Stocks to Watch   

04 April 2020

On the Bid Cart: ARDOVA PLC continued to enjoy positive investors' patronage, advancing 996bps to close at N12.70. Since falling to its 52 week low price of N9.40 two weeks ago, the counter has seen renewed interest, gaining over 35.00% in recent sessions while reducing its YTD loss to -29.44%.             

On the Offer Cart: ACCESS closed as one of the top decliners in today's session, shedding 758bps to close lower at N6.10. The intra-day negative performance is on the back of profit taking in the counter which had recorded capital appreciation in the last few sessions. With the decline recorded today, the YTD performance of the Tier 1 Banking stock worsened to -39.60% from the -34.65% recorded in the last trading session.   

Reporting for EasyKobo on Monday , 04 May 2020 in Lagos, Nigeria

Source: Vetiva Capital Management Limited

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