Stocks to Watch   

31st March, 2020

On the Bid Cart: GLAXOSMITH ended today's session as the best performing stock, advancing 10.00% to close fully bidded at its intra-day limit high price of N4.40. The counter traded c.1.26mn units, with most trades occurring at the bid side. With the upward movement recorded today, its YTD performance moderated to -20.00% as against the -27.27% recorded yesterday.            

On the Offer Cart: JAIZBANK led the other ten decliners for the day, shedding 943bps to close lower at N0.48. The counter just like other stocks at the local bourse, have been significantly sold down during the year, dropping 22.58% YTD while also trading at a discount of 33.33% to its year high price of N0.72.     

Reporting for EasyKobo on Tuesday , 31 March 2020 in Lagos, Nigeria

Source: Vetiva Capital Management Limited

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