InfoWARE AI Analyst Daily Market Report: 28-Mar-2025

InfoWARE AI Analyst Daily Market Report: 28-Mar-2025
(Source: InfoWARE Terminal, Date: 28-Mar-2025)

Dear Investor,

NGX Market Summary - Friday, March 28, 2025

The NGX All-Share Index eked out a 0.23% gain to close at 105,426.12, though market breadth remained weak at 0.68x with 25 advancers vs 37 decliners. Notably, turnover surged 47% to ?12.83B despite the tepid price action, suggesting institutional repositioning ahead of quarter-end.

Key Observations

Extreme Momentum: ABBEYBDS (+10%) shows RSI 97.4 (severely overbought) while AFRIPRUD (-10%) sits at RSI 23.8 (oversold)
Volume Anomaly: MBENEFIT saw 14,794% surge vs 90D avg volume amid 72% YTD gains
Institutional Focus: Banks dominated institutional flows (72% of value) with GTCO capturing 26% of institutional trade value

Contrarian Signals

Stock	YTD %	RSI	MACD Signal	Comment
ROYALEX	-4.55%	59.5	Bullish Crossover	Div yield 7.8% with improving technicals
CADBURY	+45.6%	60.4	Bearish MACD	EPS 0.64 vs PE 33.25 suggests rich valuation

Sector Heatmap

Sector	Performance	Institutional Activity	Technical Trend
Banking	?1.2%	72% of value	Mixed (GTCO bullish vs ZENITHBANK bearish)
Insurance	?3.8%	18% of volume	Overbought (MBENEFIT RSI 100)

Dividend-Beta Matrix

Stock	Yield	Beta	Opportunity
AFRIPRUD	1.27%	0.64	Defensive play
DANGSUGAR	4.27%	1.35	High risk income

Institutional Clustering

ZENITHBANK shows concentrated institutional interest with 20.17% trade value share despite -1.7% price decline, suggesting potential accumulation.

Trader's Playbook

Opportunity: Mean reversion in AFRIPRUD (RSI 23.8, -59% MTD)
Caution: Profit-taking risk in ABBEYBDS (RSI 97.4, 57% YTD)
Pairs Trade: Long GTCO (RSI 64)/Short ZENITHBANK (RSI 48)

Market Activity Insights

Metric	Retail	Institutional
Trade Count	86.96%	13.04%
Value Contribution	6.6%	93.4%

Notable Divergence: While retail traders focused on low-price stocks like UNIVINSURE (?0.60), institutions drove GTCO's 7.08% rally with ?4.57B in trades.

Disclaimer: This market summary has been generated using InfoWARE's advanced AI tools and data analysis techniques. While every effort has been made to ensure accuracy and reliability, this content should be used for informational purposes only and should not constitute financial advice. Always consult a professional advisor before making investment decisions.

Top ASI Gainers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
MBENEFIT	0.96	43.84	9.38	43.84	72.13	72.13	72.13
VSPBONDETF	250.00	31.58	0.00	31.58	37.36	-28.57	-28.57
SUNUASSUR	6.50	22.02	2.31	22.02	25.24	-42.92	-42.92
ETRANZACT	5.75	19.79	0.00	19.79	-11.54	-11.54	-11.54
ABBEYBDS	4.30	19.75	10.00	19.75	31.39	57.67	57.67
ROYALEX	0.97	19.32	8.25	19.32	23.53	-4.55	-4.55
GTCO	64.25	10.97	7.08	10.97	14.19	20.70	20.70
NEM	13.50	10.66	0.00	10.66	3.05	12.50	12.50
NNFM	79.80	9.96	9.96	9.96	20.95	99.89	99.89
LEARNAFRCA	3.32	9.93	0.00	9.93	-8.54	-26.22	-26.22

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
AFRIPRUD	14.50	-14.71	-10.00	-14.71	-59.28	-42.26	-42.26
JOHNHOLT	7.74	-10.00	0.00	-10.00	-10.00	-0.64	-0.64
UHOMREIT	51.25	-9.93	0.00	-9.93	15.82	40.03	40.03
ABCTRANS	1.38	-9.80	0.00	-9.80	-11.54	12.20	12.20
VETGOODS	19.80	-9.09	-9.09	-9.09	-4.00	4.65	4.65
UPDCREIT	6.05	-9.09	-9.09	-9.09	-12.70	0.92	0.92
OANDO	48.10	-8.77	0.52	-8.77	-19.01	-26.52	-26.52
WAPIC	2.25	-8.40	-3.11	-8.40	-16.15	-11.74	-11.74
DANGSUGAR	34.50	-8.06	-4.06	-8.06	-17.25	1.85	1.85
CUSTODIAN	19.50	-6.70	0.00	-6.70	2.36	14.04	14.04

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"

ABBEY BUILDING SOCIETY PLC (ABBEYBDS) topped the advancers list closing at N4.73 with a gain of 10.00% followed by UPDC PLC (UPDC) which closed at N2.97 with a gain of 10.00%.

On the flip side AFRICA PRUDENTIAL REGISTRARS PLC (AFRIPRUD) and INTERNATIONAL ENERGY INSURANCE COMPANY PLC (INTENEGINS) topped the decliners log with a loss of -10.00% at a close of N13.05, and -10.00% to close the day at N1.62 respectively.

Top Gainers

Symbol	LClose	%Chg
ABBEYBDS	4.73	10.00
UPDC	2.97	10.00
NNFM	87.75	9.96
MBENEFIT	1.05	9.38
ROYALEX	1.05	8.25

Top Losers

Symbol	LClose	%Chg
AFRIPRUD	13.05	-10.00
INTENEGINS	1.62	-10.00
CADBURY	23.55	-9.42
UPDCREIT	5.50	-9.09
VETGOODS	18.00	-9.09

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 0.40%(-6.09) 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

For more detailed analysis,

On InfoWARE Market Data Terminal <T5YTD2> <GO>
On InfoWARE Finance Mobile App ( Android , iPhone & iPad and Windows 10) , "Research"

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"

Symbol	Price	%Chg	15DMA	PE	EPS	DivY	MktCap	Vol	Trades	Value	LstTradeTime
UPDC	2.97	9.09	2.83	0.00	0.00	34.25	55.12B	1.66M	61.00	4.92M	28-Mar-2025 14:30:36.860
FGSUK2032S5	102.80	6.61	101.00			0.00	0.00	1.80K	3.00	1.62M	28-Mar-2025 14:30:54.373
NAHCO	66.90	6.58	63.20	92.98	0.41	6.66	130.39B	3.08M	224.00	206.27M	28-Mar-2025 14:30:33.053
TOTAL	679.70	6.28	639.85	123.83	5.44	3.71	230.77B	162.53K	69.00	109.07M	28-Mar-2025 14:30:35.900
CHAMS	2.16	5.56	2.11	27.02	0.07	1.56	10.14B	4.89M	90.00	10.44M	28-Mar-2025 14:31:25.250
MRS	174.90	4.46	171.61	26.62	4.96	1.79	59.97B	411.69K	178.00	70.30M	28-Mar-2025 14:30:32.780
DEAPCAP	0.96	4.17	0.94	188.84	0.01	13.76	1.44B	3.32M	52.00	2.96M	28-Mar-2025 14:30:31.043
MERGROWTH	390.00	2.56	385.93			0.00	0.00	70.00	2.00	26.62K	28-Mar-2025 14:31:32.500
NGXAFRHDYI	16,758.62	1.30	16,622.74	7.46	39.30	0.00	0.00	188.37M	3,523.00	6.76B	28-Mar-2025 14:30:55.893
NGXMAINBOARD	5,068.76	0.37	5,060.23	12.90	225.05	0.00	0.00	451.82M	9,259.00	10.13B	28-Mar-2025 14:30:56.493
NGX30	3,922.34	0.25	3,917.86	575.61	329.08	0.00	0.00	214.80M	6,914.00	11.34B	28-Mar-2025 14:30:55.820
NGXPENBRD	1,890.00	0.23	1,887.53	348.78	389.18	0.00	0.00	442.36M	9,967.00	12.41B	28-Mar-2025 14:30:56.633
ASI	105,670.36	0.23	105,649.01	11.84	457.69	0.00	0.00	526.66M	12,609.00	12.83B	28-Mar-2025 14:30:55.767

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,

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

Symbol	Price	%Chg	15DMA	PE	EPS	DivY	MktCap	Vol	Trades	Value	LstTradeTime
FGS202768	100.00	0.00	100.00			0.00	0.00	0.00	0.00	0.00	28-Mar-2025 14:30:53.497
HONYFLOUR	12.35	-1.62	12.46	16.28	0.31	1.40	97.94B	2.42M	142.00	29.65M	28-Mar-2025 14:30:31.527
ZENITHBANK	47.00	-1.70	47.69	3.33	13.30	2.25	1,475.64B	23.20M	964.00	1.10B	28-Mar-2025 14:31:33.130
WEMABANK	10.70	-1.87	10.85	216.91	0.04	5.81	137.58B	14.93M	312.00	155.88M	28-Mar-2025 14:30:37.560
VERITASKAP	1.11	-3.60	1.12	48.77	0.02	4.17	15.39B	5.31M	70.00	6.04M	28-Mar-2025 14:30:37.060
VETGRIF30	39.50	-3.80	40.76			0.00	0.00	1.00K	4.00	39.85K	28-Mar-2025 14:31:32.760
FGSUK2027S3	76.00	-5.26	79.73			0.00	0.00	3.00	1.00	2.28K	28-Mar-2025 14:30:54.240
VETINDETF	40.00	-5.50	42.00			0.00	0.00	5.00	1.00	200.00	28-Mar-2025 14:31:32.773
LASACO	2.60	-5.77	2.70	21.56	0.11	4.05	4.77B	701.32K	28.00	1.82M	28-Mar-2025 14:30:31.997
NEIMETH	2.81	-6.76	2.91	125.52	0.02	3.38	12.01B	212.51K	26.00	607.57K	28-Mar-2025 14:30:33.520
LIVESTOCK	8.70	-8.28	9.28	0.00	0.00	2.94	26.10B	1.63M	128.00	14.37M	28-Mar-2025 14:31:25.410
RTBRISCOE	2.40	-8.33	2.50	0.00	0.00	4.35	2.82B	2.43M	28.00	5.94M	28-Mar-2025 14:30:35.207
VETGOODS	18.00	-10.00	19.65			0.00	0.00	5.00	1.00	90.00	28-Mar-2025 14:31:32.730
INTENEGINS	1.62	-11.11	1.75	0.52	2.85	3.40	2.08B	576.77K	7.00	943.11K	28-Mar-2025 14:30:31.700

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

For more detailed analysis,

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

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

For more detailed analysis,

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

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

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

Symbol	Name	Volume	90DAvgVol	%VolChg	Price	LClose	%Chg	Trades	Value
MBENEFIT	MUTUAL BENEFITS ASSURANCE PLC.	73.94M	496.45K	14,794.49	1.05	0.96	9.38	233	77.46M
CUTIX	CUTIX PLC.	72.03M	10.55M	582.78	2.50	2.49	0.40	83	179.10M
GTCO	GUARANTY TRUST HOLDING COMPANY PLC	67.85M	14.09M	381.65	68.80	64.25	7.08	1,085	4.57B
FIDELITYBK	FIDELITY BANK PLC	47.55M	20.26M	134.76	19.00	19.15	-0.78	457	904.25M
MANSARD	MANSARD INSURANCE PLC	13.95M	2.71M	414.71	8.60	9.05	-4.97	209	131.33M

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.

For more detailed analysis,

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

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

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

Symbol	DivYield	PE	EPS	Beta	%ChgYTD	ASIYTDReturn	BetaDiff
HONYFLOUR	1.40	16.28	0.31	0.99	78.47	2.41	0.01
FIDELITYBK	5.48	13.24	1.17	0.89	11.76	2.41	0.11
NB	3.79	16.95	1.60	0.79	6.56	2.41	0.21
UNILEVER	2.81	67.09	0.40	0.75	6.81	2.41	0.25
HMCALL	0.00	0.00	0.00	-0.74	20.53	2.41	0.26
VETGOODS	0.00			0.71	4.65	2.41	0.29
VETGRIF30	0.00			0.71	4.64	2.41	0.29
ABBEYBDS	1.43	0.00	0.00	0.70	57.67	2.41	0.30
NEM	6.52	24.99	0.37	0.69	12.50	2.41	0.31
TANTALIZER	1.50	0.00	0.00	0.69	28.89	2.41	0.31

African Markets

Name	LClose	Change	%Chg
BRVM Stock Exchange	284.48	1.36	0.48
Botswana Stock Exchange	10,067.48	1.01	0.01
Egyptian Exchange	31,933.76	256.59	0.81
Ghana Stock Exchange	6,126.08	-53.76	-0.87
Lusaka Stock Exchange	15,349.16	26.05	0.17
Casablanca Stock Exchange	17,858.90	237.88	1.35
Malawi Stock Exchange	291,645.26	-408.88	-0.14
Nigeria Stock Exchange	105,551.39	587.80	0.56
Nairobi Securities Exchange	129.75	-0.47	-0.36
Rwanda Stock Exchange	148.94	0.00	0.00
Uganda Securities Exchange	1,310.01	4.83	0.37

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	105,670.36	0.23	0.11	-1.66	2.41	2.41	12,609
NGX30	3,922.34	0.25	0.13	-1.68	2.82	2.82	6,914
NGXAFRBVI	2,646.53	2.03	2.15	1.60	6.68	6.68	3,724
NGXAFRHDYI	16,758.62	1.32	1.82	-1.51	-1.58	-1.58	3,523
NGXASEM	1,587.89	0.00	0.00	0.08	0.26	0.26	5
NGXBNK	1,159.99	1.28	1.76	0.72	6.67	6.67	3,669
NGXCG	3,009.51	0.99	1.32	0.27	6.37	6.37	7,464
NGXCNSMRGDS	1,815.85	0.21	0.26	-0.27	4.70	4.70	1,164
NGXGROWTH	7,401.79	-0.29	0.24	-6.05	-4.65	-4.65	133
NGXINDUSTR	3,489.87	0.00	0.02	-3.57	-2.29	-2.29	533
NGXINS	698.54	-1.28	3.43	-1.92	-11.15	-11.15	1,714
NGXLOTUSISLM	7,551.18	0.60	0.11	-2.05	8.37	8.37	1,391
NGXMAINBOARD	5,068.76	0.37	0.38	-1.23	1.30	1.30	9,259
NGXMERIGRW	6,930.25	-0.04	0.67	-3.40	6.24	6.24	1,411
NGXMERIVAL	10,274.99	0.01	-1.03	-4.50	-1.49	-1.49	3,871
NGXOILGAS	2,458.69	-0.02	-2.03	-4.42	-9.31	-9.31	371
NGXPENBRD	1,890.00	0.23	0.23	-1.52	3.19	3.19	9,967
NGXPENSION	4,785.90	0.75	0.81	-0.18	5.56	5.56	7,643
NGXPREMIUM	10,171.85	-0.03	-0.39	-2.44	4.51	4.51	3,217
NGXSOVBND	626.86	0.00	1.04	0.69	4.21	4.21	0

For more detailed analysis,

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