InfoWARE Analyst Daily Market Report (26-Sep-2022 16:32:02.274)

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

Symbol	LClose	%Chg
MULTIVERSE	3.10	9.93
FCMB	3.50	8.02
UBN	6.20	7.83
JAPAULGOLD	0.29	7.41
NGXGROUP	18.00	5.88

Top Losers

Symbol	LClose	%Chg
ACADEMY	1.53	-10.00
NEM	4.91	-8.91
NEIMETH	1.43	-8.33
CHAMPION	3.40	-7.86
CHAMS	0.25	-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

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
FCMB	3.50	7.43	3.29	37.97	0.09	6.17	69.31B	20.01M	126.00	69.43M	26-Sep-2022 14:28:32.047
UBN	6.20	7.26	5.82	7.73	0.74	4.35	180.55B	1.30M	42.00	8.10M	26-Sep-2022 14:28:47.750
JAPAULGOLD	0.29	6.90	0.28	0.02	12.01	7.41	1.82B	2.52M	29.00	718.29K	26-Sep-2022 14:28:35.667
FGSUK2025S2	103.00	2.72	100.39			0.00	0.00	800.00	3.00	894.00K	26-Sep-2022 14:29:14.697
ZENITHBANK	20.00	0.25	19.92	1.50	13.30	1.50	627.93B	8.87M	319.00	177.13M	26-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,

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
FGSUK2031S4	101.00	-4.95	102.10			0.00	0.00	50.00	1.00	50.50K	26-Sep-2022 14:29:14.960
NEM	4.91	-9.78	5.31	14.64	0.37	4.08	24.63B	357.09K	16.00	1.78M	26-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

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
COURTVILLE	COURTEVILLE BUSINESS SOLUTIONS PLC	24.36M	3.29M	641.12	0.45	0.45	0.00	11	10.96M
FCMB	FCMB GROUP PLC.	20.01M	1.64M	1,118.48	3.50	3.24	8.02	126	69.43M
BUACEMENT	BUA CEMENT PLC	943.03K	406.84K	131.79	50.45	47.85	5.43	108	45.65M
CADBURY	CADBURY NIGERIA PLC.	888.96K	256.78K	246.19	11.85	11.85	0.00	66	10.57M
VITAFOAM	VITAFOAM NIG PLC.	831.59K	400.47K	107.65	21.50	22.45	-4.23	61	17.24M

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.

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
JAIZBANK	5.13	26.99	0.03	0.70	27.59	14.39	0.30
MULTIVERSE	0.35	0.00	0.00	-0.63	1,450.00	14.39	0.37
COURTVILLE	8.89	15.16	0.03	0.62	18.42	14.39	0.38
NAHCO	7.13	14.01	0.41	0.55	59.72	14.39	0.45
WEMABANK	6.94	87.27	0.04	0.54	337.97	14.39	0.46
CADBURY	4.22	18.50	0.64	0.51	34.66	14.39	0.49
LEARNAFRCA	10.75	3.67	0.51	0.49	58.97	14.39	0.51
OKOMUOIL	3.72	33.44	5.63	0.44	32.61	14.39	0.56
UCAP	13.39	11.98	0.93	0.44	15.08	14.39	0.56
ROYALEX	4.90	0.00	0.00	-0.42	20.00	14.39	0.58

Top ASI Gainers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgMTD	%ChgQTD	%ChgYTD
MULTIVERSE	3.10	9.93	9.93	18.32	47.62	1,450.00
RTBRISCOE	0.36	9.09	2.86	2.86	-18.18	80.00
FCMB	3.50	8.36	8.02	9.38	1.16	22.81
UBN	6.20	7.83	7.83	10.71	0.81	6.90
ACCESSCORP	8.80	6.02	0.00	3.53	-6.38	-4.86
CORNERST	0.56	3.70	0.00	-18.84	-25.33	12.00
JAPAULGOLD	0.29	3.57	7.41	-12.12	0.00	-27.50
VITAFOAM	21.50	2.38	-4.23	-8.90	-4.44	6.17
UCAP	11.45	2.23	2.23	-4.58	-10.55	15.08
FIDELITYBK	3.74	1.91	-1.06	12.31	13.33	46.67

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgMTD	%ChgQTD	%ChgYTD
CHAMS	0.25	-13.79	-7.41	-10.71	4.17	25.00
ACADEMY	1.53	-10.00	-10.00	-27.14	20.47	178.18
CWG	0.81	-10.00	0.00	-10.00	1.25	-27.68
BERGER	5.95	-9.85	0.00	-9.85	-13.14	-30.41
ETERNA	5.75	-9.45	0.00	-4.96	-19.01	13.86
NEM	4.91	-8.91	-8.91	-1.80	29.21	9.11
GUINNESS	75.85	-8.61	0.00	-13.71	-16.19	94.49
SUNUASSUR	0.32	-8.57	0.00	-8.57	-8.57	-21.95
NEIMETH	1.43	-8.33	-8.33	-8.33	-4.03	-24.34
CHAMPION	3.40	-7.86	-7.86	-11.69	-9.09	44.68

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

Name	LClose	Change	%Chg
BRVM Stock Exchange	206.84	-0.37	-0.18
Botswana Stock Exchange	7,387.46	0.74	0.01
Egyptian Exchange	9,895.04	-37.74	-0.38
Ghana Stock Exchange	2,488.21	-10.75	-0.43
Johannesburg Stock Exchange	63,416.66	-1,860.40	-2.85
Lusaka Stock Exchange	7,258.50	33.96	0.47
Casablanca Stock Exchange	12,259.05	8.58	0.07
Malawi Stock Exchange	54,397.73	0.00	0.00
Nairobi Securities Exchange	134.86	-0.09	-0.07
Namibian Stock Exchange	1,435.75	-56.25	-3.77
Rwanda Stock Exchange	147.59	0.00	0.00
Tunis Stock Exchange	8,192.23	36.70	0.45
Uganda Securities Exchange	1,244.60	45.10	3.76

Nigeria Market Indexes

Symbol	LClose	%Chg	MTD%	QTD%	YTD%	MktCap	Trades
ASI	49,218.35	0.39	-1.35	-5.04	14.39	26,532.30B	3,580
NGX30	1,754.28	0.46	-1.28	-7.11	0.75	24,010.80B	2,416
NGXAFRBVI	864.96	0.39	-2.86	-6.71	-17.24	2,243.81B	1,048
NGXAFRHDYI	2,977.47	0.67	-1.82	-6.78	17.49	6,422.57B	1,291
NGXASEM	658.99	0.00	0.00	0.00	-1.74	1.36B	0
NGXBNK	384.58	0.52	-0.30	-3.67	-5.66	1,797.31B	897
NGXCG	1,199.71	0.12	-1.49	-9.09	-6.15	4,055.28B	2,218
NGXCNSMRGDS	604.40	-0.11	0.55	-3.13	3.52	3,375.62B	551
NGXGROWTH	1,659.11	0.00	-0.88	11.20	30.67	9.70B	6
NGXINDUSTR	1,753.86	1.89	-2.27	-18.54	-15.19	6,197.23B	250
NGXINS	169.71	-2.61	-5.33	-5.99	-13.97	115.70B	180
NGXLOTUSISLM	3,057.23	0.48	-1.09	-5.97	0.74	20,014.74B	575
NGXMAINBOARD	2,261.84	0.70	-1.82	-0.55	27.60	15,589.70B	2,518
NGXMERIGRW	2,150.66	0.15	-2.95	-9.03	19.34	6,624.53B	872
NGXMERIVAL	2,091.42	0.34	0.46	-2.92	-1.88	532.25B	1,019
NGXOILGAS	505.54	-0.34	-5.30	-6.93	47.27	899.64B	154
NGXPENSION	1,685.10	0.20	-0.96	-7.67	3.84	5,107.46B	2,671
NGXPREMIUM	4,449.35	-0.05	-0.51	-9.72	6.75	10,925.53B	1,056
NGXSOVBND	837.85	0.00	-1.42	-1.92	-2.68	938.57B	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"