Stocks to Watch   

On the Bid Cart: AFRIPRUD topped the other 12 gainers, advancing 991bps to close at N3.55. AFRIPRUD peaked at N5.25 (31.25% above its year opening price) in February, but has plotted a downward slope since then due to profit taking. However, with the counter opening just c.1.00% above its 52 week low price of N3.20, the counter enjoyed investors' bargain hunting in today's session.          

On the Offer Cart: Having stabilized in the last three sessions, the Bears dominated market session today as mid/large cap stocks such as ZENITHBANK
(-10.00%), STANBIC (-661bps), UBA (-654bps), WAPCO (-648bps), ACCESS (-579bps), MTNN (-478bps), NESTLE (-341bps) and DANGCEM (-330bps) closed lower.  

Reporting for EasyKobo on Thursday , 19 March 2020 in Lagos, Nigeria

Source: Vetiva Capital Management Limited

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