30th September, 2019

On the Bid Cart: CAP gained 989bps in today's session, emerging as the best performing stock for the day to close at N25.55. CAP opened today's trading session at its lowest price in 5 years (N23.25) leading to bargain hunting in the counter. The industrial stock subsequently trades at a 53.16% discount to its five-year high of N53.91.

On the Offer Cart: JOHNHOLT closed the day as the worst performing stock for the day, dipping 984bps to settle at N0.55. A single trade of 250k units ensured the counter closed at its lowest price for the day. Interestingly, JOHNHOLT has shown resistance in the persistent bearish market, recording a 25.00% YTD return.

Reporting for EasyKobo on Monday , 30 September 2019 in Lagos, Nigeria

Source: Vetiva Capital Management Limited