Stocks to Watch   

16 December 2019

On the Bid Cart: GUINNESS led the other 16 gainers for the day, closing
983bps above its opening price while ending the day fully bidded at N32.40. Since dropping to a 5 year low of N23.30 in November 2019, the counter has experienced renewed interest, rising over 35.00% thus improving its YTD performance from -67.64% to -55.00%.      

On the Offer Cart: In spite of the bullish performance recorded today at the domestic market, CORNERST declined
909bps to end the day at N0.60. The negative performance recorded today can be said to be as a result of continued profit taking action on the counter that gained over 300.00% over two (2) months (Aug-Nov). However, despite the decline CORNERST has its YTD return strongly positive at +200.00%.    

Reporting for EasyKobo on Monday , 16 December 2019 in Lagos, Nigeria

Source: Vetiva Capital Management Limited

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