InfoWARE Analyst Daily Market Report (09-Jan-2025 15:07:38.562)

InfoWARE Analyst Daily Market Report (09-Jan-2025 15:07:38.562)
(Source: InfoWARE Terminal, Date: 09-Jan-2025)

Dear Investor,

InfoWARE Analyst Daily Market Report - 09-Jan-2025 15:07:38.560

The Nigerian equities market recorded another up day, as the NGX All-Share Index (NGXASI) closed the day up by 1.25%, to bring the Year-to-Date returns up 2.28%. The All Share Index closed at 105,530.74 against the previous close of 104,230.73, volume traded decreased by -23.83% from 636.02M to 484.47M, while market turnover (the total value of shares traded) decreased by -37.37% from NGN19.64B to NGN12.30B in 12,536.00 deals.
Market breadth (1.65x) signified Fifty-six (56) advancers, as against Thirty-four (34) decliners. Volume was up for 67 companies and down for 95

Top ASI Gainers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
MULTIVERSE	10.65	29.94	7.98	29.94	42.86	42.86	42.86
DAARCOMM	0.90	25.97	7.78	25.97	42.65	42.65	42.65
MTNN	220.00	21.00	10.00	21.00	21.00	21.00	21.00
TRANSCORP	49.50	15.91	3.03	15.91	17.24	17.24	17.24
LOTUSHAL15	31.20	14.17	9.78	14.17	14.17	14.17	14.17
NEWGOLD	32,500.00	11.67	0.00	11.67	11.67	11.67	11.67
UPL	4.45	11.25	0.00	11.25	15.58	15.58	15.58
ABBEYBDS	3.63	10.00	0.00	10.00	21.00	21.00	21.00
PZ	27.50	10.00	0.00	10.00	13.17	13.17	13.17
LIVINGTRUST	4.81	9.82	0.00	9.82	9.82	9.82	9.82

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
SUNUASSUR	9.01	-27.07	-9.99	-27.07	-30.39	-30.39	-30.39
RTBRISCOE	2.60	-22.00	-10.00	-22.00	-14.91	-14.91	-14.91
TIP	2.79	-15.72	-9.68	-15.72	0.80	0.80	0.80
CONHALLPLC	3.40	-15.00	0.00	-15.00	-10.29	-10.29	-10.29
CORNERST	3.93	-14.75	0.00	-14.75	-0.76	-0.76	-0.76
PRESTIGE	1.40	-14.56	-3.57	-14.56	1.50	1.50	1.50
GUINEAINS	0.99	-14.15	-8.08	-14.15	2.25	2.25	2.25
LASACO	3.60	-11.98	0.00	-11.98	6.19	6.19	6.19
CILEASING	4.01	-11.83	2.24	-11.83	-0.97	-0.97	-0.97
CAVERTON	2.45	-10.94	-3.67	-10.94	-7.45	-7.45	-7.45

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"

MTN NIGERIA PLC (MTNN) topped the advancers list closing at N242.00 with a gain of 10.00% followed by HONEYWELL FLOUR MILL PLC (HONYFLOUR) which closed at N9.11 with a gain of 9.89%.

On the flip side VETIVA S & P NIGERIA SOVEREIGN BOND ETF (VSPBONDETF) and R T BRISCOE PLC. (RTBRISCOE) topped the decliners log with a loss of -22.71% at a close of N262.00, and -10.00% to close the day at N2.34 respectively.

Top Gainers

Symbol	LClose	%Chg
MTNN	242.00	10.00
HONYFLOUR	9.11	9.89
UNIVINSURE	0.78	9.86
TRANSCOHOT	127.35	9.78
LOTUSHAL15	34.25	9.78

Top Losers

Symbol	LClose	%Chg
VSPBONDETF	262.00	-22.71
RTBRISCOE	2.34	-10.00
SUNUASSUR	8.11	-9.99
MERVALUE	162.00	-9.85
TIP	2.52	-9.68

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 0.04%(-0.56) 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
FGSUK2027S3	85.01	11.78	82.18			0.00	0.00	213.00	3.00	181.84K	09-Jan-2025 14:30:45.593
ZENITHBANK	46.50	4.30	45.58	3.33	13.30	2.25	1,459.94B	5.90M	352.00	268.96M	09-Jan-2025 14:31:19.263
STANBIC	59.50	2.52	58.47	6.87	8.23	3.54	770.94B	1.62M	66.00	94.85M	09-Jan-2025 14:30:33.043
STANBICETF30	410.00	2.44	406.40			0.00	0.00	1.47K	7.00	586.15K	09-Jan-2025 14:31:18.640
CILEASING	4.10	2.20	4.02	6.50	0.64	1.20	3.20B	2.16M	57.00	8.88M	09-Jan-2025 14:30:18.677
NGXAFRBVI	2,503.81	1.51	2,474.27	3.14	35.50	0.00	0.00	34.56M	1,576.00	1.27B	09-Jan-2025 14:30:47.577
NEWGOLD	32,500.00	0.00	31,887.63	0.00	0.00	0.00	0.00	32.00	3.00	1.04M	09-Jan-2025 14:31:18.593

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
ETERNA	26.70	0.00	26.75	29.51	0.75	0.68	34.82B	309.78K	71.00	8.20M	09-Jan-2025 14:30:19.593
NGXINDUSTR	3,573.90	-0.17	3,575.07	39.90	18.97	0.00	0.00	8.22M	545.00	197.57M	09-Jan-2025 14:30:48.020
GREENWETF	530.00	-0.75	530.53			0.00	0.00	10.00	1.00	5.30K	09-Jan-2025 14:31:18.440
MERGROWTH	385.50	-1.17	385.80			0.00	0.00	501.00	3.00	182.09K	09-Jan-2025 14:31:18.483
JAPAULGOLD	2.16	-2.78	2.18	0.19	12.01	0.90	13.53B	5.96M	157.00	13.27M	09-Jan-2025 14:30:21.160
CAVERTON	2.36	-3.81	2.44	1.15	1.57	5.52	7.91B	3.36M	53.00	7.89M	09-Jan-2025 14:31:17.833
GUINNESS	65.00	-8.08	68.25	31.75	1.95	11.52	142.37B	299.64K	42.00	19.97M	09-Jan-2025 14:30:20.617
TIP	2.52	-10.71	2.53			0.00	2.24B	298.64K	25.00	775.15K	09-Jan-2025 14:31:24.283
SUNUASSUR	8.11	-11.10	8.96	0.00	0.00	0.99	47.13B	1.65M	66.00	13.40M	09-Jan-2025 14:30:33.180
FGSUK2031S4	76.01	-18.41	86.60			0.00	0.00	1.78K	4.00	1.35M	09-Jan-2025 14:30:45.617

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	97.24M	13.10M	642.01	0.78	0.71	9.86	410	72.17M
AIICO	AIICO INSURANCE PLC.	54.23M	12.01M	351.77	1.93	1.88	2.66	382	104.18M
SOVRENINS	SOVEREIGN TRUST INSURANCE PLC	24.99M	3.48M	618.46	1.42	1.50	-5.33	67	37.64M
GUINEAINS	GUINEA INSURANCE PLC.	14.63M	7.05M	107.44	0.91	0.99	-8.08	122	13.92M
TRANSCORP	TRANSNATIONAL CORPORATION OF NIGERIA PLC	12.14M	3.61M	236.18	51.00	49.50	3.03	803	643.59M

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	273.13	-1.26	-0.46
Botswana Stock Exchange	10,055.45	0.00	0.00
Egyptian Exchange	29,785.91	-143.66	-0.48
Ghana Stock Exchange	4,900.94	10.76	0.22
Johannesburg Stock Exchange	83,152.56	-992.92	-1.18
Lusaka Stock Exchange	15,421.47	-7.71	-0.05
Casablanca Stock Exchange	15,723.69	249.14	1.61
Malawi Stock Exchange	175,408.89	1,685.12	0.97
Nigeria Stock Exchange	104,230.73	827.23	0.80
Nairobi Securities Exchange	128.93	0.50	0.39
Namibian Stock Exchange	1,805.01	-25.07	-1.37
Rwanda Stock Exchange	148.84	0.00	0.00
Tunis Stock Exchange	9,852.65	-5.92	-0.06
Uganda Securities Exchange	1,237.09	3.95	0.32

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	105,530.74	1.25	1.82	2.28	2.28	2.28	12,536
NGX30	3,910.80	1.42	2.26	2.52	2.52	2.52	6,380
NGXAFRBVI	2,503.81	1.54	-0.20	0.93	0.93	0.93	1,576
NGXAFRHDYI	17,114.59	0.81	-0.91	0.51	0.51	0.51	1,753
NGXASEM	1,583.71	0.00	0.00	0.00	0.00	0.00	5
NGXBNK	1,125.01	1.70	1.61	3.46	3.46	3.46	2,141
NGXCG	2,931.07	1.71	2.33	3.60	3.60	3.60	5,699
NGXCNSMRGDS	1,740.37	0.46	0.17	0.35	0.35	0.35	1,103
NGXGROWTH	7,962.58	-0.28	1.90	2.57	2.57	2.57	50
NGXINDUSTR	3,573.90	-0.17	-0.17	0.06	0.06	0.06	545
NGXINS	801.27	-1.38	-9.21	1.92	1.92	1.92	1,645
NGXLOTUSISLM	7,195.37	1.59	3.03	3.27	3.27	3.27	1,756
NGXMAINBOARD	5,052.33	0.68	0.58	0.97	0.97	0.97	9,603
NGXMERIGRW	6,805.75	1.25	2.14	4.33	4.33	4.33	2,298
NGXMERIVAL	10,525.71	1.46	-0.41	0.91	0.91	0.91	2,420
NGXOILGAS	2,691.03	0.04	-0.19	-0.74	-0.74	-0.74	468
NGXPENBRD	1,878.05	1.31	2.03	2.53	2.53	2.53	9,627
NGXPENSION	4,687.39	1.71	2.69	3.38	3.38	3.38	7,037
NGXPREMIUM	10,203.23	2.33	4.21	4.83	4.83	4.83	2,883
NGXSOVBND	606.61	0.00	0.00	0.84	0.84	0.84	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"