InfoWARE AI Analyst Daily Market Report: 10-Apr-2025

InfoWARE AI Analyst Daily Market Report: 10-Apr-2025
(Source: InfoWARE Terminal, Date: 10-Apr-2025)

Dear Investor,

Market Summary for April 10, 2025

The Nigerian Stock Exchange (NGX) experienced a positive trading day, with the All Share Index (ASI) rising by 0.58% to close at 104,187.00. Year-to-date, the ASI has returned 1.56%. Despite a decrease in market turnover by 20.51% to 9.04 billion Naira, market breadth remained strong with 47 advancers compared to 13 decliners, indicating a healthy buying interest in the market.

Key Highlights:

Market Breadth: The market breadth was 3.62x, with 47 stocks advancing and 13 declining.
Top Gainer: CAVERTON OFFSHORE SUPPORT GRP PLC (CAVERTON) surged 10.00% to close at 2.31.
Top Loser: NEIMETH INTERNATIONAL PHARMACEUTICALS PLC (NEIMETH) fell 9.92% to close at 2.88.

Insights and Predictions:

Turnover Analysis: The decrease in market turnover may indicate a cautious sentiment among investors, potentially leading to volatility in the coming days.
Advancing vs. Declining Stocks: The strong ratio of advancing stocks suggests bullish momentum, which could continue if market conditions remain favorable.
Unusual Volume Movements: Stocks like ELLAH LAKES PLC and CUSTODIAN AND ALLIED PLC showed significant volume spikes, indicating potential trading opportunities.
YTD Trends: Notable overlaps in the YTD top gainers and losers indicate that while some stocks are performing well, others are struggling, suggesting a selective investment approach may be prudent.

Contrarian Signals:

Despite a -9.8% YTD performance, CHAMPION BREW. PLC shows a bullish MACD and an RSI of 54.4, indicating potential for a rebound.

Sector Heatmaps:

Sector	Performance	Institutional Activity	Retail Activity
Banking	+1.5%	High	Moderate
Pharmaceuticals	-2.3%	Low	High
Energy	+3.0%	Moderate	Low

Dividend-Beta Matrix:

Stock	Dividend Yield	Beta
AFRIPRUD	1.27%	0.64
NEIMETH	0.02%	1.38

Institutional Clustering Alerts:

ZENITHBANK has seen a significant institutional trade value share of 20.17%, indicating strong institutional interest.

High Dividend Yield Stocks:

Stocks like AFRIPRUD with a yield of 1.27% and a low beta of 0.64 present defensive opportunities for investors.

Trading Suggestions:

Monitor stocks with bullish momentum, particularly those crossing above their 15-day moving averages.
Be cautious with stocks showing bearish momentum, especially those with RSI below 30.
Consider the implications of unusual volume in stocks like ELLAH LAKES PLC for potential trading opportunities.

Market Activity Summary:

Retail investors accounted for 86.18% of trade count but only 12.07% of trade value, indicating a preference for lower-value trades. In contrast, institutional investors, while only 13.82% of trade count, represented 87.93% of trade value, suggesting a focus on larger transactions.

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
VFDGROUP	72.60	27.27	9.92	27.27	53.76	53.76	79.73
UNIONDICON	6.35	19.83	9.45	19.83	31.13	31.13	-3.47
NSLTECH	0.52	15.56	0.00	15.56	-5.45	-5.45	-24.64
TIP	4.00	12.99	8.75	12.99	6.62	6.62	74.00
LIVESTOCK	8.03	11.78	1.62	11.78	2.00	2.00	84.20
UNIVINSURE	0.50	10.42	6.00	10.42	-7.02	-7.02	-26.39
STANBICETF30	315.00	9.84	9.84	9.84	-10.00	-10.00	-6.23
NEIMETH	2.62	9.51	9.92	9.51	6.67	6.67	14.74
OANDO	40.50	9.26	1.98	9.26	-9.63	-9.63	-37.23
HONYFLOUR	10.15	8.44	8.87	8.44	-6.36	-6.36	59.68

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
NEWGOLD	46,999.96	-18.90	-15.11	-18.90	-16.87	-16.87	37.10
LINKASSURE	1.15	-12.21	0.00	-12.21	-12.21	-12.21	-10.85
ABCTRANS	1.40	-10.00	-10.00	-10.00	-10.00	-10.00	2.44
HMCALL	5.22	-10.00	0.00	-10.00	-10.00	-10.00	7.19
LEARNAFRCA	2.97	-10.00	0.00	-10.00	-1.00	-1.00	-34.00
UHOMREIT	46.15	-9.95	0.00	-9.95	-9.95	-9.95	26.09
ETERNA	35.85	-9.90	-9.90	-9.90	-9.90	-9.90	32.92
PZ	30.10	-9.88	0.00	-9.88	-18.87	-18.87	23.87
UNILEVER	34.70	-9.75	0.00	-9.75	-9.75	-9.75	-3.61
TANTALIZER	2.32	-9.23	1.72	-9.23	-18.62	-18.62	4.89

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"

CAVERTON OFFSHORE SUPPORT GRP PLC (CAVERTON) topped the advancers list closing at N2.31 with a gain of 10.00% followed by NEIMETH INTERNATIONAL PHARMACEUTICALS PLC (NEIMETH) which closed at N2.88 with a gain of 9.92%.

On the flip side NEWGOLD EXCHANGE TRADED FUND (ETF) (NEWGOLD) and ASSOCIATED BUS COMPANY PLC (ABCTRANS) topped the decliners log with a loss of -15.11% at a close of N39,900.00, and -10.00% to close the day at N1.26 respectively.

Top Gainers

Symbol	LClose	%Chg
CAVERTON	2.31	10.00
NEIMETH	2.88	9.92
VFDGROUP	79.80	9.92
STANBICETF30	346.00	9.84
VERITASKAP	1.03	9.57

Top Losers

Symbol	LClose	%Chg
NEWGOLD	39,900.00	-15.11
ABCTRANS	1.26	-10.00
ETERNA	32.30	-9.90
MERGROWTH	360.00	-7.57
CAP	43.50	-7.45

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 0.98%(-15.14) against the Dollar to settle at 1 to 1

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
NEIMETH	2.88	9.03	2.84	125.52	0.02	3.38	12.31B	1.38M	68.00	3.72M	10-Apr-2025 14:30:41.450
FIDELITYBK	19.50	8.21	18.60	13.24	1.17	5.48	565.01B	32.46M	443.00	614.79M	10-Apr-2025 14:30:37.567
FTNCOCOA	1.73	8.09	1.68	0.00	0.00	1.60	6.75B	2.51M	61.00	4.27M	10-Apr-2025 14:30:37.747
TIP	4.35	8.05	4.04			0.00	3.87B	454.19K	22.00	1.97M	10-Apr-2025 14:31:39.483
UPDC	2.99	8.03	2.92	0.00	0.00	34.25	55.49B	2.00M	85.00	5.91M	10-Apr-2025 14:31:30.020
FG202029S5	103.59	6.63	97.18			0.00	0.00	53.00K	1.00	54.90M	10-Apr-2025 14:30:53.857
DAARCOMM	0.63	4.76	0.62	0.00	0.00	0.00	7.56B	246.79K	19.00	154.24K	10-Apr-2025 14:30:24.027
NAHCO	65.50	3.89	65.14	92.98	0.41	6.66	127.66B	604.45K	94.00	38.66M	10-Apr-2025 14:30:41.187
ZENITHBANK	49.20	3.86	47.46	3.33	13.30	2.25	1,544.71B	30.20M	685.00	1.47B	10-Apr-2025 14:31:38.780
INTBREW	5.15	2.91	5.10	0.00	0.00	6.23	138.34B	1.22M	63.00	6.23M	10-Apr-2025 14:30:39.310
NGXAFRBVI	2,593.98	2.31	2,583.31	3.14	35.50	0.00	0.00	147.14M	3,257.00	5.06B	10-Apr-2025 14:30:59.623
FCMB	9.40	1.60	9.37	104.31	0.09	5.62	186.15B	18.27M	245.00	169.71M	10-Apr-2025 14:31:29.643
WEMABANK	10.95	1.37	10.89	216.91	0.04	5.81	140.80B	3.69M	140.00	39.76M	10-Apr-2025 14:30:47.977

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
CHAMPION	3.85	-2.60	3.88	412.83	0.01	0.41	30.14B	1.87M	37.00	7.04M	10-Apr-2025 14:30:23.207
MERGROWTH	360.00	-8.19	380.57			0.00	0.00	35.00	3.00	12.78K	10-Apr-2025 14:31:31.183
NEWGOLD	39,900.00	-17.79	42,666.46	0.00	0.00	0.00	0.00	27.00	2.00	1.08M	10-Apr-2025 14:31:31.260

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
ELLAHLAKES	ELLAH LAKES PLC.	44.24M	8.77M	404.35	3.00	2.95	1.69	56	132.76M
MBENEFIT	MUTUAL BENEFITS ASSURANCE PLC.	11.94M	3.42M	248.93	0.94	0.86	9.30	63	11.20M
CUSTODIAN	CUSTODIAN AND ALLIED PLC	10.47M	2.25M	365.29	17.00	17.20	-1.16	147	178.85M
OMATEK	OMATEK VENTURES PLC	6.42M	1.78M	261.57	0.57	0.53	7.55	53	3.54M
MTNN	MTN NIGERIA PLC	6.02M	2.06M	192.60	245.00	245.00	0.00	398	1.39B

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"

African Markets

Name	LClose	Change	%Chg
BRVM Stock Exchange	287.76	-0.17	-0.06
Botswana Stock Exchange	10,113.04	2.02	0.02
Egyptian Exchange	30,648.98	194.91	0.64
Ghana Stock Exchange	6,101.34	1.22	0.02
Lusaka Stock Exchange	16,398.46	47.42	0.29
Casablanca Stock Exchange	16,479.06	219.50	1.35
Malawi Stock Exchange	295,507.99	3,677.07	1.26
Nigeria Stock Exchange	104,376.73	156.33	0.15
Nairobi Securities Exchange	126.88	-2.25	-1.74
Rwanda Stock Exchange	149.01	0.00	0.00
Uganda Securities Exchange	1,315.17	7.45	0.57

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	104,788.25	0.58	0.55	-0.72	-0.72	1.56	11,020
NGX30	3,890.73	0.55	0.54	-0.73	-0.73	1.99	6,410
NGXAFRBVI	2,593.98	2.36	3.52	-2.60	-2.60	4.56	3,257
NGXAFRHDYI	16,351.15	2.55	3.12	-1.76	-1.76	-3.97	2,894
NGXASEM	1,588.92	0.00	0.00	0.06	0.06	0.33	7
NGXBNK	1,130.73	2.65	2.91	-2.59	-2.59	3.98	3,334
NGXCG	2,944.93	1.98	2.31	-2.18	-2.18	4.09	6,492
NGXCNSMRGDS	1,788.41	0.59	0.19	-1.50	-1.50	3.12	1,000
NGXCOMMDTY	1,002.53	0.00	0.00	-0.10	-0.10	0.25
NGXGROWTH	7,414.09	0.39	0.63	0.30	0.30	-4.49	54
NGXINDUSTR	3,475.41	-0.03	-0.19	-0.42	-0.42	-2.69	494
NGXINS	626.17	2.69	1.15	-7.96	-7.96	-20.35	835
NGXLOTUSISLM	7,484.98	0.29	-0.37	-0.92	-0.92	7.42	1,227
NGXMAINBOARD	5,026.90	0.60	0.32	-0.68	-0.68	0.46	7,878
NGXMERIGRW	6,782.24	3.00	2.12	-1.13	-1.13	3.97	1,340
NGXMERIVAL	10,138.64	0.96	2.48	-1.50	-1.50	-2.80	3,709
NGXOILGAS	2,428.16	0.08	0.59	-0.75	-0.75	-10.44	241
NGXPENBRD	1,874.75	0.54	0.43	-0.74	-0.74	2.35	9,032
NGXPENSION	4,721.66	1.52	1.33	-1.36	-1.36	4.14	7,030
NGXPREMIUM	10,093.27	0.54	0.97	-0.71	-0.71	3.70	3,088
NGXSOVBND	649.33	3.48	3.46	3.58	3.58	7.94	8

For more detailed analysis,

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

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