Stocks to Watch - July 9   

July 9 (Lagos) - These are the stocks to watch from todays session according to analysts at Vetiva Capital Management Ltd in Victoria Island, Lagos.

On the Bid Cart: LAWUNION emerged as the best performing stock for the day, rising 700bps above its opening price to close the session at N 1.07. The significant gain in the insurance stock coupled with the buying interest in AIICO (+330bps) lifted the Insurance sector by 64bps d/d. With today's positive performance, its YTD return increased to +114.00%

On the Offer Cart: Despite the bullishness in today's session, BERGER saw a negative investor's patronage, closing the session down by 963bps to settle at N 6.10. The counter traded about 1.1m units today, with most trades occurring at the offer side. With today's negative performance, its YTD return closed at -9.63%.     

reporting for on Thursday, July 9 2020 from Lagos, Nigeria
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