InfoWARE Analyst Daily Market Report (19-Nov-2024 15:08:23.007)

InfoWARE Analyst Daily Market Report (19-Nov-2024 15:08:23.007)
(Source: InfoWARE Terminal, Date: 19-Nov-2024)

Dear Investor,

InfoWARE Analyst Daily Market Report - 19-Nov-2024 15:08:23.004

The Nigerian equities market recorded another up day, as the NGX All-Share Index (NGXASI) closed the day up by 0.23%, to bring the Year-to-Date returns up 28.93%. The All Share Index closed at 97,972.33 against the previous close of 97,747.27, volume traded decreased by -15.67% from 375.02M to 316.25M, while market turnover (the total value of shares traded) increased by 20.02% from NGN4.81B to NGN5.78B in 8,735.00 deals.
Market breadth (2.04x) signified Fifty-five (55) advancers, as against Twenty-seven (27) decliners. Volume was up for 85 companies and down for 70

Top ASI Gainers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
EUNISELL	13.18	32.94	9.94	9.94	157.83	399.66	352.81
JOHNHOLT	8.49	32.91	9.89	9.89	182.73	235.61	302.16
WAPCO	46.00	30.58	10.00	10.00	31.77	36.76	60.63
TANTALIZER	0.82	30.43	9.76	9.76	40.63	38.46	83.67
UNILEVER	24.50	12.29	10.00	10.00	12.29	38.21	80.87
PRESTIGE	0.69	11.86	-4.35	-4.35	11.86	26.92	43.48
CONHALLPLC	2.00	11.70	-4.50	-4.50	29.05	35.46	43.61
MERVALUE	209.30	10.00	5.11	5.11	6.95	-10.93	563.05
SCOA	1.71	9.94	9.94	9.94	9.94	-1.05	3.87
BETAGLAS	49.85	9.48	-0.40	-0.40	4.86	1.43	-16.41

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
TIP	2.30	-17.00	-8.70	-8.70	-8.70	5.00	66.67
PZ	24.95	-9.82	-9.82	-9.82	2.27	15.38	-22.41
MECURE	11.70	-9.65	0.00	0.00	-9.65	39.29	8.33
THOMASWY	1.75	-8.85	0.00	0.00	-9.79	-11.62	-27.98
BERGER	18.80	-7.71	-7.71	-7.71	-8.68	-17.77	33.46
MERGROWTH	419.50	-6.57	0.00	0.00	-7.80	-18.54	966.62
UNIVINSURE	0.32	-5.88	0.00	0.00	-8.57	-8.57	23.08
UPDCREIT	5.15	-5.50	0.00	0.00	-5.50	-2.83	-26.43
UCAP	16.80	-4.52	0.60	0.60	-5.85	-6.11	-29.58
CUTIX	2.50	-4.00	-4.00	-4.00	-5.88	-8.05	-2.44

For more detailed analysis, on InfoWARE Market Data Terminal <NSEPERF> <GO>
On InfoWARE Finance Mobile App (Android, iPhone & iPad, Windows Phone and Windows 8/10), "Top Gainers & Losers"

UNILEVER NIGERIA PLC. (UNILEVER) topped the advancers list closing at N26.95 with a gain of 10.00% followed by LAFARGE WAPCO PLC. (WAPCO) which closed at N50.60 with a gain of 10.00%.

On the flip side P Z CUSSONS NIGERIA PLC. (PZ) and THE INITIATES PLC (TIP) topped the decliners log with a loss of -9.82% at a close of N22.50, and -8.70% to close the day at N2.10 respectively.

Top Gainers

Symbol	LClose	%Chg
UNILEVER	26.95	10.00
WAPCO	50.60	10.00
SCOA	1.88	9.94
EUNISELL	14.49	9.94
JOHNHOLT	9.33	9.89

Top Losers

Symbol	LClose	%Chg
PZ	22.50	-9.82
TIP	2.10	-8.70
BERGER	17.35	-7.71
HONYFLOUR	4.12	-4.85
CONHALLPLC	1.91	-4.50

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 0.01%(0.23) against the Dollar to settle at 1 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
JAPAULGOLD	2.35	8.51	2.19	0.18	12.01	0.93	14.72B	26.49M	265.00	60.75M	19-Nov-2024 14:30:18.413
IKEJAHOTEL	8.15	7.98	8.05	48.32	0.16	1.00	16.94B	711.75K	24.00	5.63M	19-Nov-2024 14:30:54.640
AFRIPRUD	9.50	5.26	9.37	14.86	0.61	1.67	19.00B	1.31M	71.00	12.39M	19-Nov-2024 14:30:13.640
MERVALUE	220.00	4.86	211.99			0.00	0.00	21.00	2.00	4.62K	19-Nov-2024 14:30:54.977
CWG	6.20	4.84	6.01	0.00	0.00	2.71	15.65B	1.81M	54.00	10.63M	19-Nov-2024 14:30:17.073
GUINNESS	65.00	4.62	64.80	31.75	1.95	11.52	142.37B	1.65M	51.00	107.06M	19-Nov-2024 14:30:18.173
CORNERST	2.59	3.47	2.57	7.11	0.35	6.40	47.05B	331.26K	12.00	851.39K	19-Nov-2024 14:30:16.770
NPFMCRFBK	1.54	1.30	1.53	5.71	0.27	7.89	9.23B	1.75M	37.00	2.70M	19-Nov-2024 14:30:19.330
STERLINGNG	4.99	1.20	4.96	16.52	0.30	3.04	143.66B	5.23M	108.00	26.09M	19-Nov-2024 14:30:25.570
MTNN	172.00	1.16	170.96	16,705.97	0.01	3.29	3,500.98B	1.12M	260.00	192.62M	19-Nov-2024 14:30:55.380

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
FBNH	26.85	-2.05	27.16	11.77	2.33	1.46	963.79B	5.70M	264.00	154.01M	19-Nov-2024 14:30:59.483
NAHCO	37.85	-3.04	38.24	95.05	0.41	6.51	73.77B	3.13M	111.00	117.84M	19-Nov-2024 14:30:19.063
HONYFLOUR	4.12	-5.10	4.29	14.10	0.31	1.62	32.67B	3.67M	94.00	15.09M	19-Nov-2024 14:30:18.190
TIP	2.10	-9.52	2.28			0.00	1.87B	438.94K	16.00	930.90K	19-Nov-2024 14:31:00.067
PZ	22.50	-10.89	23.74	50.09	0.50	4.05	89.34B	215.60K	5.00	4.85M	19-Nov-2024 14:30:25.117

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
WAPCO	LAFARGE WAPCO PLC.	11.60M	2.26M	412.78	50.60	46.00	10.00	509	569.68M
GUINEAINS	GUINEA INSURANCE PLC.	6.58M	2.99M	120.44	0.48	0.47	2.13	41	3.09M
CUSTODIAN	CUSTODIAN AND ALLIED PLC	6.44M	1.75M	267.29	12.00	12.00	0.00	86	77.18M
CADBURY	CADBURY NIGERIA PLC.	3.26M	245.06K	1,229.82	17.65	17.40	1.44	33	57.61M
NAHCO	NIGERIAN AVIATION HANDLING COMPANY PLC	3.13M	1.06M	194.83	37.85	39.00	-2.95	111	117.84M

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"

African Markets

Name	LClose	Change	%Chg
BRVM Stock Exchange	273.54	1.12	0.41
Botswana Stock Exchange	9,880.94	0.99	0.01
Egyptian Exchange	30,864.34	-387.52	-1.24
Ghana Stock Exchange	4,653.69	-4.66	-0.10
Johannesburg Stock Exchange	84,425.00	553.55	0.66
Lusaka Stock Exchange	15,752.58	-231.77	-1.45
Malawi Stock Exchange	155,098.02	2,081.03	1.36
Nigeria Stock Exchange	97,747.27	29.32	0.03
Nairobi Securities Exchange	114.16	-0.85	-0.74
Namibian Stock Exchange	1,808.30	-1.63	-0.09
Rwanda Stock Exchange	146.08	0.00	0.00
Tunis Stock Exchange	9,771.07	-23.51	-0.24
Uganda Securities Exchange	1,184.11	-8.59	-0.72

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	97,972.33	0.23	0.23	0.55	-0.26	28.93	8,735
NGX30	3,687.33	0.22	0.22	0.35	1.08	29.89	4,984
NGXAFRBVI	2,427.14	0.56	0.56	6.64	18.08	18.07	1,838
NGXAFRHDYI	14,866.29	0.57	0.57	3.92	9.44	101.06	1,732
NGXASEM	1,583.71	0.00	0.00	0.00	0.00	147.63	2
NGXBNK	1,049.54	0.25	0.25	4.84	13.40	17.37	2,093
NGXCG	2,657.35	0.39	0.39	3.09	12.18	19.83	4,965
NGXCNSMRGDS	1,565.28	0.25	0.25	0.60	-0.98	39.09	840
NGXGROWTH	6,270.25	-0.26	-0.26	-6.97	21.55	6.72	35
NGXINDUSTR	3,486.10	0.55	0.55	0.99	-8.44	25.83	855
NGXINS	471.79	1.90	1.90	5.35	8.69	45.31	590
NGXLOTUSISLM	5,932.43	1.10	1.10	2.37	-2.41	26.81	1,412
NGXMAINBOARD	4,752.11	0.07	0.07	-0.16	-1.51	33.82	6,095
NGXMERIGRW	6,091.85	0.49	0.49	5.57	14.42	32.42	1,101
NGXMERIVAL	9,679.72	0.99	0.99	3.71	24.75	83.24	2,858
NGXOILGAS	2,430.38	0.35	0.35	5.40	22.23	132.16	197
NGXPENBRD	1,748.47	0.25	0.25	0.91	2.20	31.44	7,078
NGXPENSION	4,317.23	0.28	0.28	2.20	8.59	31.55	5,490
NGXPREMIUM	9,244.53	0.54	0.54	2.18	2.86	27.60	2,605
NGXSOVBND	629.36	0.00	0.00	0.08	0.81	-17.16	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"