20th November, 2019

On the Bid Cart: CHAMS (+10.00%) closed the day as the best performing stock ahead of LEARNAFRIC and CONOIL. The stock has rallied 37.5% this month and 66% since the beginning of the year. Though its trading at a discount to its year high price of N0.53, the counter has demonstrated that it has what it takes to continue to trade at this level.

On the Offer Cart: NASCON led only a handful of losers today after closing 572bps down at N14.00. The salt producer recorded its first loss in over a month after remaining flat at N14.85 for 29 sessions. The stock is not trading at a 35% discount to its year high price of N21.70 which it peaked at in March.  

Reporting for EasyKobo on Wednesday , 20 November 2019 in Lagos, Nigeria

Source: Vetiva Capital Management Limited