24th September, 2019

On the Bid Cart: UACN trailed ABCTRANS (+968bps) and NPFMCRFBK (+796bps) as one of the best performing stock for the day after gaining 699bps to close at N7.65. The counter has risen over 70.00% from its year low (N4.50) and has its YTD loss reduced to 21.54%. UACN declined 949bps yesterday subsequently creating opportunity for position taking in today's session.

On the Offer Cart: CADBURY topped laggards chart shedding 991bps to close at N10.45. After trading at its year low (N9.00) in August, the stock rose 29.44% to N11.68 and trades at a 13.63% discount to its year high (N12.10). However, CADBURY has recorded a YTD return of 4.50% despite the persistent bearish trend of the overall market.

Reporting for EasyKobo on Tuesday , 24 September 2019 in Lagos, Nigeria

Source: Vetiva Capital Management Limited