9th October, 2019
On the Bid Cart: LEARNAFRCA gained 980bps today reversing the 893bps loss in the previous session, to close at intraday high price of N1.12. The counter opened at its 52-week low price of N1.02 presenting the opportunity for investors to take position. LEARNAFRCA trades at a discount of 27.74% to its 52-week high price of N1.55 and has lost 17.65% YTD.
On the Offer Cart: PZ led the other 14 losers for the day, dropping 10.00% to settle at N6.30. PZ rallied over 26.00% under a two-month period leading to profit taking action in the counter in today's session. After shedding 10.00% today, PZ has now lost 47.93% YTD.
Reporting for EasyKobo on Wednesday , 9 October 2019 in Lagos, Nigeria
Source: Vetiva Capital Management Limited