18 November 2019

On the Bid Cart: NEIMETH led other gainers in a relatively bearish session for the day. A cross deal of about 500k units at market open cemented the counter's position as the top gainer for the day, rising  10.00% to close at its intra-day maximum price of ?0.44 while reducing its YTD loss to 43.59% (against -48.72% recorded on Friday).     9

On the Offer Cart: ACCESS  bank which gained 25% last week closed today's session as one of the worst performing stock, with a 667bps decline to close at ?9.80. Today's performance can be said to be profit taking on the counter as a result of the gains recorded in recent sessions. However, despite the negative d/d performance, the tier one banking stock remains strong on a YTD basis, gaining over 44.12% YTD.    

Reporting for EasyKobo on Monday , 18 November 2019 in Lagos, Nigeria

Source: Vetiva Capital Management Limited