Before it's here, it's on InfoWARE Market Data Terminal; Years of Fundamentals, Analytics and more... FTNCOCOA 9.82  ELLAHLAKES 9.80  DEAPCAP 9.78  REGALINS 8.62  MERVALUE 8.43  RTBRISCOE 8.11  MERGROWTH 7.29  CONHALLPLC 5.67  NGXGROUP 5.49  LIVESTOCK 5.28  STANBICETF30 -10.00  CAVERTON -9.73  CADBURY -9.39  ABCTRANS -8.73  MCNICHOLS -7.89  OKOMUOIL -7.63  BETAGLAS -7.29  WEMABANK -6.51  HONYFLOUR -5.79  MTNN -4.40 
Get IDIA - the stock trading app for the modern investor
InfoWARE Analyst Daily Market Report (20-Sep-2024 15:09:54.907)
(Source: InfoWARE Terminal, Date: 20-Sep-2024)
Dear Investor,
InfoWARE Analyst Daily Market Report - 20-Sep-2024 15:09:54.906

The Nigerian equities market recorded another up day, as the NGX All-Share Index (NGXASI) closed the day up by 0.25%, to bring the Year-to-Date returns up 29.29%. The All Share Index closed at 98,247.99 against the previous close of 98,003.75, volume traded increased by 21.57% from 455.26M to 553.47M, while market turnover (the total value of shares traded) increased by 56.15% from NGN6.46B to NGN10.09B in 8,510.00 deals.
Market breadth (1.93x) signified Fifty-four (54) advancers, as against Twenty-eight (28) decliners. Volume was up for 72 companies and down for 83


Top ASI Gainers Over Last 5 Trading Days

SymbolPrice%Chg5Dys%Chg1Dy%ChgWTD%ChgMTD%ChgQTD%ChgYTD
CAVERTON3.3632.269.8232.26179.55183.8588.27
FIDELITYBK12.4024.209.6824.2025.3536.0019.30
FIDSON14.5021.2910.0021.2922.6918.15-8.86
MEYER6.4120.939.9820.9333.0233.0296.38
MCNICHOLS1.6520.573.0320.579.6853.1584.78
ACADEMY2.8920.539.6920.538.5659.3063.40
DAARCOMM0.7515.380.0015.3813.6447.06-24.24
UPL2.4314.934.5314.931.201.605.83
PZ15.8010.869.8110.86-17.38-21.14-40.17
VITAFOAM22.0010.550.0010.5519.8922.220.00

Top ASI Losers Over Last 5 Trading Days

SymbolPrice%Chg5Dys%Chg1Dy%ChgWTD%ChgMTD%ChgQTD%ChgYTD
NNFM39.15-18.97-9.96-18.97-27.02-27.02-22.53
FLOURMILL56.00-15.85-9.91-15.8510.1513.3752.42
FBNH30.55-13.79-9.98-13.7922.7719.5716.28
RTBRISCOE3.15-13.590.95-13.59-0.63347.89421.31
MERVALUE154.27-11.029.54-11.02-35.01300.81409.28
NIDF112.80-9.93-9.93-9.93-9.93-10.88-10.88
UPDC1.76-9.740.00-9.7437.5026.6240.80
JOHNHOLT3.08-9.74-9.74-9.74-9.74-11.4719.83
MECURE8.45-9.47-9.47-9.47-18.18-20.06-29.17
CONHALLPLC1.48-7.24-4.73-7.24-2.08-12.966.02

For more detailed analysis, on InfoWARE Market Data Terminal <NSEPERF> <GO>
On InfoWARE Finance Mobile App (Android, iPhone & iPad, Windows Phone and Windows 8/10), "Top Gainers & Losers"


FIDSON HEALTHCARE PLC (FIDSON) topped the advancers list closing at N15.95 with a gain of 10.00% followed by GREENWICH ASSET ETF (GREENWETF) which closed at N660.00 with a gain of 10.00%.

On the flip side FBN HOLDINGS PLC (FBNH) and N NIG. FLOUR MILLS PLC. (NNFM) topped the decliners log with a loss of -9.98% at a close of N27.50, and -9.96% to close the day at N35.25 respectively.

Top Gainers
SymbolLClose%Chg
FIDSON15.9510.00
GREENWETF660.0010.00
MEYER7.059.98
CAVERTON3.699.82
PZ17.359.81
Top Losers
SymbolLClose%Chg
FBNH27.50-9.98
NNFM35.25-9.96
NIDF101.60-9.93
FLOURMILL50.45-9.91
JOHNHOLT2.78-9.74

For more detailed analysis,

  • On InfoWARE Market Data Terminal <TOPG> <GO>
  • On InfoWARE Finance Mobile App ( Android, iPhone & iPad and Windows 10) , "Top Gainers & Losers"


Currency Market
In the currency market, the Naira fell 0.09%(-1.45) against the Dollar to settle at 1 to 1


Investment Insights - Top 5 Gainers YTD

These stocks are the best performers whose price has risen faster than the market as a whole with the best returns year to date. Momentum investors believe that stocks that have outperformed the market will often continue to do so because the factors that caused them to outperform will not suddenly disappear. In addition, other investors seeking to benefit from the stock’s outperformance will often purchase the stock, further bidding its price higher and pushing the stock higher still

NGX Top 5 Gainers YTD

For more detailed analysis,



NSE: Bull Signal - Price crossed above 15 Day MA

This signal implies these stocks are under buying pressure and the price might continue to rise and therefore positions should be monitored closely. Further suggested analysis include looking at the overall market (ASI) to see if the uptrend is market wide, sector wide or specific to the stock. Portfolio managers tend to use this as a signal to do more research to add to their positions or lock in some profits. Typically further analysis should be done using commands like PC and RV on the InfoWARE Market Data Terminal. Another command is ALERTS to set price triggers for possible exit or entry as necessary

For more detailed analysis,

  • On InfoWARE Market Data Terminal <NSEPERF> <GO>
  • On InfoWARE Finance Mobile App ( Android , iPhone & iPad and Windows 10) , "Top Gainers & Losers"
SymbolPrice%Chg15DMAPEEPSDivYMktCapVolTradesValueLstTradeTime
FG162029S1100.0060.0062.000.0066.74B50.00K4.0042.75M20-Sep-2024 14:30:28.603
NSLTECH0.677.460.650.000.0014.713.77B493.46K19.00323.10K20-Sep-2024 14:30:22.753
DEAPCAP0.997.070.98145.530.0117.861.49B1.67M37.001.64M20-Sep-2024 14:30:20.277
MANSARD5.406.855.2421.690.246.6048.60B11.30M71.0060.74M20-Sep-2024 14:30:21.763
CWG5.855.985.540.000.002.9114.77B2.30M52.0013.33M20-Sep-2024 14:30:20.173
CORNERST2.514.382.476.940.356.5645.60B988.35K17.002.42M20-Sep-2024 14:30:53.240
FTNCOCOA1.693.551.660.000.001.736.59B362.16K37.00607.89K20-Sep-2024 14:30:20.960
ZENITHBANK37.902.3737.452.7613.302.721,189.93B14.37M438.00532.46M20-Sep-2024 14:30:57.010
NGXINS415.252.34411.0310.412.090.000.0042.84M450.0092.68M20-Sep-2024 14:30:32.803
MAYBAKER7.101.417.0751.570.144.2912.25B264.53K22.001.87M20-Sep-2024 14:30:21.837
STANBICETF30520.000.02516.270.000.0045.008.0024.66K20-Sep-2024 14:30:53.837


NSE: BEAR Signal - Price crossed below 15 Day MA

This signal implies these stocks are under selling pressure and the price might continue to slide and therefore positions should be monitored closely. Further suggested analysis include looking at the overall market (ASI) to see if the downtrend is market wide, sector wide or specific to the stock. If the overal market trend is upwards, then since these stocks are heading in the opposite direction, then further analysis should be done using commands like PC and RV on the InfoWARE Market Data Terminal. Another command is ALERTS to set price triggers for possible exit is necessar

For more detailed analysis,

SymbolPrice%Chg15DMAPEEPSDivYMktCapVolTradesValueLstTradeTime
VERITASKAP1.38-2.901.4257.720.023.5219.14B2.60M70.003.62M20-Sep-2024 14:30:24.720
NGXSOVBND624.30-3.72645.320.000.000.000.0050.02K5.0042.76M20-Sep-2024 14:30:33.120
CONHALLPLC1.41-4.961.4444.100.033.2915.09B223.85K20.00318.79K20-Sep-2024 14:30:19.907
STERLINGNG4.01-5.994.0213.410.303.75115.45B5.85M138.0024.69M20-Sep-2024 14:30:53.413
FG152028S153.00-88.6895.930.0050.66B20.001.0010.60K20-Sep-2024 14:30:28.583


Economic Indicators - Nigeria FX Reserves Vs ASI Chart

Nigeria FX Reserves are assets held on reserve by CBN in foreign currencies. These reserves are used to back liabilities and influence monetary policy. Given the nature of the Nigeria economy, FX Reserves can appear to have an outsize influence on the economy and hence on the capital market. The chart below allows comparison of FX Reserves against the ASI to make investment decisions

Economic Indicators - Nigeria FX Reserves Vs ASI Chart

For more detailed analysis,



Market Trend - ASI (NGX All-Share-Index) With 50 & 200 Day MAvgs Chart

Technical traders typically use the 50 & 200 day moving averages to aid in choosing where to enter or exit a position, which then causes these levels to act as strong support or resistance. As a general guideline, if the price is above a moving average, the trend is up. If the price is below a moving average, the trend is down.
It is important to note that critics of technical analysis say that moving averages act as support and resistance because so many traders use these indicators to inform their trading decisions. Also moving averages tend to work quite well in strong trending conditions but poorly in choppy or ranging conditions.
Trading Strategies: Crossovers
Crossovers are one of the main moving average strategies. The first type is a price crossover, which is when the price crosses above or below a moving average to signal a potential change in trend. Another strategy is to apply two moving averages to a chart: one longer and one shorter. When the shorter-term MA crosses above the longer-term MA, it is a buy signal, as it indicates that the trend is shifting up. This is known as a golden cross. Meanwhile, when the shorter-term MA crosses below the longer-term MA, it is a sell signal, as it indicates that the trend is shifting down. This is known as a dead/death cross

ASI (NGX All-Share-Index) With 50 & 200 Day MAvgs

For more detailed analysis,



Unusual Volume: Volume traded is more than double the 90 day moving average (All exchanges; ASI & ASem). For more detailed analysis,

SymbolNameVolume90DAvgVol%VolChgPriceLClose%ChgTradesValue
FBNHFBN HOLDINGS PLC151.90M23.89M535.9227.5030.55-9.988214.37B
JAPAULGOLDJAPAUL GOLD & VENTURES PLC150.08M16.31M820.132.692.507.60103392.96M
UACNU A C N PLC.26.03M4.39M493.0121.9522.20-1.13149537.92M
MANSARDMANSARD INSURANCE PLC11.30M2.46M359.125.405.037.367160.74M
FIDSONFIDSON HEALTHCARE PLC7.15M285.83K2,403.1715.9514.5010.00239113.93M


Investment Insights - High Div. Stocks

Dividend stocks distribute a portion of the company earnings to investors on a regular basis and they can a great choice for investors looking for regular income. As an investment or trading strategy, high dividend yield equities provide annual cash payments as against mostly capital gains in the price of a stock. The list in the table below represent the highest dividend paying stocks from the list of the most liquid stocks in the NSE top 30.

Top 10 high dividend yield stocks

For more detailed analysis,



Investment Insights - Stocks outperforming the ASI but with approximately the same risk

These list of stocks represent equities that are less risky than the ASI but doing better than the ASI (All Shares Index) using the YTD (Year to Date) returns as the measure. The risk is measured by Beta. Beta is an assessment of a stock's tendency to undergo price changes, (its volatility), as well as its potential returns compared to the ASI. It is expressed as a ratio, where a score of 1 represents performance comparable to the ASI, and returns above or below the market may receive scores greater or lower than 1.


For a full list of both positively and negatively corelated stocks visit InfoWARE Market Data Terminal

SymbolDivYieldPEEPSBeta%ChgYTDASIYTDReturnBetaDiff
SOVRENINS5.0020.960.030.9934.8829.290.01
FLOURMILL3.1658.420.980.9052.4229.290.10
UNIVINSURE0.000.000.000.8934.6229.290.11
DEAPCAP17.86145.530.010.8757.1429.290.13
MAYBAKER4.2951.570.140.8235.2429.290.18
NAHCO7.3484.320.410.7936.2229.290.21
CAVERTON3.271.951.570.7688.2729.290.24
CORNERST6.566.940.350.7667.3329.290.25
LIVESTOCK4.170.000.000.7545.3529.290.25
UACN1.029.172.350.7355.6729.290.27


Chart of the day: OPEC Basket Price Vs ASI (365 Day Chart)

The OPEC basket is a weighted average of oil prices from the different OPEC members around the world. The basket is a benchmark, or reference point, for those monitoring the price of oil and the stability of the global oil market. Today, the OPEC basket averages the prices from Algeria, Angola, Ecuador, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela. These fourteen countries represent the membership of OPEC. Many other countries throughout the world also produce oil. However, they are not OPEC members. Russia, the U.S., China, and Canada are all major oil producers but not OPEC members. OPEC?s member countries produce in total 40 percent of the world?s oil. (Definition Source: Investopedia.com)


For a full list of both positively and negatively corelated stocks visit InfoWARE Market Data Terminal

OPEC Basket Price Vs ASI (365 Day Chart)

For more detailed analysis,


African Markets
NameLCloseChange%Chg
BRVM Stock Exchange262.100.080.03
Botswana Stock Exchange9,651.2525.990.27
Egyptian Exchange30,342.46183.970.61
Ghana Stock Exchange4,442.52-60.79-1.35
Johannesburg Stock Exchange82,718.56-315.53-0.38
Lusaka Stock Exchange15,901.111.590.01
Casablanca Stock Exchange14,088.0489.590.64
Malawi Stock Exchange142,704.48-731.52-0.51
Nigeria Stock Exchange98,230.92547.030.56
Nairobi Securities Exchange107.270.710.67
Namibian Stock Exchange1,813.42-0.54-0.03
Rwanda Stock Exchange145.530.060.04
Tunis Stock Exchange9,751.68-9.76-0.10
Uganda Securities Exchange1,067.188.050.76
Nigeria Market Indexes
SymbolLClose%ChgWTD%MTD%QTD%YTD%MktCapTrades
ASI98,247.990.250.581.50-1.7729.298,510
NGX303,648.860.210.631.63-1.6628.534,711
NGXAFRBVI1,993.230.781.150.096.14-3.041,485
NGXAFRHDYI13,353.160.691.601.8924.8580.601,514
NGXASEM1,583.710.000.000.005.26147.636
NGXBNK911.43-0.24-0.185.189.881.932,078
NGXCG2,331.060.030.134.644.485.124,690
NGXCNSMRGDS1,567.17-0.38-1.69-0.14-0.8039.26952
NGXGROWTH4,908.50-5.41-4.94-11.48-12.02-16.4553
NGXINDUSTR3,849.410.01-0.12-0.19-18.0338.95364
NGXINS415.252.392.410.107.5727.90450
NGXLOTUSISLM6,314.290.42-0.130.060.4034.98840
NGXMAINBOARD4,836.750.260.840.873.1436.206,039
NGXMERIGRW5,229.880.943.102.2314.0013.691,295
NGXMERIVAL7,230.47-0.47-1.100.123.8236.872,472
NGXOILGAS1,927.590.410.641.8133.8184.13205
NGXPENBRD1,708.540.260.261.24-3.5228.446,902
NGXPENSION3,935.100.320.963.584.9319.915,263
NGXPREMIUM8,952.760.240.112.91-9.2623.572,418
NGXSOVBND624.30-3.59-3.59-3.38-18.50-17.835

For more detailed analysis,

  • On InfoWARE Market Data Terminal <MKTINS> <GO>
  • On InfoWARE Finance Mobile App ( Android, iPhone & iPad and Windows 10) , "Market Indexes"

Find the topic interesting? Will like to comment? Contact Us at solutions@infowarelimited.com

Professional &Institutional Investors: Bloomberg costing you too much? of InfoWARE Market Data Terminal; The Bloomberg replacement for PAN Africa!

Top News

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (26-Sep-2024 15:09:19.914)

INFOWARE TERMINAL
26-Sep-2024 15:09:19.000

InfoWARE Analyst Daily Market Report (26-Sep-2024 15:09:15.584)

INFOWARE TERMINAL
26-Sep-2024 15:09:15.000

[ENAMELWA]>>Corporate Disclosures-<NIGERIAN ENAMELWARE PLC.>

NGX
26-Sep-2024 13:35:06.000

[XNSA]>> NGX FIXED INCOME INDICATIVE PRICE LIST FOR SEPTEMBER 26, 2024, OPENING

NGX
26-Sep-2024 12:21:50.000

[XNSA]>> CORDROS MILESTONE FUNDS' BID & OFFER PRICES

NGX
26-Sep-2024 11:48:10.000

[XNSA]>> EMERGING AFRICA DAILY MUTUAL FUND PRICES

NGX
26-Sep-2024 11:22:54.000

[MERGROWTH]>> DAILY INDICATIVE PRICES

NGX
26-Sep-2024 10:37:11.000

[VSPBONDETF]>> DAILY INDICATIVE PRICES

NGX
26-Sep-2024 10:37:11.000

[SEPLAT]>>Notice of Meeting -<SEPLAT ENERGY PLC>

NGX
26-Sep-2024 09:30:05.000

[XNSA]>> CLOSING GONG CEREMONY AND FACTS BEHIND THE FIGURES BY C&I LEASING PLC

NGX
26-Sep-2024 09:29:07.000

[XNSA]>> CIS: 28TH ANNUAL STOCKBROKERS' CONFERENCE

NGX
26-Sep-2024 09:28:10.000

[XNSA]>> CIS EXECUTIVE CAPACITY DEVELOPMENT ON THE NIGERIAN CAPITAL MARKET ON TH

NGX
26-Sep-2024 09:22:56.000

[STANBIC]>>Corporate Disclosures-<STANBIC IBTC HOLDINGS PLC>

NGX
26-Sep-2024 09:01:15.000

[CILEASING]>>Corporate Disclosures-<C AND I LEASING PLC.>

NGX
26-Sep-2024 09:01:15.000

[XNSA]>> NOTIFICATION OF PRICE ADJUSTMENT

NGX
26-Sep-2024 08:43:36.000

[LOTUSHAL15]>> DAILY INDICATIVE PRICES

NGX
26-Sep-2024 08:43:36.000

[XNSA]>> CHANGE OF COMPANY NAME

NGX
26-Sep-2024 08:43:36.000

[UNILEVER]>>Corporate Disclosures-<UNILEVER NIGERIA PLC.>

NGX
25-Sep-2024 14:20:15.000

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (25-Sep-2024 15:08:24.903)

INFOWARE TERMINAL
25-Sep-2024 15:08:24.000

InfoWARE Analyst Daily Market Report (25-Sep-2024 15:08:20.588)

INFOWARE TERMINAL
25-Sep-2024 15:08:20.000

[XNSA]>> CORDROS MILESTONE FUNDS' BID & OFFER PRICES

NGX
25-Sep-2024 12:29:52.000

[XNSA]>> EMERGING AFRICA DAILY MUTUAL FUND PRICES

NGX
25-Sep-2024 12:29:42.000

[AIRTELAFRI]>>Corporate Disclosures-<Airtel Africa Plc>

NGX
25-Sep-2024 12:25:04.000

[VSPBONDETF]>> DAILY INDICATIVE PRICES

NGX
25-Sep-2024 10:31:41.000

[LOTUSHAL15]>> DAILY INDICATIVE PRICES

NGX
25-Sep-2024 10:31:41.000

[STANBIC]>>Corporate Disclosures-<STANBIC IBTC HOLDINGS PLC>

NGX
25-Sep-2024 09:55:04.000

[XNSA]>> NGX FIXED INCOME INDICATIVE PRICE LIST FOR SEP 25, 2024, OPENING QUOTES

NGX
25-Sep-2024 09:42:07.000

[MERVALUE]>> DAILY INDICATIVE PRICES

NGX
25-Sep-2024 09:37:25.000

[XNSA]>> CLOSING GONG CEREMONY AND FACTS BEHIND THE FIGURES BY C&I LEASING PLC

NGX
25-Sep-2024 09:29:07.000

[XNSA]>> CIS: 28TH ANNUAL STOCKBROKERS' CONFERENCE

NGX
25-Sep-2024 09:28:10.000
Get IDIA - the stock trading app for the modern investor
Company
Contacts
  • 8th Floor,
  • South Atlantic Petroleum Towers,
  • 1 Adeola Odeku Street,
  • Victoria Island,
  • Lagos, Nigeria.

  • Email: solutions@infowarelimited.com
Follow Us
 
facebook twitter skype youtube
Market data may be delayed up to 15 minutes