Stocks to Watch   

On the Bid Cart: The domestic bourse continued to enjoy renewed interest, as investors once again cherry picked on a number of fundamentally sound stocks. The buying interest however transpired into gains in a number of mid/large cap stocks such as; NB (+10.00%), ARDOVA (+984bps), GUARANTY (+929bps), ZENITHBANK (+640bps), FLOURMILL (+633bps), JBERGER (+465bps), ACCESS (+77bps) and DANGCEM (+56bps) among others.             

On the Offer Cart: CILEASING emerged as the highest decliner for the day, down by 600bps to close the day lower at N4.70. The counter has lost 23.58% YTD and trades 36.05% below its 52 week high price of N7.35 and just 3.30% above its 52 week high price of N4.55.   

Reporting for EasyKobo on Wednesday , 06 May 2020 in Lagos, Nigeria

Source: Vetiva Capital Management Limited

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