InfoWARE AI Analyst Daily Market Report: 04-Apr-2025

InfoWARE AI Analyst Daily Market Report: 04-Apr-2025
(Source: InfoWARE Terminal, Date: 04-Apr-2025)

Dear Investor,

NGX Market Summary - Friday, March 28, 2025

The NGX All-Share Index edged up 0.23% to 105,426.12 despite negative market breadth (25 advancers vs 37 decliners). Year-to-date returns held at 2.41% as turnover surged 47% to ?12.83B, signaling institutional accumulation. The currency market saw the Naira weaken marginally to ?1,537/$.

Key Trends & Movements

Market Breadth: Bearish 0.68x ratio with 71 stocks seeing volume declines vs 65 gainers
Top Performer: ABBEYBDS (+10%) hit new highs with RSI 98.4 (extremely overbought)
Biggest Loser: UPDC (-10%) despite bullish MACD crossover and RSI 55.7 (neutral)

Technical Crosscurrents

Stock	RSI	MACD Signal	15D/50D MA
MBENEFIT	100	Bullish	? 0.71/0.64
AFRIPRUD	22.5	Bearish	? 27.83/29.14

Contrarian Signals

ROYALEX: +8.25% gain with RSI 64.2 (neutral) despite -4.55% YTD
VETGOODS: -9.09% today but 4.65% YTD gain and RSI 26.4 (oversold)

Sector Heatmap

Sector	Performance	Institutional Focus
Banking	? 1.7%	72% of institutional value
Insurance	? 5.2%	High retail participation

Dividend-Beta Matrix

Stock	Yield	Beta
AFRIPRUD	1.27%	0.64
ROYALEX	7.81%	0.96

Institutional Clustering

GTCO: 25.86% of institutional value traded (?5.19B)
ZENITHBANK: 20.17% institutional trade share despite sector weakness

Trader's Playbook

Opportunity: Mean reversion in oversold consumer staples (CADBURY, RSI 43.3)
Caution: Profit-taking in overextended insurers (MBENEFIT RSI 100)
Hedge: High-yield/low-beta stocks like AFRIPRUD for defense

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
NGXGROUP	30.00	11.90	8.17	11.90	11.90	11.90	19.08
DAARCOMM	0.65	10.00	1.54	10.00	10.00	10.00	-2.94
LEARNAFRCA	3.00	10.00	10.00	10.00	10.00	10.00	-26.67
VFDGROUP	51.90	9.83	9.83	9.83	9.83	9.83	28.38
UNIONDICON	5.30	9.43	9.43	9.43	9.43	9.43	-19.44
SMURFIT	0.39	7.69	7.69	7.69	7.69	7.69	110.00
RTBRISCOE	2.40	7.14	0.00	7.14	7.14	7.14	-12.73
TRANSCOHOT	145.00	7.13	0.00	7.13	7.13	7.13	25.00
CAVERTON	2.31	6.90	7.36	6.90	6.90	6.90	-2.75
AFRIPRUD	15.75	5.23	-4.13	5.23	5.23	5.23	-33.19

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
VSPBONDETF	260.00	-21.96	-26.46	-21.96	-21.96	-21.96	-45.37
TANTALIZER	2.72	-10.34	-4.41	-10.34	-10.34	-10.34	15.56
PZ	33.40	-9.97	0.00	-9.97	-9.97	-9.97	37.45
MBENEFIT	0.97	-9.35	0.00	-9.35	-9.35	-9.35	59.02
UACN	29.00	-9.23	0.00	-9.23	-9.23	-9.23	-11.99
NSLTECH	0.50	-9.09	0.00	-9.09	-9.09	-9.09	-27.54
STANBICETF30	385.00	-8.96	-9.09	-8.96	-8.96	-8.96	-5.15
UNIVINSURE	0.55	-8.77	-5.45	-8.77	-8.77	-8.77	-27.78
MAYBAKER	8.60	-8.72	-8.72	-8.72	-8.72	-8.72	-16.49
CHAMPION	3.77	-8.31	-0.53	-8.31	-8.31	-8.31	-1.57

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"

NEWGOLD EXCHANGE TRADED FUND (ETF) (NEWGOLD) topped the advancers list closing at N49,399.00 with a gain of 23.50% followed by LEARN AFRICA PLC (LEARNAFRCA) which closed at N3.30 with a gain of 10.00%.

On the flip side VETIVA S & P NIGERIA SOVEREIGN BOND ETF (VSPBONDETF) and LASACO ASSURANCE PLC. (LASACO) topped the decliners log with a loss of -26.46% at a close of N191.21, and -10.00% to close the day at N2.34 respectively.

Top Gainers

Symbol	LClose	%Chg
NEWGOLD	49,399.00	23.50
LEARNAFRCA	3.30	10.00
LIVESTOCK	7.92	10.00
VFDGROUP	57.00	9.83
UNIONDICON	5.80	9.43

Top Losers

Symbol	LClose	%Chg
VSPBONDETF	191.21	-26.46
LASACO	2.34	-10.00
MANSARD	8.64	-10.00
STANBICETF30	350.00	-9.09
MAYBAKER	7.85	-8.72

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 0.01%(-0.16) 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
NEWGOLD	49,399.00	19.03	41,559.86	0.00	0.00	0.00	0.00	2.00	2.00	97.40K	04-Apr-2025 14:31:13.170
FGSUK2032S5	102.95	11.60	98.99			0.00	0.00	3.58K	5.00	3.61M	04-Apr-2025 14:30:43.360
LEARNAFRCA	3.30	9.09	3.21	5.79	0.51	8.53	2.55B	2.62M	82.00	8.03M	04-Apr-2025 14:30:26.193
NGXGROUP	32.45	7.55	30.28	0.00	0.00	2.73	63.74B	5.64M	50.00	174.13M	04-Apr-2025 14:30:30.260
CUTIX	2.46	6.50	2.43	8.81	0.26	6.52	8.67B	4.37M	63.00	10.23M	04-Apr-2025 14:30:24.273
CILEASING	3.90	4.36	3.89	6.50	0.64	1.20	3.05B	537.88K	30.00	2.06M	04-Apr-2025 14:30:23.907
ZENITHBANK	47.90	1.77	47.60	3.33	13.30	2.25	1,503.89B	22.86M	685.00	1.09B	04-Apr-2025 14:31:19.087
NGXMERIGRW	6,885.71	0.46	6,861.92	34.89	293.99	0.00	0.00	11.34M	1,103.00	455.93M	04-Apr-2025 14:30:45.203
FG152028S1	50.00	0.00	50.00			0.00	47.80B	0.00	0.00	0.00	04-Apr-2025 14:30:37.097
ASI	105,511.89	-0.01	105,495.96	11.84	457.69	0.00	0.00	340.02M	10,691.00	7.65B	04-Apr-2025 14:30:44.517

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
NGXGROWTH	7,386.81	-0.07	7,387.18	18.83	0.18	0.00	0.00	797.54K	57.00	2.74M	04-Apr-2025 14:30:44.960
GUINEAINS	0.63	-9.52	0.68	66.79	0.01	1.96	3.87B	5.50M	64.00	3.71M	04-Apr-2025 14:30:25.257
MAYBAKER	7.85	-9.55	8.38	58.94	0.14	3.75	13.54B	481.82K	34.00	3.89M	04-Apr-2025 14:30:26.370
STANBICETF30	350.00	-10.00	354.21			0.00	0.00	197.00	4.00	68.95K	04-Apr-2025 14:31:13.423
MANSARD	8.64	-11.11	9.00	31.16	0.24	4.59	77.76B	20.07M	236.00	178.60M	04-Apr-2025 14:30:26.340
VSPBONDETF	191.21	-35.98	219.13			0.00	0.00	133.00	3.00	32.52K	04-Apr-2025 14:31:14.383

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
UCAP	UNITED CAPITAL PLC	25.61M	10.90M	135.01	15.20	15.20	0.00	585	391.51M
FCMB	FCMB GROUP PLC.	24.15M	10.91M	121.45	9.05	9.10	-0.55	472	211.16M
MANSARD	MANSARD INSURANCE PLC	20.07M	2.76M	627.63	8.64	9.60	-10.00	236	178.60M
MBENEFIT	MUTUAL BENEFITS ASSURANCE PLC.	6.98M	2.50M	178.91	0.97	0.97	0.00	84	6.46M
NGXGROUP	NIGERIAN EXCHANGE GROUP	5.64M	1.01M	458.11	32.45	30.00	8.17	50	174.13M

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	63.58	2.26	0.01
FIDELITYBK	5.48	13.24	1.17	0.89	17.35	2.26	0.11
NB	3.79	16.95	1.60	0.79	6.25	2.26	0.21
UNILEVER	2.81	67.09	0.40	0.75	6.81	2.26	0.25
HMCALL	0.00	0.00	0.00	-0.74	19.10	2.26	0.26
VETGOODS	0.00			0.71	14.24	2.26	0.29
VETGRIF30	0.00			0.71	11.26	2.26	0.29
ABBEYBDS	1.43	0.00	0.00	0.70	57.67	2.26	0.30
NEM	6.52	24.99	0.37	0.69	12.50	2.26	0.31
TANTALIZER	1.50	0.00	0.00	0.69	15.56	2.26	0.31

African Markets

Name	LClose	Change	%Chg
BRVM Stock Exchange	287.43	2.00	0.70
Botswana Stock Exchange	10,078.72	0.00	0.00
Egyptian Exchange	32,026.14	282.52	0.89
Ghana Stock Exchange	6,217.90	-12.46	-0.20
Lusaka Stock Exchange	15,976.15	363.77	2.33
Casablanca Stock Exchange	17,756.02	165.35	0.94
Malawi Stock Exchange	291,644.54	-87.52	-0.03
Nigeria Stock Exchange	105,660.64	231.94	0.22
Nairobi Securities Exchange	130.81	0.40	0.31

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	105,511.89	-0.01	-0.03	-0.03	-0.03	2.26	10,691
NGX30	3,919.32	0.00	0.00	0.00	0.00	2.74	6,114
NGXAFRBVI	2,673.50	0.49	0.39	0.39	0.39	7.77	2,608
NGXAFRHDYI	16,598.41	-0.01	-0.27	-0.27	-0.27	-2.52	2,937
NGXASEM	1,588.92	0.06	0.06	0.06	0.06	0.33	5
NGXBNK	1,162.49	0.51	0.14	0.14	0.14	6.90	2,760
NGXCG	3,013.43	0.29	0.10	0.10	0.10	6.51	6,123
NGXCNSMRGDS	1,799.28	-0.24	-0.90	-0.90	-0.90	3.74	871
NGXCOMMDTY	1,003.58	0.00	0.00	0.00	0.00	0.36
NGXGROWTH	7,386.81	-0.07	-0.07	-0.07	-0.07	-4.84	57
NGXINDUSTR	3,482.27	0.01	-0.22	-0.22	-0.22	-2.50	618
NGXINS	669.69	-3.21	-1.56	-1.56	-1.56	-14.82	944
NGXLOTUSISLM	7,526.97	-0.08	-0.36	-0.36	-0.36	8.02	1,315
NGXMAINBOARD	5,062.40	-0.10	0.02	0.02	0.02	1.17	7,980
NGXMERIGRW	6,885.71	0.47	0.37	0.37	0.37	5.56	1,103
NGXMERIVAL	10,307.60	0.48	0.14	0.14	0.14	-1.18	3,597
NGXOILGAS	2,429.70	-0.50	-0.69	-0.69	-0.69	-10.38	154
NGXPENBRD	1,890.34	0.02	0.08	0.08	0.08	3.21	8,731
NGXPENSION	4,796.66	0.21	0.21	0.21	0.21	5.79	6,837
NGXPREMIUM	10,160.46	0.16	-0.05	-0.05	-0.05	4.39	2,654
NGXSOVBND	627.62	0.00	0.12	0.12	0.12	4.34	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"