05 June 2020

On the Bid Cart: BOCGAS topped the gainers table for the day, appreciating 10.00% to close at its intra-day maximum price of N4.40. The counter traded about 570k units today, with most trades occurring at the bid side. Following today's upward movement, the counter's YTD performance moderated to -18.65% from the -27.27% recorded yesterday.     

On the Offer Cart: Following the successive gains in the last few sessions, BUACEMENT saw a bit of profit taking today, closing 544bps below its opening price, to end the week lower at N40.00. The counter saw positive traction in the last few weeks, rising over 35.00% in less than two weeks while increasing its YTD performance to 14.29%.  

Reporting for EasyKobo on Friday , 05 June 2020 in Lagos, Nigeria

Source: Vetiva Capital Management Limited