Stocks to Watch   

26 Feb 2020

On the Bid Cart: Despite trading lower for most of the session, UBA just behind EKOCORP
(+577bps), FCMB (+629bps) and HONEYWELL (+937bps), moved higher by 438bps to N7.15 due to buying interest towards market close. Just like its  Tier one peers such as ACCESS (-10.89% YTD), FBNH (-16.92% YTD) and GUARANTY (-7.53bps YTD), UBA has not been spared from the persistent bearish trend in February, declining 19.66% from its year high price of N8.90 and 0.69% from its year opening price of N7.20.        
On the Offer Cart: VIATAFOAM recorded the highest decline in today's session, shedding
998bps of its value to close at N4.06. The counter was negatively patronized today as most of its trades occurred at the offer side while increasing its loss to date to -13.62%.  

Reporting for EasyKobo on Wednesday , 26 February 2020 in Lagos, Nigeria

Source: Vetiva Capital Management Limited

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