Stocks to Watch   


15th August, 2019


On the Bid Cart: CCNN led the gainers table for the day
(+943bps) to close at N14.50. After returning about 104% in 2018 and getting to its peak price of N31.35 in July 2019, the stock has been on a downward trend with a YTD loss of 25.26% ( WAPCO: +12.45%; DANGCEM: -14.60%; Industrial Sector:-13.68%)

 

On the Offer Cart: STANBIC led the 24 decliners for the day after settling at N34.30 (-997bps) as it closed the day fully offered. The current price represents the stock's lowest price in 52 weeks and has recorded a YTD loss of -28.47% (FBNH: -42.14%; Banking: -24.37% YTD). STANBIC and other Banking stocks have witnessed massive sell pressure in the last few weeks.


Reporting for EasyKobo on Thursday , 15 August 2019 in Lagos, Nigeria


Source: Vetiva Capital Management Limited

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