On the Bid Cart: LEARNAFRCA continued its upward trajectory gaining 982bps in today's session to close at N1.23 after gaining 980bps in the previous session. Investors continued to take position in the counter recording a bid to offer ratio of 1.72x with over 1m bids against 687k units offer. The short rally has reduced the counter's YTD loss to -9.56%.
On the Offer Cart: WAPIC topped the losers board for the day, dipping 857bps to settle at N0.32. The counter traded over 12m units, with most trades occurring on the offer side. WAPIC has lost 23.81% YTD (MANSARD: -11.48%; AIICO: 1.59%; CONTINSURE: 19.37%; Insurance sector: -6.81% YTD).
Reporting for EasyKobo on Thursday , 10 October 2019 in Lagos, Nigeria
Source: Vetiva Capital Management Limited