InfoWARE Analyst Daily Market Report (14-Jan-2025 15:08:19.858)

InfoWARE Analyst Daily Market Report (14-Jan-2025 15:08:19.858)
(Source: InfoWARE Terminal, Date: 14-Jan-2025)

Dear Investor,

InfoWARE Analyst Daily Market Report - 14-Jan-2025 15:08:19.856

The Nigerian equities market recorded another down day, as the NGX All-Share Index (NGXASI) closed the day down by -1.66%, to bring the Year-to-Date returns up 0.43%. The All Share Index closed at 103,622.09 against the previous close of 105,367.25, volume traded increased by 0.46% from 502.34M to 504.65M, while market turnover (the total value of shares traded) increased by 63.63% from NGN6.89B to NGN11.27B in 12,622.00 deals.
Market breadth (0.49x) signified Thirty (30) advancers, as against Sixty-one (61) decliners. Volume was up for 93 companies and down for 70

Top ASI Gainers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
NEWGOLD	33,000.00	35.38	33.33	33.33	51.19	51.19	51.19
LIVESTOCK	5.55	31.47	9.91	9.91	37.70	37.70	37.70
NSLTECH	0.89	29.73	7.87	7.87	39.13	39.13	39.13
NEIMETH	2.87	21.15	9.76	9.76	25.50	25.50	25.50
CILEASING	4.65	13.41	0.00	0.00	12.32	12.32	12.32
NASCON	33.00	10.76	6.06	6.06	16.67	16.67	16.67
CAP	41.80	10.00	0.00	0.00	10.00	10.00	10.00
TRANSEXPR	2.00	9.89	0.00	0.00	32.45	32.45	32.45
SCOA	2.06	9.71	9.71	9.71	9.71	9.71	9.71
UACN	33.40	8.63	1.80	1.80	3.19	3.19	3.19

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
SUNUASSUR	6.60	-24.78	-7.58	-7.58	-47.64	-47.64	-47.64
SOVRENINS	1.24	-21.13	-9.68	-9.68	-8.94	-8.94	-8.94
LASACO	3.24	-14.17	-4.63	-4.63	-8.85	-8.85	-8.85
WAPIC	2.40	-13.86	-4.17	-4.17	-6.88	-6.88	-6.88
PRESTIGE	1.29	-13.33	-9.30	-9.30	-12.03	-12.03	-12.03
ROYALEX	1.05	-10.91	-6.67	-6.67	-10.91	-10.91	-10.91
UNIVINSURE	0.76	-10.26	-7.89	-7.89	-2.78	-2.78	-2.78
DANGCEM	478.80	-9.98	-9.98	-9.98	-9.98	-9.98	-9.98
JBERGER	155.30	-9.98	-9.98	-9.98	-9.95	-9.95	-9.95
EUNISELL	17.35	-9.96	0.00	0.00	-9.96	-9.96	-9.96

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"

NEWGOLD EXCHANGE TRADED FUND (ETF) (NEWGOLD) topped the advancers list closing at N43,999.98 with a gain of 33.33% followed by N NIG. FLOUR MILLS PLC. (NNFM) which closed at N45.10 with a gain of 10.00%.

On the flip side HONEYWELL FLOUR MILL PLC (HONYFLOUR) and DANGOTE CEMENT PLC (DANGCEM) topped the decliners log with a loss of -10.00% at a close of N9.54, and -9.98% to close the day at N431.00 respectively.

Top Gainers

Symbol	LClose	%Chg
NEWGOLD	43,999.98	33.33
NNFM	45.10	10.00
LIVESTOCK	6.10	9.91
ACADEMY	3.22	9.90
UPL	4.81	9.82

Top Losers

Symbol	LClose	%Chg
HONYFLOUR	9.54	-10.00
DANGCEM	431.00	-9.98
JBERGER	139.80	-9.98
SOVRENINS	1.12	-9.68
PRESTIGE	1.17	-9.30

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 was unchanged against the dollar 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	92.00	17.39	79.46			0.00	0.00	1.00	1.00	920.00	14-Jan-2025 14:30:23.417
NNFM	45.10	9.09	44.45	63.46	0.55	1.44	8.04B	417.62K	41.00	18.72M	14-Jan-2025 14:30:17.940
ACADEMY	3.22	9.01	3.11	0.00	0.00	3.51	2.43B	2.15M	21.00	6.86M	14-Jan-2025 14:30:14.097
ETRANZACT	6.90	5.80	6.61	171.51	0.04	1.48	63.48B	803.07K	37.00	5.55M	14-Jan-2025 14:30:14.947
UNILEVER	34.65	4.76	33.51	67.09	0.40	2.81	199.06B	1.55M	104.00	54.11M	14-Jan-2025 14:30:19.030
ETERNA	28.00	4.64	27.19	29.51	0.75	0.68	36.52B	667.46K	103.00	18.66M	14-Jan-2025 14:30:14.893
OANDO	65.60	2.36	65.00	24.10	2.53	1.15	815.50B	3.53M	443.00	231.90M	14-Jan-2025 14:30:18.060
STANBICETF30	410.00	2.20	405.80			0.00	0.00	432.00	9.00	176.58K	14-Jan-2025 14:30:41.760
DANGSUGAR	33.50	1.49	33.10	11.48	3.06	4.27	406.92B	1.64M	196.00	54.88M	14-Jan-2025 14:30:14.780
NGXOILGAS	2,703.59	0.28	2,702.06	8.74	228.15	0.00	0.00	1.15M	401.00	273.98M	14-Jan-2025 14:30:24.637

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	96.00	0.00	96.20			0.00	0.00	0.00	0.00	0.00	14-Jan-2025 14:30:23.393
NEM	12.00	0.00	12.01	24.99	0.37	6.52	60.20B	1.59M	48.00	19.60M	14-Jan-2025 14:30:17.767
TAJSUKS1	100.00	0.00	100.00			0.00	0.00	0.00	0.00	0.00	14-Jan-2025 14:30:24.083
NGXINS	746.08	-2.88	748.85	10.41	2.09	0.00	0.00	100.15M	1,412.00	191.65M	14-Jan-2025 14:30:24.493
STERLINGNG	5.60	-3.57	5.75	15.75	0.30	3.19	161.23B	13.06M	197.00	74.49M	14-Jan-2025 14:30:18.630
JAPAULGOLD	2.18	-4.13	2.19	0.19	12.01	0.90	13.65B	5.49M	115.00	12.05M	14-Jan-2025 14:30:17.097
DEAPCAP	1.19	-4.20	1.21	188.84	0.01	13.76	1.79B	2.54M	26.00	3.07M	14-Jan-2025 14:30:14.797
WAPIC	2.30	-4.35	2.33	72.55	0.02	2.56	55.18B	4.80M	140.00	11.62M	14-Jan-2025 14:30:19.600
NGXPREMIUM	9,702.81	-4.70	9,809.27	2,048.74	238.70	0.00	0.00	58.98M	2,653.00	2.52B	14-Jan-2025 14:30:24.703
NGXINDUSTR	3,395.68	-5.25	3,560.27	39.90	18.97	0.00	0.00	25.17M	878.00	817.66M	14-Jan-2025 14:30:24.470
MCNICHOLS	1.61	-5.59	1.62	26.80	0.05	5.88	1.16B	365.94K	16.00	599.54K	14-Jan-2025 14:30:45.680
ROYALEX	0.98	-7.14	1.02	0.00	0.00	7.81	5.04B	1.05M	34.00	1.02M	14-Jan-2025 14:30:18.387
NGXGROUP	27.00	-9.26	28.74	0.00	0.00	2.73	53.03B	295.28K	19.00	7.98M	14-Jan-2025 14:30:17.833
PRESTIGE	1.17	-10.26	1.22	10.49	0.08	2.50	15.51B	7.56M	90.00	9.28M	14-Jan-2025 14:30:18.277
SOVRENINS	1.12	-10.71	1.19	27.95	0.03	3.75	12.73B	5.73M	55.00	6.76M	14-Jan-2025 14:30:18.477
JBERGER	139.80	-11.09	154.24	16.73	10.31	1.74	223.68B	252.75K	59.00	35.40M	14-Jan-2025 14:30:17.120

Economic Indicators - Nigeria FX Reserves Vs ASI Chart

Nigeria FX Reserves are assets held on reserve by CBN in foreign currencies. These reserves are used to back liabilities and influence monetary policy. Given the nature of the Nigeria economy, FX Reserves can appear to have an outsize influence on the economy and hence on the capital market. The chart below allows comparison of FX Reserves against the ASI to make investment decisions

For more detailed analysis,

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

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
GTCO	GUARANTY TRUST HOLDING COMPANY PLC	54.35M	13.74M	295.45	57.95	58.00	-0.09	275	3.15B
NB	NIGERIAN BREW. PLC.	32.20M	3.40M	847.28	32.00	32.00	0.00	101	1.03B
LIVESTOCK	LIVESTOCK FEEDS PLC.	15.32M	2.80M	448.21	6.10	5.55	9.91	376	92.59M
NASCON	NATIONAL SALT CO. NIG. PLC	13.79M	1.89M	630.63	35.00	33.00	6.06	304	469.76M
CUTIX	CUTIX PLC.	13.33M	4.28M	211.51	2.71	2.70	0.37	234	35.90M

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	274.10	2.34	0.86
Botswana Stock Exchange	10,060.19	5.03	0.05
Egyptian Exchange	28,556.28	-720.20	-2.46
Ghana Stock Exchange	4,945.54	42.66	0.87
Johannesburg Stock Exchange	82,045.81	-1,418.90	-1.70
Lusaka Stock Exchange	15,368.58	-52.43	-0.34
Casablanca Stock Exchange	15,912.65	36.52	0.23
Malawi Stock Exchange	180,250.58	753.89	0.42
Nigeria Stock Exchange	105,367.25	-84.36	-0.08
Nairobi Securities Exchange	129.66	0.03	0.02
Namibian Stock Exchange	1,790.79	-10.63	-0.59
Rwanda Stock Exchange	149.28	0.04	0.03
Tunis Stock Exchange	9,928.47	3.97	0.04
Uganda Securities Exchange	1,264.92	7.42	0.59

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	103,622.09	-1.66	-1.66	0.43	0.43	0.43	12,622
NGX30	3,831.08	-1.88	-1.88	0.43	0.43	0.43	5,458
NGXAFRBVI	2,514.55	0.02	0.02	1.36	1.36	1.36	1,862
NGXAFRHDYI	17,116.62	-0.40	-0.40	0.52	0.52	0.52	2,131
NGXASEM	1,583.71	0.00	0.00	0.00	0.00	0.00	2
NGXBNK	1,115.21	-0.10	-0.10	2.56	2.56	2.56	2,500
NGXCG	2,883.04	-0.89	-0.89	1.90	1.90	1.90	6,057
NGXCNSMRGDS	1,729.92	-0.27	-0.27	-0.26	-0.26	-0.26	1,647
NGXGROWTH	7,965.03	-0.12	-0.12	2.60	2.60	2.60	58
NGXINDUSTR	3,395.68	-4.99	-4.99	-4.93	-4.93	-4.93	878
NGXINS	746.08	-2.80	-2.80	-5.10	-5.10	-5.10	1,412
NGXLOTUSISLM	7,073.90	-1.85	-1.85	1.52	1.52	1.52	1,611
NGXMAINBOARD	5,044.13	-0.15	-0.15	0.80	0.80	0.80	9,911
NGXMERIGRW	6,798.05	0.03	0.03	4.21	4.21	4.21	1,928
NGXMERIVAL	10,510.27	-0.28	-0.28	0.77	0.77	0.77	3,048
NGXOILGAS	2,703.59	0.29	0.29	-0.28	-0.28	-0.28	401
NGXPENBRD	1,842.13	-1.77	-1.77	0.57	0.57	0.57	9,733
NGXPENSION	4,625.71	-1.00	-1.00	2.02	2.02	2.02	6,551
NGXPREMIUM	9,702.81	-4.49	-4.49	-0.31	-0.31	-0.31	2,653
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"