21th August, 2019
On the Bid Cart: NESTLE appeared among the top performing stocks for the day up by 703bps to close at N1,200.00. The gain recorded in NESTLE resulted from bargain hunting on the stock that declined by 10% last week.
On the Offer Cart: FO emerged as the worst performing stock today after shedding 10.00% to close the day at the lowest price in 5 years N15.30. On a YTD basis the price of FO has dropped by 47% and has declined a significant 95% over a 3 year period.
Reporting for EasyKobo on Wednesday , 21 August 2019 in Lagos, Nigeria
Source: Vetiva Capital Management Limited