InfoWARE Analyst Daily Market Report (26-Jan-2023 15:04:16.189)

InfoWARE Analyst Daily Market Report (26-Jan-2023 15:04:16.189)
(Source: InfoWARE Terminal, Date: 26-Jan-2023)

Dear Investor,

InfoWARE Analyst Daily Market Report - 26-Jan-2023 15:04:16.187

The Nigerian equities market recorded another up day, as the NGX All-Share Index (NGXASI) closed the day up by 0.29%, to bring the Year-to-Date returns up 2.24%. The All Share Index closed at 52,752.96 against the previous close of 52,599.65, volume traded increased by 16.55% from 119.84M to 139.68M, while market turnover (the total value of shares traded) decreased by -24.84% from NGN2.69B to NGN2.02B in 3,549.00 deals.
Market breadth (3.23x) signified Forty-two (42) advancers, as against Thirteen (13) decliners. Volume was up for 76 companies and down for 70

GEREGU Power PLC (GEREGU) topped the advancers list closing at N147.40 with a gain of 10.00% followed by WAPIC INSURANCE PLC (WAPIC) which closed at N0.45 with a gain of 9.76%.

On the flip side R T BRISCOE PLC. (RTBRISCOE) and STANBIC IBTC ETF 30 (STANBICETF30) topped the decliners log with a loss of -9.09% at a close of N0.30, and -8.32% to close the day at N165.00 respectively.

Top Gainers

Symbol	LClose	%Chg
GEREGU	147.40	10.00
WAPIC	0.45	9.76
CHELLARAM	1.81	9.70
INTENEGINS	0.58	9.43
TRIPPLEG	0.96	9.09

Top Losers

Symbol	LClose	%Chg
RTBRISCOE	0.30	-9.09
STANBICETF30	165.00	-8.32
ROYALEX	0.78	-8.24
COURTVILLE	0.47	-7.84
LINKASSURE	0.48	-4.00

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 0.79%(3.62) against the Dollar to settle at 455.04 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
GEREGU	147.40	9.09	144.71	0.00	0.00	0.00	368.50B	1.63M	111.00	239.01M	26-Jan-2023 14:31:02.823
WAPIC	0.45	8.89	0.44	25.42	0.02	7.32	10.80B	305.14K	19.00	134.87K	26-Jan-2023 14:31:22.760
ACCESSCORP	9.40	4.26	9.08	3.20	2.81	2.22	334.13B	15.38M	145.00	141.38M	26-Jan-2023 14:32:36.150
FIDSON	9.75	2.56	9.55	14.76	0.64	5.26	22.38B	409.95K	31.00	3.97M	26-Jan-2023 14:31:02.200
FGSUK2027S3	91.00	1.10	90.37			0.00	0.00	5.50K	3.00	4.78M	26-Jan-2023 14:31:51.493
ZENITHBANK	24.70	0.81	24.61	1.84	13.30	1.22	775.49B	5.78M	204.00	142.09M	26-Jan-2023 14:32:34.370

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
DANGCEM	266.90	0.00	266.98	424.38	0.63	7.49	4,548.11B	25.91K	70.00	6.88M	26-Jan-2023 14:32:33.300
COURTVILLE	0.47	-8.51	0.49	17.18	0.03	7.84	1.67B	700.77K	6.00	329.41K	26-Jan-2023 14:30:57.847

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
MBENEFIT	MUTUAL BENEFITS ASSURANCE PLC.	6.85M	2.43M	181.89	0.36	0.35	2.86	52	2.39M
DANGSUGAR	DANGOTE SUGAR REFINERY PLC	6.69M	725.16K	822.88	16.90	17.00	-0.59	63	113.06M
UNILEVER	UNILEVER NIGERIA PLC.	4.77M	451.61K	956.74	13.10	13.05	0.38	116	62.40M
WEMABANK	WEMA BANK PLC.	4.44M	1.06M	318.24	4.00	4.00	0.00	66	17.75M
JAPAULGOLD	JAPAUL GOLD & VENTURES PLC	4.43M	2.14M	106.98	0.31	0.30	3.33	38	1.37M

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
CHELLARAM	1.81	23.97	9.70	23.97	-10.40	-10.40	-10.40
MBENEFIT	0.36	20.00	2.86	20.00	28.57	28.57	28.57
TRIPPLEG	0.96	20.00	9.09	20.00	21.52	21.52	21.52
INTENEGINS	0.58	18.37	9.43	18.37	52.63	52.63	52.63
UNILEVER	13.10	18.02	0.38	18.02	12.93	12.93	12.93
JAPAULGOLD	0.31	10.71	3.33	10.71	14.81	14.81	14.81
CILEASING	3.46	9.84	0.00	9.84	8.13	8.13	8.13
OKOMUOIL	181.10	9.76	0.00	9.76	9.76	9.76	9.76
ABCTRANS	0.34	9.68	0.00	9.68	36.00	36.00	36.00
UPDC	1.01	7.45	6.32	7.45	9.78	9.78	9.78

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
NB	41.95	-9.69	0.24	-9.69	2.32	2.32	2.32
THOMASWY	1.31	-9.66	0.00	-9.66	35.05	35.05	35.05
ROYALEX	0.78	-8.24	-8.24	-8.24	-25.00	-25.00	-25.00
IMG	7.00	-5.41	0.00	-5.41	-5.41	-5.41	-5.41
NGXGROUP	25.60	-5.19	3.64	-5.19	3.02	3.02	3.02
JAIZBANK	0.86	-4.44	0.00	-4.44	-4.44	-4.44	-4.44
CWG	0.90	-4.26	0.00	-4.26	-2.17	-2.17	-2.17
CHAMPION	4.80	-4.00	0.00	-4.00	-12.73	-12.73	-12.73
LINKASSURE	0.48	-4.00	-4.00	-4.00	20.00	20.00	20.00
AIICO	0.65	-2.99	1.56	-2.99	1.56	1.56	1.56

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	197.04	-0.34	-0.17
Botswana Stock Exchange	7,745.15	0.77	0.01
Egyptian Exchange	15,837.91	276.98	1.78
Ghana Stock Exchange	2,438.74	0.00	0.00
Johannesburg Stock Exchange	79,167.81	-166.60	-0.21
Lusaka Stock Exchange	7,225.70	-7.23	-0.10
Casablanca Stock Exchange	10,382.73	57.82	0.56
Nairobi Securities Exchange	121.96	-1.29	-1.05
Namibian Stock Exchange	1,760.22	8.23	0.47
Rwanda Stock Exchange	142.77	0.03	0.02
Tunis Stock Exchange	8,302.20	14.92	0.18

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	MktCap	Trades
ASI	52,752.96	0.29	0.18	2.24	2.24	2.24	28,733.12B	3,549
NGX30	1,904.11	0.15	0.24	2.69	2.69	2.69	27,097.61B	2,380
NGXAFRBVI	1,043.54	1.29	1.67	3.08	3.08	3.08	2,552.01B	712
NGXAFRHDYI	3,469.30	0.26	0.50	3.68	3.68	3.68	6,792.05B	912
NGXASEM	659.42	0.00	0.00	0.00	0.00	0.00	1.36B	0
NGXBNK	446.16	1.58	1.56	4.16	4.16	4.16	2,085.08B	765
NGXCG	1,340.61	0.66	0.38	3.93	3.93	3.93	4,197.27B	2,292
NGXCNSMRGDS	624.12	0.05	-0.83	2.30	2.30	2.30	3,501.93B	738
NGXGROWTH	1,921.01	1.04	4.20	8.46	8.46	8.46	11.24B	7
NGXINDUSTR	2,451.74	-0.01	0.35	2.02	2.02	2.02	8,461.21B	251
NGXINS	179.97	1.01	0.18	0.65	0.65	0.65	124.41B	156
NGXLOTUSISLM	3,361.91	-0.02	1.05	2.62	2.62	2.62	3,825.97B	578
NGXMAINBOARD	2,373.98	0.36	0.11	1.08	1.08	1.08	16,651.65B	2,602
NGXMERIGRW	2,424.17	0.08	-1.49	4.42	4.42	4.42	1,630.63B	652
NGXMERIVAL	2,494.53	1.87	1.96	6.18	6.18	6.18	1,137.51B	1,065
NGXOILGAS	486.89	1.58	1.58	5.30	5.30	5.30	809.30B	107
NGXPENSION	1,871.33	0.66	0.57	3.36	3.36	3.36	7,723.48B	2,627
NGXPREMIUM	4,918.79	0.19	0.28	3.89	3.89	3.89	12,062.86B	940
NGXSOVBND	798.73	0.00	-2.30	-2.39	-2.39	-2.39	893.47B	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"