16th October, 2019

On the Bid Cart: LAWUNION closed the day as the best performing stock, gaining 909bps to settle atN0.48. Since hitting its year low price ofN0.33 in August, the counter has risen over 40.00%, reducing its YTD loss to -20.00%.         

On the OFFER cart: STERLNBANK (769ps) trailed CHAMS (-833bps) and WAPIC (-857bps) as the worst performing stock for the day, closing atN1.80. The counter hit its year-low (?1.76), with a bid to offer ratio of 0.04x in today's session. Prior to today's decline, STERLNBANK had gained 2.63% YTD but closed the day with a YTD loss of -5.26%.

Reporting for EasyKobo on Wednesday , 16 October 2019 in Lagos, Nigeria

Source: Vetiva Capital Management Limited