Stocks to Watch   

30th June, 2020

On the Bid Cart: NEIMETH continued on its way to recovery, advancing 10.00% today, to close the session up at N1.65. The pharmaceutical company which was significantly pressured in the last few weeks due to profit taking, has now been positively patronized by investors who are willing to take advantage of recent price declines. The counter has gained over 40.00% in the last five trading sessions, while also increasing its YTD performance to +166.13%.                

On the Offer Cart: The domestic bourse closed the day south as mid/large cap stocks such as BUACEMENT (-10.00%), CADBURY (-10.00%), WAPCO (-741bps), UBN (-635bps), PZ (-476bps), GUINNESS (-333bps), FLOURMILL (-281bps), NASCON (-187bps), GUARANTY (-134bps), DANGCEM (-78bps) and ZENITHBANK (-62bps) closed in the red.         

Reporting for EasyKobo on Tuesday ,30 June 2020 in Lagos, Nigeria

Source: Vetiva Capital Management Limited


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