InfoWARE Analyst Daily Market Report (19-Jul-2022 15:38:32.607)

InfoWARE Analyst Daily Market Report (19-Jul-2022 15:38:32.607)
(Source: InfoWARE Terminal, Date: 19-Jul-2022)

Dear Investor,

InfoWARE Analyst Daily Market Report - 19-Jul-2022 15:38:32.593

The Nigerian equities market recorded another down day, as the NGX All-Share Index (NGXASI) closed the day down by -0.02%, to bring the Year-to-Date returns up 21.57%. The All Share Index closed at 52,308.88 against the previous close of 52,319.94, volume traded increased by 76.85% from 116.28M to 205.64M, while market turnover (the total value of shares traded) decreased by -19.57% from NGN3.47B to NGN2.79B in 4,127.00 deals.
Market breadth (1.00x) signified Twenty-six (26) advancers, as against Twenty-six (26) decliners. Volume was up for 79 companies and down for 58

R T BRISCOE PLC. (RTBRISCOE) topped the advancers list closing at N0.44 with a gain of 10.00% followed by GLAXO SMITHKLINE CONSUMER NIG. PLC. (GLAXOSMITH) which closed at N6.65 with a gain of 9.02%.

On the flip side MULTIVERSE PLC (MULTIVERSE) and JAPAUL GOLD & VENTURES PLC (JAPAULGOLD) topped the decliners log with a loss of -9.50% at a close of N1.62, and -7.41% to close the day at N0.25 respectively.

Top Gainers

Symbol	LClose	%Chg
RTBRISCOE	0.44	10.00
GLAXOSMITH	6.65	9.02
CORNERST	0.66	6.45
COURTVILLE	0.50	6.38
FTNCOCOA	0.35	6.06

Top Losers

Symbol	LClose	%Chg
MULTIVERSE	1.62	-9.50
JAPAULGOLD	0.25	-7.41
ACADEMY	1.86	-7.00
CAVERTON	1.28	-6.57
UPDC	1.19	-4.03

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 appreciated 2.27%(9.66) sharply against the Dollar to settle at 415.40 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
RTBRISCOE	0.44	9.09	0.40	0.00	0.00	25.00	517.60M	580.52K	15.00	249.90K	19-Jul-2022 14:30:09.620
GLAXOSMITH	6.65	8.27	6.26	10.53	0.58	7.38	7.95B	1.08M	50.00	7.14M	19-Jul-2022 14:29:58.777
COURTVILLE	0.50	6.00	0.48	15.83	0.03	8.51	1.78B	384.03K	13.00	189.21K	19-Jul-2022 14:29:53.677
FTNCOCOA	0.35	5.71	0.34	0.00	0.00	9.09	770.00M	451.72K	11.00	157.93K	19-Jul-2022 14:29:58.617
JAIZBANK	0.90	3.33	0.88	30.10	0.03	4.60	31.09B	3.46M	44.00	3.10M	19-Jul-2022 14:30:01.340
WAPCO	26.50	2.45	26.30	9.02	2.87	3.87	426.86B	1.38M	76.00	36.32M	19-Jul-2022 14:31:17.923
FBNH	11.20	1.79	11.07	4.72	2.33	3.18	402.03B	12.82M	150.00	140.50M	19-Jul-2022 14:31:17.400
UBA	7.50	0.67	7.46	1.84	4.05	10.74	256.50B	74.28M	204.00	556.84M	19-Jul-2022 14:31:17.793
DANGSUGAR	16.10	0.62	16.05	5.23	3.06	6.25	195.56B	456.50K	60.00	7.34M	19-Jul-2022 14:29:54.733
NGXPENSION	1,816.30	0.12	1,814.52	429.80	359.59	0.00	0.00	156.69M	3,051.00	2.66B	19-Jul-2022 14:30:50.270

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
ETI	10.60	0.00	10.64	2.08	5.10	5.94	194.51B	69.19K	26.00	715.88K	19-Jul-2022 14:29:56.160
UNILEVER	15.00	-3.33	15.24	39.02	0.40	3.23	86.18B	945.78K	42.00	14.20M	19-Jul-2022 14:30:13.343

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
UBA	UNITED BANK FOR AFRICA PLC	74.28M	14.20M	423.04	7.50	7.45	0.67	204	556.84M
AIICO	AIICO INSURANCE PLC.	14.10M	6.24M	126.09	0.62	0.60	3.33	40	8.90M
NEM	N.E.M INSURANCE CO (NIG) PLC.	1.18M	416.96K	183.92	3.40	3.47	-2.02	23	3.86M
ABCTRANS	ASSOCIATED BUS COMPANY PLC	1.03M	101.68K	910.03	0.30	0.30	0.00	4	308.10K
VETBANK	VETIVA BANKING ETF	139.69K	163.61	85,284.11	3.95	3.95	0.00	3	537.82K

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"

Top ASI Gainers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
RTBRISCOE	0.44	18.92	10.00	10.00	0.00	0.00	120.00
CORNERST	0.66	15.79	6.45	6.45	-12.00	-12.00	32.00
SEPLAT	1,430.50	10.00	0.00	0.00	10.00	10.00	120.08
GLAXOSMITH	6.65	9.02	9.02	9.02	2.31	2.31	11.76
FIDSON	10.14	7.76	2.42	2.42	-9.46	-9.46	63.02
WEMABANK	4.00	6.95	0.00	0.00	22.70	22.70	406.33
COURTVILLE	0.50	6.38	6.38	6.38	6.38	6.38	31.58
ETRANZACT	2.30	4.55	0.00	0.00	4.55	4.55	21.69
FBNH	11.20	2.75	1.82	1.82	-3.45	-3.45	-0.89
WAPCO	26.50	2.51	2.51	2.51	0.00	0.00	10.42

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
NAHCO	6.00	-27.71	0.00	0.00	-25.00	-25.00	66.67
ACADEMY	1.86	-15.84	-7.00	-7.00	46.46	46.46	238.18
MULTIVERSE	1.62	-10.99	-9.50	-9.50	-22.86	-22.86	710.00
CWG	0.81	-10.00	0.00	0.00	1.25	1.25	-27.68
HONYFLOUR	2.50	-9.09	0.00	0.00	-9.42	-9.42	-26.47
REGALINS	0.25	-7.41	0.00	0.00	-3.85	-3.85	-48.98
JAPAULGOLD	0.25	-7.41	-7.41	-7.41	-13.79	-13.79	-37.50
CAVERTON	1.28	-6.57	-6.57	-6.57	15.32	15.32	-20.00
UPDC	1.19	-5.56	-4.03	-4.03	15.53	15.53	3.48
CHIPLC	0.70	-5.41	-1.41	-1.41	-1.41	-1.41	-5.41

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"

African Markets

Name	LClose	Change	%Chg
BRVM Stock Exchange	208.36	1.08	0.52
Egyptian Exchange	8,867.94	94.75	1.08
Ghana Stock Exchange	2,464.13	0.00	0.00
Johannesburg Stock Exchange	67,016.13	1,926.65	2.96
Lusaka Stock Exchange	6,875.99	7.56	0.11
Casablanca Stock Exchange	11,868.30	36.68	0.31
Malawi Stock Exchange	50,568.99	634.17	1.27
Namibian Stock Exchange	1,472.77	40.95	2.86
Rwanda Stock Exchange	146.99	0.00	0.00
Tunis Stock Exchange	7,585.01	3.79	0.05
Uganda Securities Exchange	1,243.31	-7.13	-0.57

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	MktCap	Trades
ASI	52,308.88	-0.02	-0.02	0.92	0.92	21.57	28,208.08B	4,127
NGX30	1,898.79	-0.04	-0.04	0.54	0.54	9.05	26,006.38B	2,760
NGXAFRBVI	933.19	0.01	0.01	0.65	0.65	-10.71	2,420.79B	1,235
NGXAFRHDYI	3,183.96	0.15	0.15	-0.32	-0.32	25.63	6,921.04B	1,560
NGXASEM	658.99	0.00	0.00	0.00	0.00	-1.74	1.36B	0
NGXBNK	394.13	-0.41	-0.41	-1.28	-1.28	-3.32	1,841.95B	1,034
NGXCG	1,316.75	0.06	0.06	-0.22	-0.22	3.00	4,457.64B	2,853
NGXCNSMRGDS	608.54	-0.13	-0.13	-2.47	-2.47	4.23	3,414.52B	625
NGXGROWTH	1,492.06	0.00	0.00	0.00	0.00	17.52	8.73B	1
NGXINDUSTR	2,080.94	0.19	0.19	-3.35	-3.35	0.63	7,352.26B	240
NGXINS	173.18	0.86	0.86	-4.07	-4.07	-12.21	118.07B	136
NGXLOTUSISLM	3,254.05	-0.01	-0.01	0.08	0.08	7.23	21,303.29B	659
NGXMAINBOARD	2,330.47	-0.01	-0.01	2.47	2.47	31.47	16,071.95B	2,808
NGXMERIGRW	2,369.60	0.52	0.52	0.23	0.23	31.49	7,378.85B	1,238
NGXMERIVAL	2,143.22	0.11	0.11	-0.51	-0.51	0.55	545.32B	998
NGXOILGAS	567.25	0.79	0.79	4.43	4.43	65.24	1,009.45B	282
NGXPENSION	1,816.30	0.12	0.12	-0.49	-0.49	11.92	5,573.17B	3,051
NGXPREMIUM	4,876.19	-0.04	-0.04	-1.06	-1.06	17.00	12,120.03B	1,318
NGXSOVBND	852.25	0.00	0.00	-0.23	-0.23	-1.01	954.78B	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"