Before it's here, it's on InfoWARE Market Data Terminal; Years of Fundamentals, Analytics and more... ABBEYBDS 10.00  PZ 10.00  LEARNAFRCA 9.90  NCR 9.77  NGXGROUP 9.72  MULTIVERSE 9.60  THOMASWY 9.47  DAARCOMM 9.09  INTENEGINS 6.95  UPL 6.25  RTBRISCOE -10.00  FTNCOCOA -10.00  VERITASKAP -10.00  SUNUASSUR -9.98  CORNERST -9.98  HONYFLOUR -9.92  STANBICETF30 -9.91  LASACO -9.78  NSLTECH -9.76  CONHALLPLC -9.75 
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InfoWARE Analyst Daily Market Report (06-Jan-2025 15:09:26.255)
(Source: InfoWARE Terminal, Date: 06-Jan-2025)
Dear Investor,
InfoWARE Analyst Daily Market Report - 06-Jan-2025 15:09:26.253

The Nigerian equities market recorded another up day, as the NGX All-Share Index (NGXASI) closed the day up by 0.06%, to bring the Year-to-Date returns up 0.45%. The All Share Index closed at 103,648.24 against the previous close of 103,586.33, volume traded increased by 19.79% from 704.57M to 844.04M, while market turnover (the total value of shares traded) increased by 55.55% from NGN8.01B to NGN12.46B in 15,849.00 deals.
Market breadth (2.03x) signified Sixty-seven (67) advancers, as against Thirty-three (33) decliners. Volume was up for 87 companies and down for 79


Top ASI Gainers Over Last 5 Trading Days

SymbolPrice%Chg5Dys%Chg1Dy%ChgWTD%ChgMTD%ChgQTD%ChgYTD
HONYFLOUR7.6120.959.990.0020.9520.9520.95
NCR6.0520.919.920.0020.9120.9120.91
WEMABANK10.0020.8810.000.0020.8820.8820.88
JOHNHOLT8.5620.809.930.0020.8020.8020.80
LASACO3.7220.659.950.0020.6520.6520.65
WAPIC2.7120.659.960.0020.6520.6520.65
TRANSEXPR1.6620.539.640.0020.5320.5320.53
TANTALIZER2.4720.449.720.0020.4420.4420.44
AIICO1.7220.389.880.0020.3820.3820.38
STANBICETF30404.9920.339.630.0020.3320.3320.33

Top ASI Losers Over Last 5 Trading Days

SymbolPrice%Chg5Dys%Chg1Dy%ChgWTD%ChgMTD%ChgQTD%ChgYTD
VSPBONDETF222.00-24.2819.370.00-24.28-24.28-24.28
MERVALUE180.00-14.87-5.560.00-14.87-14.87-14.87
VETINDETF41.85-9.92-9.920.00-9.92-9.92-9.92
MERGROWTH355.50-9.890.000.00-9.89-9.89-9.89
TOTAL630.00-9.740.000.00-9.74-9.74-9.74
UACN31.90-5.16-2.040.00-5.16-5.16-5.16
SUNUASSUR11.50-4.55-3.300.00-4.55-4.55-4.55
CWG7.00-4.032.140.00-4.03-4.03-4.03
OANDO64.50-2.58-0.620.00-2.58-2.58-2.58
INTBREW5.60-1.82-3.570.00-1.82-1.82-1.82

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 N265.00 with a gain of 19.37% followed by WEMA BANK PLC. (WEMABANK) which closed at N11.00 with a gain of 10.00%.

On the flip side VETIVA INDUSTRIAL ETF (VETINDETF) and MERISTEM VALUE EXCHANGE TRADED FUND (MERVALUE) topped the decliners log with a loss of -9.92% at a close of N37.70, and -5.56% to close the day at N170.00 respectively.

Top Gainers
SymbolLClose%Chg
VSPBONDETF265.0019.37
WEMABANK11.0010.00
DAARCOMM0.7710.00
HONYFLOUR8.379.99
WAPIC2.989.96
Top Losers
SymbolLClose%Chg
VETINDETF37.70-9.92
MERVALUE170.00-5.56
CUTIX2.60-5.45
CAVERTON2.65-5.36
JAIZBANK3.08-5.23

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 0.20%(3.10) against the Dollar to settle at 1 to 1


Investment Insights - Top 5 Gainers YTD

These stocks are the best performers whose price has risen faster than the market as a whole with the best returns year to date. Momentum investors believe that stocks that have outperformed the market will often continue to do so because the factors that caused them to outperform will not suddenly disappear. In addition, other investors seeking to benefit from the stock’s outperformance will often purchase the stock, further bidding its price higher and pushing the stock higher still

NGX Top 5 Gainers YTD

For more detailed analysis,



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
STANBICETF30444.008.79409.070.000.00272.007.00114.18K06-Jan-2025 14:30:53.320
CADBURY22.956.3221.6833.250.641.8843.10B763.07K67.0016.76M06-Jan-2025 14:30:15.903
THOMASWY1.905.261.860.000.001.05418.00M237.17K20.00454.79K06-Jan-2025 14:30:27.177
ABCTRANS1.223.281.186.680.172.192.92B286.63K30.00350.30K06-Jan-2025 14:30:15.190
ELLAHLAKES3.101.613.080.000.000.006.20B4.28M101.0013.40M06-Jan-2025 14:30:52.680
FG202034S294.410.2494.350.000.00983.001.00928.10K06-Jan-2025 14:30:31.047


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
NGXOILGAS2,696.06-0.072,701.058.74228.150.000.001.03M442.00230.18M06-Jan-2025 14:30:36.880
FG112034S272.99-0.9873.660.0078.54B6.35K1.004.63M06-Jan-2025 14:30:30.633
FGSUK2027S375.00-21.2480.790.000.0020.001.0015.00K06-Jan-2025 14:30:35.913


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
CHAMSCHAMS PLC80.76M15.77M412.152.352.311.73504191.47M
VERITASKAPVERITAS KAPITAL ASSURANCE PLC60.49M9.90M510.681.701.634.29410105.73M
ACCESSCORPAccess Holdings PLC54.33M24.31M123.5225.0024.502.048071.35B
GTCOGUARANTY TRUST HOLDING COMPANY PLC53.96M12.76M322.8156.2057.00-1.402793.07B
PRESTIGEPRESTIGE ASSURANCE CO. PLC.48.94M7.70M535.411.581.468.2233575.99M


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,



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

SymbolDivYieldPEEPSBeta%ChgYTDASIYTDReturnBetaDiff
HONYFLOUR1.4016.280.310.9920.950.450.01
CAVERTON5.521.151.570.983.920.450.02
CONHALLPLC2.0869.630.030.965.540.450.04
ROYALEX7.810.000.000.9610.910.450.04
CORNERST5.288.620.350.9316.410.450.07
FIDELITYBK5.4813.241.170.892.350.450.11
DEAPCAP13.76188.840.010.898.330.450.11
VERITASKAP4.1748.770.020.8814.090.450.12
UNIVINSURE0.000.000.000.8319.440.450.17
FTNCOCOA1.600.000.000.796.380.450.21


African Markets
NameLCloseChange%Chg
BRVM Stock Exchange275.910.800.29
Egyptian Exchange30,060.48321.181.08
Ghana Stock Exchange4,888.530.000.00
Johannesburg Stock Exchange84,711.80253.380.30
Lusaka Stock Exchange15,387.54-60.25-0.39
Casablanca Stock Exchange15,496.70408.882.71
Malawi Stock Exchange173,209.871,169.870.68
Nigeria Stock Exchange103,586.33402.420.39
Nairobi Securities Exchange126.361.020.81
Namibian Stock Exchange1,813.6610.820.60
Rwanda Stock Exchange148.840.000.00
Tunis Stock Exchange9,893.27-11.89-0.12
Uganda Securities Exchange1,216.297.130.59
Nigeria Market Indexes
SymbolLClose%ChgWTD%MTD%QTD%YTD%MktCapTrades
ASI103,648.240.060.000.450.450.4515,849
NGX303,824.450.000.000.250.250.256,685
NGXAFRBVI2,508.910.030.001.131.131.132,207
NGXAFRHDYI17,270.91-0.590.001.431.431.432,370
NGXASEM1,583.710.000.000.000.000.0019
NGXBNK1,107.220.740.001.821.821.822,980
NGXCG2,864.220.320.001.241.241.247,846
NGXCNSMRGDS1,737.37-0.350.000.170.170.171,583
NGXGROWTH7,814.350.390.000.660.660.6673
NGXINDUSTR3,579.84-0.100.000.230.230.23882
NGXINS882.524.120.0012.2512.2512.252,326
NGXLOTUSISLM6,984.10-0.210.000.230.230.231,872
NGXMAINBOARD5,023.07-0.030.000.380.380.3812,641
NGXMERIGRW6,663.150.610.002.142.142.142,068
NGXMERIVAL10,569.010.600.001.331.331.333,374
NGXOILGAS2,696.06-0.070.00-0.56-0.56-0.56442
NGXPENBRD1,840.700.110.000.500.500.5012,207
NGXPENSION4,564.790.150.000.680.680.688,074
NGXPREMIUM9,790.620.230.000.590.590.593,135
NGXSOVBND606.610.840.000.840.840.842

For more detailed analysis,

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

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