15th June, 2020

On the Bid Cart: In the trading session where a number of stocks witnessed some level of sell pressure, FIDSON emerged as the highest gainer, up 10.00% to close at its intra-day maximum price of N3.30. The pharmaceutical company has risen over 40.00% in the last one month and has its YTD return positive at +17.86%.              

On the Offer Cart: The Nigerian equities market started off the week on a bearish tone as sell pressure was seen in counters such as; ETI (-734bps), UBA (-519bps), ZENITHBANK (-270bps), FBNH (-187bps), BUACEMENT (-181bps), MTNN (-169bps), GUARANTY (-167bps) and ACCESS (-74bps).         

Reporting for EasyKobo on Monday , 15 June 2020 in Lagos, Nigeria

Source: Vetiva Capital Management Limited