25th October, 2019

On the Bid Cart: UAC-PROP recovered from yesterday's decline, gaining 808bps in today's session to close at N1.07. The property development company has lost 43.98% YTD and trades at a discount of 42.78% to its 52 week high price of N1.87.         

On the Offer Cart: GUINNESS settled the day 983bps below its opening price to close the week fully offered at N23.85. Investors once again reacted negatively to the release of its Q1'19 leading to massive sell offs in the counter while increasing the ticker's YTD loss to -66.88%. GUINNESS subsequently trades at 58.89% above its historical low price of (N15.01) and at a significant discount of 91.40% to its all-time high price of N277.30.

Reporting for EasyKobo on Friday , 25 October 2019 in Lagos, Nigeria

Source: Vetiva Capital Management Limited