17th October, 2019

On the Bid Cart: CHAMS gained 909bps in today's session, just behind WAPIC (+938bps) to close atN0.24. CHAMS peaked at its year high price of N0.53 in May and now trades at a discount of 54.72% to that point. Despite the persistent bearish trend in the equities market, the counter has gained 20.00% YTD.         

On the Offer Cart: Cart: CORNERST ended the day with a decline of 811bps, closing as one of the top laggards for the day while settling at N0.34. CORNERST rose over 100.00% in September giving opportunity for profit taking on gains made in recent sessions. The insurance stock currently has a YTD return of 70.00%.

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

Source: Vetiva Capital Management Limited