5th January, 2021

On the Bid Cart: BOCGAS led the gainers table for the day, after posting a gain of 972bps to close at N10.50. The counter now trades at its 52 week high price, while also trading at a premium of 187.67% to its 52 week low price of N3.65.  

On the Offer Cart: Following consecutive sessions of closing deep in the green, BUACEMENT closed amongst the decliners for the day, recording a loss of 588bps to close lower at N80.00. The industrial goods stock gained about 41.00% in December, following buying interest from a number of investors. However, the ticker was largely affected by profit taking action today, thereby closing the day south.

Reporting for EasyKobo on Tuesday, 05 January 2021 in Lagos, Nigeria

Source: Vetiva Capital Management Limited