Stocks to Watch   

23rd June, 2020

On the Bid Cart: MTNN saved the domestic bourse from a significant negative performance, after rising 164bps just before the pre-close session to close the day at ?118.00. The telecommunication giant has been positively patronized during the year, posting a positive YTD return of 8.26% while erasing the initial declines posted due to the massive sell-offs that resulted from the Corona-virus outbreak.              

On the Offer Cart: The domestic bourse once again saw a set back due to continued sell pressure in a number of mid/large cap stocks such as DANGSUGAR (-985bps), PZ (-816bps), ETI (-510bps), NB (-270bps), WAPCO (-222bps), ACCESS (-148bps) and UBA (-79bps) among others.          

Reporting for EasyKobo on Tuesday ,23 June 2020 in Lagos, Nigeria

Source: Vetiva Capital Management Limited

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