InfoWARE Analyst Daily Market Report (11-Dec-2024 15:08:13.101)

InfoWARE Analyst Daily Market Report (11-Dec-2024 15:08:13.101)
(Source: InfoWARE Terminal, Date: 11-Dec-2024)

Dear Investor,

InfoWARE Analyst Daily Market Report - 11-Dec-2024 15:08:13.100

The Nigerian equities market recorded another up day, as the NGX All-Share Index (NGXASI) closed the day up by 0.31%, to bring the Year-to-Date returns up 29.63%. The All Share Index closed at 98,509.68 against the previous close of 98,206.97, volume traded decreased by -66.19% from 935.79M to 316.37M, while market turnover (the total value of shares traded) decreased by -58.02% from NGN12.51B to NGN5.25B in 7,464.00 deals.
Market breadth (2.04x) signified Forty-nine (49) advancers, as against Twenty-four (24) decliners. Volume was up for 64 companies and down for 96

Top ASI Gainers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
GOLDBREW	6.53	32.96	9.95	20.88	94.05	127.94	127.94
AFRIPRUD	13.00	32.41	10.00	20.68	44.44	33.02	95.89
TANTALIZER	1.46	32.23	9.59	20.30	26.98	146.15	226.53
CONOIL	320.00	21.38	10.00	17.73	27.54	109.52	319.55
ABCTRANS	1.25	18.42	8.00	18.42	19.47	29.81	51.69
STANBICETF30	395.99	16.39	5.81	5.81	5.81	-16.20	-38.47
NEM	9.75	16.30	9.74	16.30	24.42	25.88	84.48
NNFM	37.60	15.11	6.38	15.11	18.52	22.89	-12.09
WAPIC	1.19	13.08	1.68	3.42	21.00	44.05	75.36
NEWGOLD	30,000.00	12.77	0.00	12.77	0.00	11.11	102.02

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
NSLTECH	0.63	-18.57	-9.52	-9.52	-5.00	-13.64	-22.97
HMCALL	5.27	-15.38	-6.07	-15.38	-23.26	17.30	17.30
VSPBONDETF	215.07	-12.86	-14.91	-12.86	-11.60	40.77	-69.50
WAPCO	65.00	-10.81	1.54	-6.38	3.45	78.38	109.52
JBERGER	172.50	-10.00	-10.00	-10.00	-10.00	10.89	261.05
JOHNHOLT	7.23	-9.96	0.00	-9.96	-18.95	160.07	211.64
MORISON	4.01	-9.89	0.00	-9.89	-9.89	-9.89	43.21
SIAMLETF40	839.99	-9.88	-9.88	-9.88	-9.88	-12.47	51.40
MULTIVERSE	5.90	-7.63	-7.63	-7.63	-7.63	-39.44	-73.31
VETGRIF30	36.00	-6.49	0.00	0.00	-6.49	-0.28	29.03

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"

AFRICA PRUDENTIAL REGISTRARS PLC (AFRIPRUD) topped the advancers list closing at N14.30 with a gain of 10.00% followed by CONOIL PLC (CONOIL) which closed at N352.00 with a gain of 10.00%.

On the flip side VETIVA S & P NIGERIA SOVEREIGN BOND ETF (VSPBONDETF) and JULIUS BERGER NIG. PLC. (JBERGER) topped the decliners log with a loss of -14.91% at a close of N183.00, and -10.00% to close the day at N155.25 respectively.

Top Gainers

Symbol	LClose	%Chg
AFRIPRUD	14.30	10.00
CONOIL	352.00	10.00
RTBRISCOE	2.42	10.00
GOLDBREW	7.18	9.95
NEM	10.70	9.74

Top Losers

Symbol	LClose	%Chg
VSPBONDETF	183.00	-14.91
JBERGER	155.25	-10.00
SIAMLETF40	757.00	-9.88
NSLTECH	0.57	-9.52
MULTIVERSE	5.45	-7.63

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 1.32%(21.13) sharply 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
CAVERTON	1.96	8.67	1.87	1.15	1.57	5.52	6.57B	653.80K	32.00	1.25M	11-Dec-2024 14:30:12.923
ARADEL	500.00	7.00	494.97	0.00	0.00	1.72	2,172.42B	2.49M	365.00	1.22B	11-Dec-2024 14:30:12.470
UACN	23.00	3.48	22.25	9.38	2.35	1.00	67.30B	4.87M	112.00	109.07M	11-Dec-2024 14:30:18.197
LINKASSURE	0.93	3.23	0.92	59.89	0.02	5.56	13.02B	1.73M	14.00	1.59M	11-Dec-2024 14:30:15.503
PZ	22.50	2.22	22.33	44.17	0.50	4.59	89.34B	2.15M	35.00	47.63M	11-Dec-2024 14:30:17.057
NGXMAINBOARD	4,748.68	0.42	4,734.06	12.90	225.05	0.00	0.00	243.21M	5,301.00	2.56B	11-Dec-2024 14:30:30.447

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
FGSUK2025S2	100.00	-1.00	100.20			0.00	0.00	103.00	3.00	102.48K	11-Dec-2024 14:30:29.217
CUTIX	2.31	-1.30	2.33	8.81	0.26	6.52	8.14B	804.29K	31.00	1.87M	11-Dec-2024 14:30:13.247
CILEASING	4.05	-2.22	4.09	6.50	0.64	1.20	3.17B	1.85M	33.00	7.45M	11-Dec-2024 14:30:48.213
HONYFLOUR	4.70	-5.96	4.85	16.28	0.31	1.40	37.27B	647.41K	63.00	3.09M	11-Dec-2024 14:30:14.740
NSLTECH	0.57	-10.53	0.60	0.00	0.00	15.87	3.21B	2.11M	15.00	1.25M	11-Dec-2024 14:30:16.700
SIAMLETF40	757.00	-10.96	816.86			0.00	0.00	19.00	3.00	14.37K	11-Dec-2024 14:30:48.957
VSPBONDETF	183.00	-17.52	206.87			0.00	0.00	6.08K	13.00	1.14M	11-Dec-2024 14:30:49.093
FGSUK2027S3	71.01	-26.67	80.19			0.00	0.00	10.00	1.00	7.10K	11-Dec-2024 14:30:29.237

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
ETRANZACT	E-TRANZACT INTERNATIONAL PLC	70.27M	79.39K	88,401.52	6.75	6.75	0.00	28	474.22M
UNIVINSURE	UNIVERSAL INSURANCE COMPANY PLC	23.79M	6.01M	295.50	0.34	0.34	0.00	38	8.10M
DANGSUGAR	DANGOTE SUGAR REFINERY PLC	4.17M	2.03M	104.99	35.00	35.15	-0.43	250	146.04M
CWG	COMPUTER WAREHOUSE GROUP PLC	3.78M	1.47M	156.02	6.30	6.50	-3.08	108	24.11M
NEM	N.E.M INSURANCE CO (NIG) PLC.	3.15M	640.02K	392.43	10.70	9.75	9.74	64	33.14M

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
HONYFLOUR	1.40	16.28	0.31	0.99	41.57	29.63	0.01
CONHALLPLC	2.08	69.63	0.03	0.96	79.70	29.63	0.04
CORNERST	5.28	8.62	0.35	0.93	106.67	29.63	0.07
FIDELITYBK	5.48	13.24	1.17	0.89	36.40	29.63	0.11
DEAPCAP	13.76	188.84	0.01	0.89	80.95	29.63	0.11
VERITASKAP	4.17	48.77	0.02	0.88	241.67	29.63	0.12
UNIVINSURE	0.00	0.00	0.00	0.83	30.77	29.63	0.17
FLOURMILL	2.21	83.52	0.98	0.79	144.56	29.63	0.21
MAYBAKER	3.75	58.94	0.14	0.78	52.38	29.63	0.22
WAPIC	2.56	72.55	0.02	0.76	75.36	29.63	0.24

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"

African Markets

Name	LClose	Change	%Chg
BRVM Stock Exchange	274.64	-0.50	-0.18
Botswana Stock Exchange	10,017.65	0.00	0.00
Egyptian Exchange	30,617.83	-387.57	-1.25
Ghana Stock Exchange	4,706.80	0.47	0.01
Johannesburg Stock Exchange	87,271.05	-368.08	-0.42
Lusaka Stock Exchange	15,813.91	-4.75	-0.03
Casablanca Stock Exchange	14,694.94	-103.59	-0.70
Malawi Stock Exchange	165,779.16	33.15	0.02
Nigeria Stock Exchange	98,206.97	98.11	0.10
Nairobi Securities Exchange	119.32	3.22	2.77
Namibian Stock Exchange	1,882.50	-11.17	-0.59
Rwanda Stock Exchange	147.96	0.32	0.22
Tunis Stock Exchange	9,945.65	21.83	0.22
Uganda Securities Exchange	1,140.24	-1.26	-0.11

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	98,509.68	0.31	0.41	0.79	0.28	29.63	7,464
NGX30	3,698.48	-0.31	-0.27	0.67	1.38	30.28	3,964
NGXAFRBVI	2,388.60	0.04	-0.40	0.40	16.20	16.19	1,327
NGXAFRHDYI	15,450.89	1.19	1.69	4.14	13.74	108.97	1,571
NGXASEM	1,583.71	0.00	0.00	0.00	0.00	147.63	2
NGXBNK	1,033.96	0.06	-0.14	0.97	11.71	15.63	1,527
NGXCG	2,672.67	0.06	0.11	2.13	12.83	20.52	4,086
NGXCNSMRGDS	1,595.45	0.04	0.21	-0.30	0.93	41.77	871
NGXGROWTH	6,190.39	0.00	0.13	0.24	20.00	5.36	30
NGXINDUSTR	3,571.40	0.15	-0.69	0.38	-6.20	28.91	575
NGXINS	555.83	2.34	4.37	11.54	28.05	71.19	562
NGXLOTUSISLM	6,404.05	0.19	-0.70	2.84	5.34	36.90	1,018
NGXMAINBOARD	4,748.68	0.42	0.53	0.12	-1.59	33.72	5,301
NGXMERIGRW	6,167.93	0.14	-0.13	1.15	15.85	34.08	856
NGXMERIVAL	9,987.23	-0.24	-1.17	3.22	28.72	89.06	2,368
NGXOILGAS	2,614.83	2.59	4.28	9.41	31.51	149.78	345
NGXPENBRD	1,764.35	0.05	0.15	1.12	3.13	32.63	5,828
NGXPENSION	4,321.70	-0.22	-0.14	1.03	8.71	31.69	4,488
NGXPREMIUM	9,406.57	0.09	0.18	2.09	4.67	29.84	2,133
NGXSOVBND	622.34	0.00	0.00	-0.06	-0.31	-18.09	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"