Stocks to Watch   

11th May, 2020

On the Bid Cart: UNILEVER led the gainers table in today's session, rising 10.00% above its opening price to close fully bidded at ?11.55. The counter has been significantly pressured in recent times, trading at its lowest point in five years while also posting a YTD loss of -44.20%. However, the recent fall in price attracted investors to take position in the mid cap stock as seen in today's session.         


On the Offer Cart: Losses in GUARANTY (-433bps) and ZENITHBANK (-227bps) pushed the Banking index (-2.76%) to a negative close. The negative performances resulted from profit taking in the banking heavyweight stocks that appreciated in recent sessions. With the drop in price today, their YTD returns worsened to - 28.08% and -19.52% respectively.   

Reporting for EasyKobo on Monday , 11 May 2020 in Lagos, Nigeria

Source: Vetiva Capital Management Limited

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