Stocks to Watch   

03 June 2020

On the Bid Cart: PRESCO trailed SKYAVN (+966bps) and NEIMETH (+970bps) as the third best performing stock for the day, gaining 904bps to close fully bidded at N45.25. Just in line with other fundamentally sound counters, the Argo-industrial company has been positively patronized in the last few sessions, rising about 13.00% in less than 10 sessions, while reducing its YTD loss to -4.74%.    


On the Offer Cart: The Banking sector closed as the worst performing sector in today's session, down by 0.58% as a result of profit taking in all Tier 1 banking stocks asides FBNH which gained 92bps. ACCESS (-352bps), UBA (-147bps), ZENITHBANK (-58bps) and GUARANTY (-40bps) closed in the red.      

Reporting for EasyKobo on Thursday , 03 June 2020 in Lagos, Nigeria

Source: Vetiva Capital Management Limited

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