CONTINSURE resumed the week as the top gainer after appreciating by (432bps) to settle at N1.45. Investors continue to take position in the stock that currently trades 28% below it 5 year high (N2.00). CONTINSURE has dropped 24.08% YTD (WAPIC: -7.14%; Insurance Sector: -14.34% YTD).

On the Offer Cart: UACN emerged as the worst performing stock for the day, down by  (10.00%)  to close the day on offer at N4.95. UACN has been on a downtrend for a period of 12 month (N12.65). The stock trades at a discount of 92% to it 5-year price (N59.86). The stock has now dropped 49.23% YTD (AGLEVENT: -7.41%; TRANSCORP: -36.36% YTD).

Reporting for EasyKobo on Wednesday , 14 August 2019 in Lagos, Nigeria

Source: Vetiva Capital Management Limited