26th June, 2020

On the Bid Cart: ARTELAFRI saved the domestic bourse from another bearish performance, after the 997bps rise at mid day pushed the index north. The telecommunication stock rose to N328.70 after a trade of over 100k units during the day went through at its intra-day maximum price, while pushing the stock to full bid. Following today's price appreciation, its YTD performance increased to +9.97%.      

On the Offer Cart: FIDSON emerged as the highest decliner for the day, closing 970bps below its opening price while settling the week at N2.98. The pharmaceutical company trades at a 34.84% premium to its 52 week low price of N2.21 and 34.51% above its 52 week high price of N4.55 while posting a YTD figure of +6.43%.       

Reporting for EasyKobo on Friday ,26 June 2020 in Lagos, Nigeria

Source: Vetiva Capital Management Limited