Stocks to Watch   

3rd April, 2020

On the Bid Cart: Contrary to the sell pressure witnessed in Banking stocks in the last four sessions, counters in the sector were positively patronized today as all Tier 1 Banking stocks closed higher; ACCESS (+10.00%), ZENITHBANK (+818bps), FBNH (+676bps), UBA (+206bps) and GUARANTY (173bps) while the Banking index appreciated by 3.70% d/d.            

On the Offer Cart: SKYAVN led the other 11 decliners for the day, shedding 989bps to close lower at N2.37. Trading in line with other stocks at the domestic market, the counter has been significantly affected by the persistent sell pressure that has dominated the market in the last two months, trading 43.44% below its 52 week high price of N4.19.     

Reporting for EasyKobo on Friday , 03 April 2020 in Lagos, Nigeria

Source: Vetiva Capital Management Limited

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