8th October, 2019

On the Bid Cart: NASCON  rose 10.00% in today's session enjoying positive investor sentiment, closing higher at its intraday maximum price of N14.85. NASCON had a bid to offer ratio of 7.83x before the pre close session, with over 2m bids against 259k offers. Today's gain reduced its YTD loss from the -25.00% printed yesterday to -17.50%.

On the Offer Cart: COURTVILLE trailed CHAMPION (-957bps) as the worst performing stock, shedding 909bps in today's session, closing at N0.20. The performance recorded today came as a result of profit taking on the ticker that emerged as the best performing stock yesterday. The counter returned to its nominal value of N0.20 and subsequently has its YTD return reset to 0.00% from 10.00% recorded yesterday.

Reporting for EasyKobo on Tuesday , 8 October 2019 in Lagos, Nigeria

Source: Vetiva Capital Management Limited