27th August, 2019

On the Bid Cart: PZ led the 13 gainers for the day after appreciating 593bps to close the day at N6.25. The stock trades at a discount of  58.33% to it's 52 week high (N15.00) thereby providing the opportunity for bargain hunting on the stock. PZ has recorded a YTD loss of 48.35%.

On the Offer Cart: SEPLAT emerged as the worst performing stocks for two consecutive days this week after dropping 982bps in today's session to close at N397.70. On a week to date basis SEPLAT has slipped 18.84%, with it YTD loss settling at -37.86% (MOBIL: -14.82%; TOTAL: -52.46%; Oil and Gas: -35.40% YTD).

Reporting for EasyKobo on Tuesday , 27 August 2019 in Lagos, Nigeria

Source: Vetiva Capital Management Limited