InfoWARE Analyst Daily Market Report (19-Dec-2024 15:09:02.393)

InfoWARE Analyst Daily Market Report (19-Dec-2024 15:09:02.393)
(Source: InfoWARE Terminal, Date: 19-Dec-2024)

Dear Investor,

InfoWARE Analyst Daily Market Report - 19-Dec-2024 15:09:02.392

The Nigerian equities market recorded another up day, as the NGX All-Share Index (NGXASI) closed the day up by 0.77%, to bring the Year-to-Date returns up 33.24%. The All Share Index closed at 101,248.02 against the previous close of 100,477.46, volume traded increased by 2.37% from 378.87M to 387.86M, while market turnover (the total value of shares traded) increased by 78.76% from NGN7.61B to NGN13.60B in 9,422.00 deals.
Market breadth (3.25x) signified Sixty-five (65) advancers, as against Twenty (20) decliners. Volume was up for 74 companies and down for 78

Top ASI Gainers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
MRS	159.70	33.03	9.96	33.03	33.03	32.33	67.24
WAPIC	1.69	27.14	5.33	27.14	78.00	111.90	157.97
AIICO	1.36	24.17	9.56	24.17	22.13	27.35	69.32
ETERNA	24.80	22.20	9.88	22.20	19.78	-9.17	79.28
ARADEL	664.00	21.69	10.00	21.69	41.28	-5.50	-5.50
INTENEGINS	1.46	20.30	9.59	20.30	17.65	0.00	15.11
SOVRENINS	0.85	15.38	5.88	15.38	12.50	47.54	109.30
LIVESTOCK	3.72	15.16	6.18	15.16	12.86	45.22	129.65
LINKASSURE	0.99	14.89	9.09	14.89	13.68	9.09	22.73
UACN	25.00	14.82	10.00	14.82	21.95	30.95	95.04

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
NEWGOLD	30,000.00	-70.00	0.00	-70.00	0.00	11.11	102.02
JOHNHOLT	6.51	-18.67	-9.68	-18.67	-34.08	111.51	153.45
TANTALIZER	1.74	-15.14	-9.77	-15.14	24.60	141.54	220.41
MULTIVERSE	5.65	-9.73	-9.73	-9.73	-13.56	-43.33	-75.02
OMATEK	0.68	-7.35	-7.35	-7.35	1.61	-12.50	-8.70
CUTIX	2.23	-7.20	4.04	-7.20	0.87	-11.11	-5.69
UPL	3.77	-7.16	-7.16	-7.16	-2.78	61.29	45.83
DANGSUGAR	35.00	-7.14	-7.14	-7.14	-6.88	-4.41	-43.48
OANDO	70.50	-6.10	-2.84	-6.10	6.20	-11.04	531.34
NCR	4.73	-5.40	0.00	-5.40	10.77	9.49	19.44

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"

ARADEL HOLDINGS PLC (ARADEL) topped the advancers list closing at N730.40 with a gain of 10.00% followed by HONEYWELL FLOUR MILL PLC (HONYFLOUR) which closed at N5.50 with a gain of 10.00%.

On the flip side VETIVA S & P NIGERIA SOVEREIGN BOND ETF (VSPBONDETF) and TANTALIZERS PLC (TANTALIZER) topped the decliners log with a loss of -36.66% at a close of N190.02, and -9.77% to close the day at N1.57 respectively.

Top Gainers

Symbol	LClose	%Chg
ARADEL	730.40	10.00
HONYFLOUR	5.50	10.00
UACN	27.50	10.00
NAHCO	41.95	9.96
MRS	175.60	9.96

Top Losers

Symbol	LClose	%Chg
VSPBONDETF	190.02	-36.66
TANTALIZER	1.57	-9.77
MULTIVERSE	5.10	-9.73
JOHNHOLT	5.88	-9.68
CAVERTON	2.26	-7.76

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 0.10%(-1.51) 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
MERVALUE	205.00	8.63	188.82			0.00	0.00	67.00	3.00	12.63K	19-Dec-2024 14:31:02.987
SIAMLETF40	864.10	7.53	816.80			0.00	0.00	504.00	3.00	403.46K	19-Dec-2024 14:31:03.043
DEAPCAP	1.16	6.90	1.14	188.84	0.01	13.76	1.74B	603.33K	18.00	677.48K	19-Dec-2024 14:30:11.007
DAARCOMM	0.59	5.08	0.56	0.00	0.00	0.00	7.08B	1.18M	33.00	689.17K	19-Dec-2024 14:30:10.920
CONHALLPLC	2.40	4.17	2.37	69.63	0.03	2.08	25.69B	6.88M	58.00	15.48M	19-Dec-2024 14:31:02.230
CUTIX	2.32	3.88	2.30	8.81	0.26	6.52	8.17B	4.82M	64.00	11.30M	19-Dec-2024 14:30:10.843
CHAMS	1.99	2.51	1.98	27.02	0.07	1.56	9.35B	4.19M	82.00	8.17M	19-Dec-2024 14:30:10.680
FBNH	26.80	1.31	26.55	11.32	2.33	1.52	961.99B	3.05M	238.00	81.07M	19-Dec-2024 14:31:03.237
FIDELITYBK	15.85	0.95	15.76	13.24	1.17	5.48	459.25B	13.01M	247.00	204.15M	19-Dec-2024 14:30:11.387

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	MktCap	Vol	Trades	Value	LstTradeTime
VFDGROUP	44.40	0.00	44.47	0.00	0.00	0.00	1.78K	19.00	71.32K	19-Dec-2024 14:30:14.320
OMATEK	0.63	-7.94	0.65	6.82	0.10	1.85B	2.49M	44.00	1.64M	19-Dec-2024 14:30:12.880
VSPBONDETF	190.02	-57.88	207.69			0.00	277.00	5.00	56.76K	19-Dec-2024 14:31:03.163

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
UNIVINSURE	UNIVERSAL INSURANCE COMPANY PLC	38.23M	6.68M	472.55	0.40	0.37	8.11	123	14.85M
AIICO	AIICO INSURANCE PLC.	20.98M	7.06M	197.07	1.49	1.36	9.56	180	31.19M
PRESTIGE	PRESTIGE ASSURANCE CO. PLC.	15.55M	5.84M	166.20	0.80	0.79	1.27	70	12.61M
NB	NIGERIAN BREW. PLC.	9.52M	3.00M	217.78	30.00	28.00	7.14	143	279.84M
AFRIPRUD	AFRICA PRUDENTIAL REGISTRARS PLC	8.01M	1.63M	391.07	15.80	14.40	9.72	264	121.76M

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	273.98	0.11	0.04
Botswana Stock Exchange	10,022.59	0.00	0.00
Egyptian Exchange	30,503.07	-97.92	-0.32
Ghana Stock Exchange	4,809.63	76.21	1.61
Johannesburg Stock Exchange	85,599.84	-145.77	-0.17
Lusaka Stock Exchange	15,731.46	-53.67	-0.34
Casablanca Stock Exchange	14,769.95	-5.91	-0.04
Malawi Stock Exchange	170,135.08	152.98	0.09
Nigeria Stock Exchange	100,477.46	430.20	0.43
Nairobi Securities Exchange	120.31	0.34	0.28
Namibian Stock Exchange	1,832.29	-5.51	-0.30
Rwanda Stock Exchange	148.60	0.00	0.00
Tunis Stock Exchange	9,865.97	-36.64	-0.37
Uganda Securities Exchange	1,165.27	-9.16	-0.78

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	101,248.02	0.77	1.33	3.60	3.07	33.24	9,422
NGX30	3,720.17	0.24	0.35	1.26	1.98	31.04	4,332
NGXAFRBVI	2,416.34	0.75	1.58	1.57	17.55	17.54	1,420
NGXAFRHDYI	15,895.12	-0.35	-0.08	7.13	17.01	114.98	1,705
NGXASEM	1,583.71	0.00	0.00	0.00	0.00	147.63	5
NGXBNK	1,054.22	0.73	1.60	2.95	13.90	17.90	1,914
NGXCG	2,708.49	0.69	0.96	3.50	14.34	22.14	4,624
NGXCNSMRGDS	1,637.82	0.69	0.62	2.35	3.61	45.54	1,004
NGXGROWTH	6,342.17	0.00	0.15	2.70	22.94	7.95	19
NGXINDUSTR	3,573.37	-0.63	-0.65	0.44	-6.14	28.98	575
NGXINS	612.72	3.79	8.74	22.95	41.15	88.72	1,048
NGXLOTUSISLM	6,496.53	0.20	0.21	4.33	6.87	38.87	1,192
NGXMAINBOARD	4,938.02	1.08	1.96	4.11	2.34	39.05	7,343
NGXMERIGRW	6,247.58	0.08	0.51	2.46	17.35	35.81	1,097
NGXMERIVAL	10,262.39	1.14	1.43	6.06	32.26	94.27	2,259
NGXOILGAS	2,704.78	0.32	0.70	13.17	36.03	158.38	541
NGXPENBRD	1,778.71	0.31	0.45	1.95	3.97	33.71	7,286
NGXPENSION	4,377.70	0.62	0.87	2.34	10.12	33.39	5,018
NGXPREMIUM	9,453.00	0.16	0.11	2.60	5.18	30.48	2,060
NGXSOVBND	621.97	0.00	-0.06	-0.12	-0.37	-18.13	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"