InfoWARE Analyst Daily Market Report (05-Oct-2022 16:26:34.346)

InfoWARE Analyst Daily Market Report (05-Oct-2022 16:26:34.346)
(Source: InfoWARE Terminal, Date: 05-Oct-2022)

Dear Investor,

InfoWARE Analyst Daily Market Report - 05-Oct-2022 16:26:34.342

The Nigerian equities market recorded another down day, as the NGX All-Share Index (NGXASI) closed the day down by -0.09%, to bring the Year-to-Date returns up 13.50%. The All Share Index closed at 48,836.70 against the previous close of 48,879.74, volume traded decreased by -21.87% from 173.46M to 135.52M, while market turnover (the total value of shares traded) decreased by -7.12% from NGN2.39B to NGN2.22B in 4,041.00 deals.
Market breadth (0.38x) signified Fifteen (15) advancers, as against Thirty-nine (39) decliners. Volume was up for 64 companies and down for 81

MULTIVERSE PLC (MULTIVERSE) topped the advancers list closing at N4.45 with a gain of 9.88% followed by RED STAR EXPRESS PLC (REDSTAREX) which closed at N2.32 with a gain of 9.43%.

On the flip side CADBURY NIGERIA PLC. (CADBURY) and N NIG. FLOUR MILLS PLC. (NNFM) topped the decliners log with a loss of -9.93% at a close of N12.25, and -9.33% to close the day at N6.80 respectively.

Top Gainers

Symbol	LClose	%Chg
MULTIVERSE	4.45	9.88
REDSTAREX	2.32	9.43
SOVRENINS	0.27	8.00
JAPAULGOLD	0.28	7.69
CHIPLC	0.57	7.55

Top Losers

Symbol	LClose	%Chg
CADBURY	12.25	-9.93
NNFM	6.80	-9.33
PZ	8.40	-9.19
CORNERST	0.51	-8.93
LOTUSHAL15	13.50	-7.85

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 0.05%(0.23) against the Dollar to settle at 432.35 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
BUACEMENT	52.00	0.00	51.95	0.00	0.00	5.00	1,760.95B	10.06K	29.00	473.45K	05-Oct-2022 14:28:19.710
NGXINDUSTR	1,773.17	0.00	1,772.86	39.90	18.97	0.00	0.00	1.80M	196.00	26.55M	05-Oct-2022 14:29:16.250

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
SIAMLETF40	58.00	-3.45	58.67			0.00	0.00	1.00K	1.00	58.00K	05-Oct-2022 14:29:48.283
STANBIC	29.00	-3.45	29.57	3.65	8.23	5.00	375.75B	570.75K	58.00	16.62M	05-Oct-2022 14:28:39.377
STERLNBANK	1.48	-4.73	1.51	5.19	0.30	6.45	42.61B	9.94M	53.00	15.24M	05-Oct-2022 14:28:39.747
UNITYBNK	0.41	-7.32	0.43	8.86	0.05	11.36	4.79B	259.75K	8.00	107.65K	05-Oct-2022 14:28:43.253
LOTUSHAL15	13.50	-8.52	13.58			0.00	0.00	101.00	2.00	1.36K	05-Oct-2022 14:29:47.947
CADBURY	12.25	-11.02	12.90	21.23	0.64	3.68	23.01B	702.11K	33.00	8.61M	05-Oct-2022 14:28:20.050

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
CHAMS	CHAMS PLC	25.50M	2.94M	766.62	0.29	0.29	0.00	64	7.40M
OANDO	OANDO PLC	6.96M	2.38M	192.01	4.62	4.70	-1.70	132	31.82M
SOVRENINS	SOVEREIGN TRUST INSURANCE PLC	3.35M	913.23K	266.91	0.27	0.25	8.00	8	897.51K
AFRIPRUD	AFRICA PRUDENTIAL REGISTRARS PLC	1.24M	344.92K	258.26	5.00	5.20	-3.85	69	6.20M
CADBURY	CADBURY NIGERIA PLC.	702.11K	264.25K	165.70	12.25	13.60	-9.93	33	8.61M

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
UACN	6.34	4.37	2.35	-0.71	13.89	13.50	0.29
WEMABANK	6.96	87.02	0.04	0.64	308.86	13.50	0.36
JAIZBANK	4.44	31.14	0.03	0.62	55.17	13.50	0.38
MULTIVERSE	0.25	0.00	0.00	-0.56	2,125.00	13.50	0.44
NAHCO	7.45	13.40	0.41	0.55	52.78	13.50	0.45
CADBURY	3.68	21.23	0.64	0.53	39.20	13.50	0.47
COURTVILLE	8.70	15.49	0.03	0.51	21.05	13.50	0.49
LEARNAFRCA	10.75	3.67	0.51	0.46	58.97	13.50	0.54
OKOMUOIL	3.72	33.44	5.63	0.44	32.61	13.50	0.56
SEPLAT	0.85	5.88	212.70	0.39	92.31	13.50	0.61

Chart of the day: OPEC Basket Price Vs ASI (365 Day Chart)

The OPEC basket is a weighted average of oil prices from the different OPEC members around the world. The basket is a benchmark, or reference point, for those monitoring the price of oil and the stability of the global oil market. Today, the OPEC basket averages the prices from Algeria, Angola, Ecuador, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela. These fourteen countries represent the membership of OPEC. Many other countries throughout the world also produce oil. However, they are not OPEC members. Russia, the U.S., China, and Canada are all major oil producers but not OPEC members. OPEC?s member countries produce in total 40 percent of the world?s oil. (Definition Source: Investopedia.com)

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)

OPEC Basket Price Vs ASI (365 Day Chart)

For more detailed analysis,

On InfoWARE Market Data Terminal <OVA> <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
MULTIVERSE	4.45	9.88	9.88	9.88	9.88	9.88	2,125.00
REDSTAREX	2.32	9.43	9.43	9.43	9.43	9.43	-32.75
SOVRENINS	0.27	8.00	8.00	8.00	8.00	8.00	-3.57
JAPAULGOLD	0.28	7.69	7.69	7.69	7.69	7.69	-30.00
CHIPLC	0.57	7.55	7.55	7.55	7.55	7.55	-22.97
UCAP	10.80	3.85	3.85	3.85	3.85	3.85	8.54
AIICO	0.57	3.64	3.64	3.64	3.64	3.64	-20.83
HONYFLOUR	2.31	1.76	1.76	1.76	1.76	1.76	-32.06
IKEJAHOTEL	1.13	0.89	0.89	0.89	0.89	0.89	-7.38
UBA	6.80	0.74	0.74	0.74	0.74	0.74	-15.53

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
CADBURY	12.25	-9.93	-9.93	-9.93	-9.93	-9.93	39.20
NNFM	6.80	-9.33	-9.33	-9.33	-9.33	-9.33	-5.56
PZ	8.40	-9.19	-9.19	-9.19	-9.19	-9.19	37.70
CORNERST	0.51	-8.93	-8.93	-8.93	-8.93	-8.93	2.00
UNITYBNK	0.41	-6.82	-6.82	-6.82	-6.82	-6.82	-21.15
WEMABANK	3.23	-6.38	-6.38	-6.38	-6.38	-6.38	308.86
FCMB	3.13	-4.86	-4.86	-4.86	-4.86	-4.86	9.82
STERLNBANK	1.48	-4.52	-4.52	-4.52	-4.52	-4.52	-3.27
AFRIPRUD	5.00	-3.85	-3.85	-3.85	-3.85	-3.85	-20.63
FTNCOCOA	0.27	-3.57	-3.57	-3.57	-3.57	-3.57	-30.77

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	202.77	-0.35	-0.17
Botswana Stock Exchange	7,416.30	9.63	0.13
Egyptian Exchange	9,923.81	238.26	2.46
Ghana Stock Exchange	2,461.52	1.48	0.06
Johannesburg Stock Exchange	66,312.81	2,087.33	3.25
Lusaka Stock Exchange	7,323.10	-19.09	-0.26
Casablanca Stock Exchange	11,617.87	31.28	0.27
Malawi Stock Exchange	54,363.49	0.00	0.00
Nairobi Securities Exchange	126.66	-1.25	-0.98
Namibian Stock Exchange	1,499.06	31.70	2.16
Rwanda Stock Exchange	147.52	0.00	0.00
Tunis Stock Exchange	8,241.61	-63.12	-0.76
Uganda Securities Exchange	1,260.94	6.02	0.48

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	MktCap	Trades
ASI	48,836.70	-0.09	-0.09	-0.09	-0.09	13.50	26,600.04B	4,041
NGX30	1,736.47	-0.16	-0.16	-0.16	-0.16	-0.28	23,783.24B	2,821
NGXAFRBVI	801.90	-1.44	-1.44	-1.44	-1.44	-23.27	2,080.22B	1,464
NGXAFRHDYI	2,837.20	-0.23	-0.23	-0.23	-0.23	11.95	6,107.49B	1,683
NGXASEM	658.99	0.00	0.00	0.00	0.00	-1.74	1.36B	0
NGXBNK	365.77	-0.98	-0.98	-0.98	-0.98	-10.28	1,709.39B	990
NGXCG	1,156.26	-0.55	-0.55	-0.55	-0.55	-9.55	3,915.53B	2,680
NGXCNSMRGDS	581.29	-0.18	-0.18	-0.18	-0.18	-0.44	3,261.64B	495
NGXGROWTH	1,659.11	0.00	0.00	0.00	0.00	30.67	9.70B	2
NGXINDUSTR	1,773.17	0.00	0.00	0.00	0.00	-14.25	6,265.46B	196
NGXINS	169.66	0.21	0.21	0.21	0.21	-13.99	115.67B	139
NGXLOTUSISLM	3,039.72	0.00	0.00	0.00	0.00	0.17	19,900.13B	554
NGXMAINBOARD	2,246.86	-0.07	-0.07	-0.07	-0.07	26.76	15,759.97B	2,818
NGXMERIGRW	2,105.48	-0.57	-0.57	-0.57	-0.57	16.84	6,485.42B	1,186
NGXMERIVAL	1,985.88	-0.73	-0.73	-0.73	-0.73	-6.83	505.39B	983
NGXOILGAS	505.15	-0.27	-0.27	-0.27	-0.27	47.15	898.94B	232
NGXPENSION	1,624.31	-0.61	-0.61	-0.61	-0.61	0.09	4,915.55B	2,956
NGXPREMIUM	4,410.46	-0.12	-0.12	-0.12	-0.12	5.82	10,822.99B	1,221
NGXSOVBND	837.85	0.00	0.00	0.00	0.00	-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"