InfoWARE Analyst Daily Market Report (21-Nov-2024 15:11:01.691)

InfoWARE Analyst Daily Market Report (21-Nov-2024 15:11:01.691)
(Source: InfoWARE Terminal, Date: 21-Nov-2024)

Dear Investor,

InfoWARE Analyst Daily Market Report - 21-Nov-2024 15:11:01.690

The Nigerian equities market recorded another down day, as the NGX All-Share Index (NGXASI) closed the day down by -0.18%, to bring the Year-to-Date returns up 29.03%. The All Share Index closed at 98,050.12 against the previous close of 98,227.50, volume traded increased by 41.64% from 323.52M to 458.23M, while market turnover (the total value of shares traded) increased by 20.95% from NGN7.58B to NGN9.17B in 10,266.00 deals.
Market breadth (1.07x) signified Forty-four (44) advancers, as against Forty-one (41) decliners. Volume was up for 89 companies and down for 72

Top ASI Gainers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
EUNISELL	15.93	32.93	9.98	32.93	211.74	504.14	447.50
TANTALIZER	0.99	31.71	9.09	31.71	68.75	66.15	120.41
JOHNHOLT	10.25	26.62	4.88	26.62	225.76	286.69	363.36
WAPCO	55.65	23.91	2.43	23.91	48.44	54.05	80.95
CADBURY	19.40	22.41	9.79	22.41	29.88	19.33	24.56
AUSTINLAZ	2.20	22.22	10.00	22.22	22.22	21.00	19.21
GUINEAINS	0.52	21.28	9.62	21.28	26.67	23.91	96.55
UNILEVER	29.60	20.82	0.00	20.82	23.33	51.79	98.66
SCOA	1.88	20.47	9.57	20.47	20.47	8.42	13.81
HONYFLOUR	4.53	15.01	9.93	15.01	12.16	4.84	50.00

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
PZ	22.05	-11.62	0.00	-11.62	0.23	13.08	-23.97
NNFM	33.75	-10.00	0.00	-10.00	-11.18	3.69	-25.82
MULTIVERSE	7.20	-9.43	0.00	-9.43	-9.43	-20.00	-64.74
STANBICETF30	409.99	-8.89	-10.00	-8.89	-18.00	-26.20	-45.82
BERGER	17.35	-7.71	0.00	-7.71	-8.68	-17.77	33.46
SOVRENINS	0.67	-7.58	-8.96	-7.58	7.02	0.00	41.86
CUTIX	2.32	-7.20	0.00	-7.20	-9.02	-11.11	-5.69
OANDO	63.45	-6.41	-5.60	-6.41	-33.18	-22.21	452.07
CONHALLPLC	1.86	-5.50	1.61	-5.50	27.70	34.04	42.11
VERITASKAP	1.27	-5.38	-3.15	-5.38	-13.38	-25.90	241.67

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"

AUSTIN LAZ & COMPANY PLC (AUSTINLAZ) topped the advancers list closing at N2.42 with a gain of 10.00% followed by EUNISELL INTERLINKED PLC (EUNISELL) which closed at N17.52 with a gain of 9.98%.

On the flip side STANBIC IBTC ETF 30 (STANBICETF30) and WAPIC INSURANCE PLC (WAPIC) topped the decliners log with a loss of -10.00% at a close of N369.00, and -9.82% to close the day at N1.01 respectively.

Top Gainers

Symbol	LClose	%Chg
AUSTINLAZ	2.42	10.00
EUNISELL	17.52	9.98
HMCALL	4.64	9.95
HONYFLOUR	4.98	9.93
SUNUASSUR	2.99	9.93

Top Losers

Symbol	LClose	%Chg
STANBICETF30	369.00	-10.00
WAPIC	1.01	-9.82
UPL	3.50	-9.09
NEWGOLD	30,000.00	-9.09
SOVRENINS	0.61	-8.96

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 0.60%(-9.97) 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
DAARCOMM	0.68	8.82	0.64	0.00	0.00	0.00	8.16B	1.17M	31.00	778.14K	21-Nov-2024 14:30:18.067
TRIPPLEG	1.88	8.51	1.77	196.71	0.01	5.81	930.51M	362.36K	13.00	674.58K	21-Nov-2024 14:30:21.590
NEIMETH	1.98	6.57	1.89	112.18	0.02	3.78	8.46B	542.93K	24.00	1.06M	21-Nov-2024 14:30:19.593
NPFMCRFBK	1.59	5.66	1.53	5.63	0.27	8.00	9.53B	2.91M	39.00	4.43M	21-Nov-2024 14:30:19.777
NEM	8.35	3.59	8.29	21.87	0.37	7.45	41.89B	648.09K	23.00	5.33M	21-Nov-2024 14:30:19.620
ROYALEX	0.60	1.67	0.59	0.00	0.00	8.47	3.09B	2.20M	15.00	1.32M	21-Nov-2024 14:30:20.330
FCMB	9.35	1.60	9.34	107.83	0.09	5.43	185.16B	2.82M	119.00	26.37M	21-Nov-2024 14:30:18.410
FG202033S6	98.90	0.59	98.36			0.00	0.00	824.00	1.00	814.93K	21-Nov-2024 14:30:28.567

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
AIICO	1.18	-2.54	1.19	2.01	0.60	4.13	43.19B	11.53M	94.00	13.85M	21-Nov-2024 14:30:17.467
GTCO	54.60	-2.56	54.70	7.89	7.10	1.79	1,606.94B	4.66M	215.00	255.94M	21-Nov-2024 14:30:18.660
SIAMLETF40	840.00	-2.96	858.56			0.00	0.00	4.00	2.00	3.18K	21-Nov-2024 14:31:00.377
CHAMS	2.00	-3.00	2.03	28.99	0.07	1.46	9.39B	11.41M	103.00	22.93M	21-Nov-2024 14:30:58.140
JAPAULGOLD	2.11	-9.00	2.17	0.19	12.01	0.87	13.21B	13.48M	151.00	29.96M	21-Nov-2024 14:30:18.960
UNIVINSURE	0.31	-9.68	0.33	0.00	0.00	0.00	4.96B	11.40M	41.00	3.60M	21-Nov-2024 14:30:24.410
SOVRENINS	0.61	-9.84	0.62	23.41	0.03	4.48	6.93B	4.58M	37.00	2.88M	21-Nov-2024 14:30:20.480
UPL	3.50	-10.00	3.51	6.57	0.59	0.65	1.51B	269.45K	22.00	962.21K	21-Nov-2024 14:30:24.517

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
FBNH	FBN HOLDINGS PLC	51.11M	15.25M	235.16	26.95	27.10	-0.55	263	1.38B
TANTALIZER	TANTALIZERS PLC	48.78M	2.48M	1,865.86	1.08	0.99	9.09	207	52.53M
WAPCO	LAFARGE WAPCO PLC.	39.67M	2.68M	1,380.56	57.00	55.65	2.43	1,121	2.31B
MANSARD	MANSARD INSURANCE PLC	16.17M	3.43M	372.03	7.30	7.00	4.29	172	117.17M
HONYFLOUR	HONEYWELL FLOUR MILL PLC	13.28M	3.32M	299.66	4.98	4.53	9.93	218	65.23M

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	274.10	-0.82	-0.30
Botswana Stock Exchange	9,904.40	23.71	0.24
Egyptian Exchange	30,587.99	-101.27	-0.33
Ghana Stock Exchange	4,654.43	0.93	0.02
Johannesburg Stock Exchange	85,274.81	743.87	0.88
Lusaka Stock Exchange	15,849.03	-19.04	-0.12
Casablanca Stock Exchange	14,986.56	10.48	0.07
Malawi Stock Exchange	156,089.89	435.83	0.28
Nigeria Stock Exchange	98,227.50	254.73	0.26
Nairobi Securities Exchange	112.71	-0.71	-0.63
Namibian Stock Exchange	1,842.05	28.12	1.55
Rwanda Stock Exchange	146.48	0.39	0.27
Tunis Stock Exchange	9,800.92	18.59	0.19
Uganda Securities Exchange	1,183.13	-1.66	-0.14

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	98,050.12	-0.18	0.31	0.63	-0.19	29.03	10,266
NGX30	3,690.26	-0.18	0.30	0.43	1.16	29.99	5,482
NGXAFRBVI	2,384.23	-1.92	-1.22	4.76	15.99	15.98	1,671
NGXAFRHDYI	14,823.28	-0.64	0.28	3.62	9.12	100.48	1,615
NGXASEM	1,583.71	0.00	0.00	0.00	0.00	147.63	11
NGXBNK	1,037.95	-1.16	-0.86	3.68	12.15	16.08	2,042
NGXCG	2,655.62	-0.70	0.33	3.02	12.11	19.75	5,887
NGXCNSMRGDS	1,588.48	0.39	1.74	2.09	0.49	41.16	1,414
NGXGROWTH	6,280.48	0.05	-0.10	-6.82	21.75	6.90	26
NGXINDUSTR	3,520.86	0.21	1.55	2.00	-7.52	27.09	1,397
NGXINS	476.74	0.27	2.97	6.46	9.83	46.83	673
NGXLOTUSISLM	6,103.98	0.87	4.02	5.33	0.41	30.48	2,020
NGXMAINBOARD	4,749.33	-0.16	0.01	-0.22	-1.57	33.74	7,039
NGXMERIGRW	6,078.84	-0.77	0.27	5.35	14.18	32.14	1,316
NGXMERIVAL	9,847.98	0.32	2.74	5.51	26.92	86.43	3,437
NGXOILGAS	2,420.34	-0.33	-0.07	4.97	21.73	131.20	246
NGXPENBRD	1,751.80	-0.12	0.44	1.10	2.40	31.69	8,258
NGXPENSION	4,313.97	-0.52	0.20	2.12	8.51	31.45	6,530
NGXPREMIUM	9,276.43	-0.21	0.89	2.53	3.22	28.04	3,201
NGXSOVBND	629.31	0.04	-0.01	0.07	0.80	-17.17	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"