Before it's here, it's on InfoWARE Market Data Terminal; Years of Fundamentals, Analytics and more... OMATEK 10.00  REGALINS 10.00  ROYALEX 10.00  CHAMS 10.00  TIP 10.00  ABBEYBDS 10.00  LEARNAFRCA 10.00  NCR 10.00  REDSTAREX 9.98  CHAMPION 9.97  VSPBONDETF -36.57  MERGROWTH -9.89  MERVALUE -9.86  TOTAL -9.74  CWG -6.04  THOMASWY -5.26  ABCTRANS -4.07  UACN -3.19  OANDO -1.98  SUNUASSUR -1.29 
Get IDIA - the stock trading app for the modern investor
InfoWARE Analyst Daily Market Report (02-Jan-2025 15:09:38.651)
(Source: InfoWARE Terminal, Date: 02-Jan-2025)
Dear Investor,
InfoWARE Analyst Daily Market Report - 02-Jan-2025 15:09:38.650

The Nigerian equities market recorded another up day, as the NGX All-Share Index (NGXASI) closed the day up by 0.25%, to bring the Year-to-Date returns up 0.00%. The All Share Index closed at 103,180.14 against the previous close of 102,926.40, volume traded increased by 101.63% from 410.08M to 826.85M, while market turnover (the total value of shares traded) decreased by -79.80% from NGN27.29B to NGN5.51B in 11,222.00 deals.
Market breadth (5.64x) signified Seventy-nine (79) advancers, as against Fourteen (14) decliners. Volume was up for 94 companies and down for 73


Top ASI Gainers Over Last 5 Trading Days

SymbolPrice%Chg5Dys%Chg1Dy%ChgWTD%ChgMTD%ChgQTD%ChgYTD
VSPBONDETF205.0070.7370.7370.730.000.000.00
PRESTIGE1.2120.919.9220.910.000.000.00
CONHALLPLC3.4520.709.8620.700.000.000.00
SOVRENINS1.1220.599.8220.590.000.000.00
WAPIC2.2520.499.7820.490.000.000.00
GUINEAINS0.8120.279.8820.270.000.000.00
MULTIVERSE7.3520.159.5220.150.000.000.00
NEIMETH2.2920.109.6120.100.000.000.00
UNILEVER32.9520.009.2620.000.000.000.00
UNIVINSURE0.6620.009.0920.000.000.000.00

Top ASI Losers Over Last 5 Trading Days

SymbolPrice%Chg5Dys%Chg1Dy%ChgWTD%ChgMTD%ChgQTD%ChgYTD
ETERNA24.30-10.000.00-10.000.000.000.00
STANBICETF30410.00-10.00-10.00-10.000.000.000.00
UNIONDICON7.20-10.000.00-10.000.000.000.00
VETINDETF41.85-10.000.00-10.000.000.000.00
CHAMPION3.81-8.190.00-8.190.000.000.00
PZ24.30-6.900.00-6.900.000.000.00
CADBURY21.50-6.520.00-6.520.000.000.00
NEWGOLD41,999.90-6.12-30.71-6.120.000.000.00
LEARNAFRCA4.50-5.660.00-5.660.000.000.00
DANGSUGAR32.50-4.550.00-4.550.000.000.00

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"


VETIVA S & P NIGERIA SOVEREIGN BOND ETF (VSPBONDETF) topped the advancers list closing at N349.99 with a gain of 70.73% followed by CORNERSTONE INSURANCE COMPANY PLC. (CORNERST) which closed at N3.96 with a gain of 10.00%.

On the flip side NEWGOLD EXCHANGE TRADED FUND (ETF) (NEWGOLD) and STANBIC IBTC ETF 30 (STANBICETF30) topped the decliners log with a loss of -30.71% at a close of N29,102.50, and -10.00% to close the day at N369.00 respectively.

Top Gainers
SymbolLClose%Chg
VSPBONDETF349.9970.73
CORNERST3.9610.00
CUTIX2.5310.00
INTENEGINS1.8710.00
NCR5.5010.00
Top Losers
SymbolLClose%Chg
NEWGOLD29,102.50-30.71
STANBICETF30369.00-10.00
ELLAHLAKES3.01-4.75
NASCON30.00-4.31
CWG7.45-3.25

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 0.23%(3.53) 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"
SymbolPrice%Chg15DMAPEEPSDivYMktCapVolTradesValueLstTradeTime
VSPBONDETF349.9941.43218.760.000.002.001.00699.9802-Jan-2025 14:30:36.727
FGSUK2027S389.9019.8880.450.000.00860.003.00773.38K02-Jan-2025 14:30:24.967
CUTIX2.539.092.358.810.266.528.91B4.08M88.009.96M02-Jan-2025 14:30:15.020
CILEASING4.148.943.946.500.641.203.24B11.55M110.0046.33M02-Jan-2025 14:30:36.317
ACCESSCORP24.101.0424.078.562.811.87856.64B17.82M414.00430.78M02-Jan-2025 14:30:39.167
STANBIC58.000.6957.956.878.233.54751.51B410.87K55.0023.84M02-Jan-2025 14:30:20.110
TAJSUKS1100.000.0199.990.000.005.00K1.005.00M02-Jan-2025 14:30:25.530


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,

SymbolPrice%Chg15DMAPEEPSDivYMktCapVolTradesValueLstTradeTime
ELLAHLAKES3.01-4.983.070.000.000.006.02B16.36M182.0048.34M02-Jan-2025 14:30:15.243
STANBICETF30369.00-11.11406.800.000.001.73K3.00670.33K02-Jan-2025 14:30:36.637
NEWGOLD29,102.50-44.3236,406.160.000.000.000.0018.005.00610.82K02-Jan-2025 14:30:36.610


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

ASI (NGX All-Share-Index) With 50 & 200 Day MAvgs

For more detailed analysis,



Unusual Volume: Volume traded is more than double the 90 day moving average (All exchanges; ASI & ASem). For more detailed analysis,

SymbolNameVolume90DAvgVol%VolChgPriceLClose%ChgTradesValue
ROYALEXROYAL EXCHANGE PLC.290.99M2.30M12,559.451.101.0010.00154318.64M
CHAMSCHAMS PLC63.68M13.97M355.762.101.995.53329130.09M
AIICOAIICO INSURANCE PLC.58.60M7.52M679.011.571.439.7918390.77M
VERITASKAPVERITAS KAPITAL ASSURANCE PLC43.36M8.69M398.951.491.369.5617863.10M
PRESTIGEPRESTIGE ASSURANCE CO. PLC.27.94M7.12M292.351.331.219.9212237.03M


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.

Top 10 high dividend yield stocks

For more detailed analysis,



African Markets
NameLCloseChange%Chg
BRVM Stock Exchange276.023.811.40
Botswana Stock Exchange10,049.110.000.00
Egyptian Exchange29,740.58416.401.42
Ghana Stock Exchange4,888.530.000.00
Johannesburg Stock Exchange84,095.13151.100.18
Lusaka Stock Exchange15,440.903.090.02
Casablanca Stock Exchange14,773.1954.460.37
Malawi Stock Exchange172,039.932,123.951.25
Nigeria Stock Exchange102,926.40-226.94-0.22
Nairobi Securities Exchange123.480.360.29
Namibian Stock Exchange1,801.184.310.24
Rwanda Stock Exchange148.840.000.00
Tunis Stock Exchange9,953.7163.300.64
Uganda Securities Exchange1,194.8017.661.50
Nigeria Market Indexes
SymbolLClose%ChgWTD%MTD%QTD%YTD%MktCapTrades
ASI103,180.140.250.030.000.000.0011,222
NGX303,814.820.08-0.160.000.000.004,844
NGXAFRBVI2,480.790.54-0.020.000.000.001,498
NGXAFRHDYI17,027.542.311.990.000.000.001,734
NGXASEM1,583.710.000.000.000.000.0015
NGXBNK1,087.420.27-0.070.000.000.002,005
NGXCG2,829.230.53-0.010.000.000.005,204
NGXCNSMRGDS1,734.360.16-0.130.000.000.001,220
NGXGROWTH7,762.860.008.990.000.000.0048
NGXINDUSTR3,571.63-0.020.160.000.000.00495
NGXINS786.199.5014.900.000.000.001,255
NGXLOTUSISLM6,967.830.171.260.000.000.001,380
NGXMAINBOARD5,003.960.300.400.000.000.008,966
NGXMERIGRW6,523.250.500.900.000.000.001,531
NGXMERIVAL10,430.430.530.650.000.000.002,385
NGXOILGAS2,711.15-0.030.400.000.000.00360
NGXPENBRD1,831.630.260.030.000.000.008,194
NGXPENSION4,534.020.29-0.030.000.000.005,625
NGXPREMIUM9,732.940.14-0.720.000.000.002,208
NGXSOVBND601.540.00-3.220.000.000.000

For more detailed analysis,

  • On InfoWARE Market Data Terminal <MKTINS> <GO>
  • On InfoWARE Finance Mobile App ( Android, iPhone & iPad and Windows 10) , "Market Indexes"

Find the topic interesting? Will like to comment? Contact Us at solutions@infowarelimited.com

Professional &Institutional Investors: Bloomberg costing you too much? of InfoWARE Market Data Terminal; The Bloomberg replacement for PAN Africa!

Top News

MARKET PERFORMANCE REPORT & DAILY PRICE LIST

GLOBALVIEW CAPITAL LIMITED
03-Jan-2025 10:43:11.000

[XNSA]>> CORDROS MILESTONE FUNDS' BID & OFFER PRICES

NGX
03-Jan-2025 12:42:15.000

[MERGROWTH]>> DAILY INDICATIVE PRICES

NGX
03-Jan-2025 12:02:07.000

[VETGOODS]>> DAILY INDICATIVE PRICES

NGX
03-Jan-2025 10:48:21.000

[XNSA]>> NGX FIXED INCOME INDICATIVE PRICE LIST FOR JAN 03, 2025

NGX
03-Jan-2025 10:06:23.000

CSL Nigeria Daily - 03 January 2025

CSL RESEARCH
03-Jan-2025 10:40:32.000

Daily Business News Brief

GLOBALVIEW CAPITAL LIMITED
03-Jan-2025 10:29:13.000

[XNSA]>> RECLASSIFICATION OF JULIUS BERGER NIGERIA PLC FROM MEDIUM PRICE GROUP

NGX
03-Jan-2025 09:31:37.000

[XNSA]>> RECLASSIFICATION OF CONOIL PLC FROM MEDIUM PRICE GROUP TO HIGH PRICE

NGX
03-Jan-2025 09:31:24.000

[XNSA]>> RECLASSIFICATION OF MEYER PLC FROM LOW PRICE STOCK GROUP TO MEDIUM PRIC

NGX
03-Jan-2025 09:31:14.000

[XNSA]>> RECLASSIFICATION OF JULI PLC FROM LOW PRICE STOCK GROUP TO MEDIUM PRICE

NGX
03-Jan-2025 09:30:36.000

[NCR]>>Notice of Meeting -<NCR (NIGERIA) PLC.>

NGX
03-Jan-2025 07:55:02.000

[AIRTELAFRI]>>Corporate Disclosures-<Airtel Africa Plc>

NGX
03-Jan-2025 07:41:17.000

[AIRTELAFRI]>>Corporate Disclosures-<Airtel Africa Plc>

NGX
03-Jan-2025 07:41:17.000

MARKET PERFORMANCE REPORT & DAILY PRICE LIST

GLOBALVIEW CAPITAL LIMITED
02-Jan-2025 17:44:24.000

Daily Market Report

SAMTL
02-Jan-2025 17:39:47.000

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (02-Jan-2025 15:09:42.729)

INFOWARE TERMINAL
02-Jan-2025 15:09:42.000

InfoWARE Analyst Daily Market Report (02-Jan-2025 15:09:38.651)

INFOWARE TERMINAL
02-Jan-2025 15:09:38.000

[VFDGROUP]>>Corporate Disclosures-<VFD Group Plc>

NGX
02-Jan-2025 13:45:07.000

[AIRTELAFRI]>>Corporate Disclosures-<Airtel Africa Plc>

NGX
02-Jan-2025 12:05:07.000

[AIRTELAFRI]>>Corporate Disclosures-<Airtel Africa Plc>

NGX
02-Jan-2025 12:05:07.000

[JAIZBANK]>>Notice of Meeting -<JAIZ BANK PLC>

NGX
02-Jan-2025 11:52:27.000

[NASCON]>>Corporate Disclosures-<NASCON Allied Industries Plc>

NGX
02-Jan-2025 11:15:07.000

[NASCON]>>Corporate Disclosures-<NASCON Allied Industries Plc>

NGX
02-Jan-2025 11:10:06.000

[VSPBONDETF]>> DAILY INDICATIVE PRICES

NGX
02-Jan-2025 10:09:56.000

[XNSA]>> NGX FIXED INCOME INDICATIVE PRICE LIST FOR JAN 02, 2025

NGX
02-Jan-2025 10:03:56.000

[MERVALUE]>> DAILY INDICATIVE PRICES

NGX
02-Jan-2025 10:03:56.000

CSL Nigeria Daily - 02 January 2025

CSL RESEARCH
02-Jan-2025 10:53:21.000

Daily Business News Brief

GLOBALVIEW CAPITAL LIMITED
02-Jan-2025 10:49:06.000

[JBERGER]>>Corporate Disclosures-<JULIUS BERGER NIGERIA PLC>

NGX
02-Jan-2025 09:10:06.000
Get IDIA - the stock trading app for the modern investor
Company
Contacts
  • 8th Floor,
  • South Atlantic Petroleum Towers,
  • 1 Adeola Odeku Street,
  • Victoria Island,
  • Lagos, Nigeria.

  • Email: solutions@infowarelimited.com
Follow Us
 
facebook twitter skype youtube
Market data may be delayed up to 15 minutes