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InfoWARE Analyst Daily Market Report (26-Sep-2022 16:32:02.274)
(Source: InfoWARE Terminal, Date: 26-Sep-2022)
Dear Investor,
InfoWARE Analyst Daily Market Report - 26-Sep-2022 16:32:02.271

The Nigerian equities market recorded another up day, as the NGX All-Share Index (NGXASI) closed the day up by 0.39%, to bring the Year-to-Date returns up 14.39%. The All Share Index closed at 49,218.35 against the previous close of 49,026.62, volume traded decreased by -29.49% from 169.18M to 119.28M, while market turnover (the total value of shares traded) decreased by -73.22% from NGN3.19B to NGN854.76M in 3,580.00 deals.
Market breadth (1.18x) signified Twenty-six (26) advancers, as against Twenty-two (22) decliners. Volume was up for 61 companies and down for 73


MULTIVERSE PLC (MULTIVERSE) topped the advancers list closing at N3.10 with a gain of 9.93% followed by FCMB GROUP PLC. (FCMB) which closed at N3.50 with a gain of 8.02%.

On the flip side ACADEMY PRESS PLC. (ACADEMY) and N.E.M INSURANCE CO (NIG) PLC. (NEM) topped the decliners log with a loss of -10.00% at a close of N1.53, and -8.91% to close the day at N4.91 respectively.

Top Gainers
SymbolLClose%Chg
MULTIVERSE3.109.93
FCMB3.508.02
UBN6.207.83
JAPAULGOLD0.297.41
NGXGROUP18.005.88
Top Losers
SymbolLClose%Chg
ACADEMY1.53-10.00
NEM4.91-8.91
NEIMETH1.43-8.33
CHAMPION3.40-7.86
CHAMS0.25-7.41

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 1.56%(-6.70) sharply against the Dollar to settle at 437.25 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
FCMB3.507.433.2937.970.096.1769.31B20.01M126.0069.43M26-Sep-2022 14:28:32.047
UBN6.207.265.827.730.744.35180.55B1.30M42.008.10M26-Sep-2022 14:28:47.750
JAPAULGOLD0.296.900.280.0212.017.411.82B2.52M29.00718.29K26-Sep-2022 14:28:35.667
FGSUK2025S2103.002.72100.390.000.00800.003.00894.00K26-Sep-2022 14:29:14.697
ZENITHBANK20.000.2519.921.5013.301.50627.93B8.87M319.00177.13M26-Sep-2022 14:29:51.893


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
FGSUK2031S4101.00-4.95102.100.000.0050.001.0050.50K26-Sep-2022 14:29:14.960
NEM4.91-9.785.3114.640.374.0824.63B357.09K16.001.78M26-Sep-2022 14:28:40.457


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
COURTVILLECOURTEVILLE BUSINESS SOLUTIONS PLC24.36M3.29M641.120.450.450.001110.96M
FCMBFCMB GROUP PLC.20.01M1.64M1,118.483.503.248.0212669.43M
BUACEMENTBUA CEMENT PLC943.03K406.84K131.7950.4547.855.4310845.65M
CADBURYCADBURY NIGERIA PLC.888.96K256.78K246.1911.8511.850.006610.57M
VITAFOAMVITAFOAM NIG PLC.831.59K400.47K107.6521.5022.45-4.236117.24M


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
JAIZBANK5.1326.990.030.7027.5914.390.30
MULTIVERSE0.350.000.00-0.631,450.0014.390.37
COURTVILLE8.8915.160.030.6218.4214.390.38
NAHCO7.1314.010.410.5559.7214.390.45
WEMABANK6.9487.270.040.54337.9714.390.46
CADBURY4.2218.500.640.5134.6614.390.49
LEARNAFRCA10.753.670.510.4958.9714.390.51
OKOMUOIL3.7233.445.630.4432.6114.390.56
UCAP13.3911.980.930.4415.0814.390.56
ROYALEX4.900.000.00-0.4220.0014.390.58


Top ASI Gainers Over Last 5 Trading Days
SymbolPrice%Chg5Dys%Chg1Dy%ChgWTD%ChgMTD%ChgQTD%ChgYTD
MULTIVERSE3.109.939.930.0018.3247.621,450.00
RTBRISCOE0.369.092.860.002.86-18.1880.00
FCMB3.508.368.020.009.381.1622.81
UBN6.207.837.830.0010.710.816.90
ACCESSCORP8.806.020.000.003.53-6.38-4.86
CORNERST0.563.700.000.00-18.84-25.3312.00
JAPAULGOLD0.293.577.410.00-12.120.00-27.50
VITAFOAM21.502.38-4.230.00-8.90-4.446.17
UCAP11.452.232.230.00-4.58-10.5515.08
FIDELITYBK3.741.91-1.060.0012.3113.3346.67
Top ASI Losers Over Last 5 Trading Days
SymbolPrice%Chg5Dys%Chg1Dy%ChgWTD%ChgMTD%ChgQTD%ChgYTD
CHAMS0.25-13.79-7.410.00-10.714.1725.00
ACADEMY1.53-10.00-10.000.00-27.1420.47178.18
CWG0.81-10.000.000.00-10.001.25-27.68
BERGER5.95-9.850.000.00-9.85-13.14-30.41
ETERNA5.75-9.450.000.00-4.96-19.0113.86
NEM4.91-8.91-8.910.00-1.8029.219.11
GUINNESS75.85-8.610.000.00-13.71-16.1994.49
SUNUASSUR0.32-8.570.000.00-8.57-8.57-21.95
NEIMETH1.43-8.33-8.330.00-8.33-4.03-24.34
CHAMPION3.40-7.86-7.860.00-11.69-9.0944.68

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
NameLCloseChange%Chg
BRVM Stock Exchange206.84-0.37-0.18
Botswana Stock Exchange7,387.460.740.01
Egyptian Exchange9,895.04-37.74-0.38
Ghana Stock Exchange2,488.21-10.75-0.43
Johannesburg Stock Exchange63,416.66-1,860.40-2.85
Lusaka Stock Exchange7,258.5033.960.47
Casablanca Stock Exchange12,259.058.580.07
Malawi Stock Exchange54,397.730.000.00
Nairobi Securities Exchange134.86-0.09-0.07
Namibian Stock Exchange1,435.75-56.25-3.77
Rwanda Stock Exchange147.590.000.00
Tunis Stock Exchange8,192.2336.700.45
Uganda Securities Exchange1,244.6045.103.76
Nigeria Market Indexes
SymbolLClose%ChgWTD%MTD%QTD%YTD%MktCapTrades
ASI49,218.350.390.00-1.35-5.0414.3926,532.30B3,580
NGX301,754.280.460.00-1.28-7.110.7524,010.80B2,416
NGXAFRBVI864.960.390.00-2.86-6.71-17.242,243.81B1,048
NGXAFRHDYI2,977.470.670.00-1.82-6.7817.496,422.57B1,291
NGXASEM658.990.000.000.000.00-1.741.36B0
NGXBNK384.580.520.00-0.30-3.67-5.661,797.31B897
NGXCG1,199.710.120.00-1.49-9.09-6.154,055.28B2,218
NGXCNSMRGDS604.40-0.110.000.55-3.133.523,375.62B551
NGXGROWTH1,659.110.000.00-0.8811.2030.679.70B6
NGXINDUSTR1,753.861.890.00-2.27-18.54-15.196,197.23B250
NGXINS169.71-2.610.00-5.33-5.99-13.97115.70B180
NGXLOTUSISLM3,057.230.480.00-1.09-5.970.7420,014.74B575
NGXMAINBOARD2,261.840.700.00-1.82-0.5527.6015,589.70B2,518
NGXMERIGRW2,150.660.150.00-2.95-9.0319.346,624.53B872
NGXMERIVAL2,091.420.340.000.46-2.92-1.88532.25B1,019
NGXOILGAS505.54-0.340.00-5.30-6.9347.27899.64B154
NGXPENSION1,685.100.200.00-0.96-7.673.845,107.46B2,671
NGXPREMIUM4,449.35-0.050.00-0.51-9.726.7510,925.53B1,056
NGXSOVBND837.850.000.00-1.42-1.92-2.68938.57B0

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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