30th October, 2019

On the Bid Cart: UPL closed the day as the largest gainer, rising 10.00% above its opening price to settle at its upper limit price for the day (N1.21). The counter has been largely affected by the overarching bearish trend, trading 50.00% below its 52 week high price of N2.42 and recording a YTD loss of 44.50%.         

On the Offer Cart: FLOURMILL closed 968bps lower in today's session, settling at N14.00. The counter experienced negative investor sentiment in today's session leading to sell offs at its intra-day low price. FLOURMILL has now lost 33.39% of its value YTD and trades c.40.00% away from its 52 week high price of N23.10.

Reporting for EasyKobo on Wednesday , 30 October 2019 in Lagos, Nigeria

Source: Vetiva Capital Management Limited