Stocks to Watch   

29 May 2020

On the Bid Cart: BUACEMENT trailed CADBURY (+813bps), NEIMETH (+971bps) and MANSARD (+973bps) as one of the best performing stock for the day, gaining 769bps to close the week at N 42.00. Since releasing its FY'19 result on the 19th of May 2020 where a final dividend ofN1.75 was declared, the counter has been positively patronized, rising over 30.00% within the same period , while increasing its YTD return to +20.00%.    


On the Offer Cart: The Banking sector once again closed as the top loser for today, shedding 1.93% d/d, due to continued profit taking in ETI (-642bps), ZENITHBANK (-315bps), FBNH (-273bps), GUARANTY (-64bps) and UBA (-148bps) among others.      

Reporting for EasyKobo on Friday , 29 May 2020 in Lagos, Nigeria

Source: Vetiva Capital Management Limited

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