Stocks to Watch   

15 April 2020

On the Bid Cart: DANGCEM emerged as the highest gainer in today's session, rising 10.00% to close at its intra-day high price of N133.10. The positive performance can be said to be as a result of buying interest in the heavyweight stock that had faced significant sell pressure in the last couple of weeks. The counter's YTD performance moderated to -6.27%, but trades at a 38.09% discount to its 52 week high price of N215.00.            

On the Offer Cart: Cart: Despite the buying interest that dominated the trading session today, WEMABANK trailed ARBICO (-982bps) as the second worst performing stock, down by 968bps to close lower at N0.56. The Banking stock has lost 17.65% YTD and trades 28.21% below its year high price of N0.78.     


Reporting for EasyKobo on Wednesday , 15 April 2020 in Lagos, Nigeria

Source: Vetiva Capital Management Limited

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