InfoWARE Analyst Daily Market Report (30-Jan-2025 15:11:39.136)

InfoWARE Analyst Daily Market Report (30-Jan-2025 15:11:39.136)
(Source: InfoWARE Terminal, Date: 30-Jan-2025)

Dear Investor,

Daily Market Summary - January 30, 2025

Today, the Nigerian Stock Exchange (NGX) experienced a modest uptick, with the All Share Index (ASI) rising by 0.19% to close at 104,549.74. Year-to-date, the ASI has returned 1.52%. Notably, market turnover surged by 47.14%, indicating increased trading activity, with a total value of 10.55 billion Naira traded across 13,025 deals. Market breadth remained positive, with 40 advancers outpacing 29 decliners.

Significant Trends in Market Breadth:

Market Breadth: The market breadth ratio stood at 1.38x, suggesting a healthy bullish sentiment as more stocks advanced than declined.
Volume Trends: Trading volume increased to 493.01 million, up from 400.22 million in the previous session, indicating heightened investor interest.

Highlights of the Top Gainers and Losers:

Top Gainers:

CHELLARAMS PLC. (CHELLARAM): Closed at 5.94, up 10.00%.
N NIG. FLOUR MILLS PLC. (NNFM): Closed at 55.10, up 9.98%.
RED STAR EXPRESS PLC (REDSTAREX): Closed at 5.00, up 9.89%.
SKYWAY AVIATION HANDLING COMPANY PLC (SKYAVN): Closed at 40.00, up 9.89%.

Top Losers:

VETIVA S & P NIGERIA SOVEREIGN BOND ETF (VSPBONDETF): Closed at 244.00, down 27.16%.
GUINEA INSURANCE PLC. (GUINEAINS): Closed at 0.72, down 10.00%.
R T BRISCOE PLC. (RTBRISCOE): Closed at 2.70, down 9.70%.

Insights and Predictions:

Turnover Increase: The 47.14% increase in market turnover could signal renewed investor confidence, potentially leading to further upward momentum in the coming sessions.
Advancing vs. Declining Stocks: The ratio of advancing to declining stocks suggests a bullish sentiment, which may continue if the market maintains this breadth.
Unusual Volume Movements: Stocks like FBN HOLDINGS PLC (FBNH) and VERITAS KAPITAL ASSURANCE PLC (VERITASKAP) exhibited unusual trading volumes, indicating potential volatility and opportunities for traders.
YTD Trends: The top gainers for the year, such as CHELLARAMS PLC, continue to show strong momentum, while VERITAS KAPITAL ASSURANCE PLC remains a notable underperformer, down 24.52% YTD.

High Dividend Yield Stocks:

HONEYWELL FLOUR MILL PLC (HONYFLOUR), with a DivY of 74.15%, crossed above its 15-day moving average, indicating bullish momentum. This could attract income-focused investors looking for both growth and yield.

Suggestions for Traders:

Opportunities: Consider monitoring stocks with bullish momentum, particularly those that have crossed above their 15-day moving averages, such as CHELLARAMS and NNFM.
Caution: Be wary of stocks showing bearish momentum, especially those that have crossed below their 15-day moving averages, like MAY & BAKER and VSPBONDETF.

Year-To-Date (YTD) Top Gainers and Losers

Top Gainers	Symbol	Price	%ChgYTD
CHELLARAMS PLC.	CHELLARAM	5.40	60.54%
UNIVERSITY PRESS PLC.	UPL	5.12	45.45%
VITAFOAM NIG PLC.	VITAFOAM	26.45	21.29%
STANBIC IBTC HOLDINGS PLC	STANBIC	71.45	23.19%
EUNISELL INTERLINKED PLC	EUNISELL	12.54	-30.05%

Top Losers	Symbol	Price	%ChgYTD
VERITAS KAPITAL ASSURANCE PLC	VERITASKAP	1.29	-21.48%
LOTUS HALAL EQUITY ETF	LOTUSHAL15	34.70	13.00%
CONSOLIDATED HALLMARK INSURANCE PLC	CONHALLPLC	2.73	-26.39%
NEWGOLD EXCHANGE TRADED FUND (ETF)	NEWGOLD	35,000.00	21.99%
GUINEA INSURANCE PLC.	GUINEAINS	0.80	-19.10%

``` This summary provides a comprehensive overview of today's market activity, highlighting key trends, stock performances, and actionable insights for investors.

Disclaimer: This market summary has been generated using InfoWARE's advanced AI tools and data analysis techniques. While every effort has been made to ensure accuracy and reliability, this content should be used for informational purposes only and should not constitute financial advice. Always consult a professional advisor before making investment decisions.

Top ASI Gainers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
CHELLARAM	5.40	32.89	10.00	32.89	60.54	60.54	60.54
UPL	5.12	19.91	9.38	19.91	45.45	45.45	45.45
VITAFOAM	26.45	19.30	9.83	19.30	21.29	21.29	21.29
STANBIC	71.45	18.89	0.00	18.89	23.19	23.19	23.19
EUNISELL	12.54	18.25	7.50	18.25	-30.05	-30.05	-30.05
SUNUASSUR	5.82	16.40	0.00	16.40	-50.04	-50.04	-50.04
OANDO	74.50	12.76	2.01	12.76	15.50	15.50	15.50
STANBICETF30	449.00	11.08	0.00	11.08	21.68	21.68	21.68
OKOMUOIL	488.40	10.00	0.00	10.00	10.00	10.00	10.00
SCOA	4.07	10.00	0.00	10.00	97.57	97.57	97.57

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
VERITASKAP	1.29	-24.52	-9.30	-24.52	-21.48	-21.48	-21.48
LOTUSHAL15	34.70	-20.70	-2.31	-20.70	13.00	13.00	13.00
CONHALLPLC	2.73	-11.43	2.20	-11.43	-26.39	-26.39	-26.39
NEWGOLD	35,000.00	-11.24	1.44	-11.24	22.00	22.00	22.00
GUINEAINS	0.80	-11.11	-10.00	-11.11	-19.10	-19.10	-19.10
MRS	162.90	-9.95	0.00	-9.95	-25.21	-25.21	-25.21
NEIMETH	2.91	-9.84	-2.41	-9.84	13.15	13.15	13.15
LEARNAFRCA	4.50	-9.82	0.00	-9.82	0.00	0.00	0.00
CUTIX	2.50	-9.26	-2.00	-9.26	-3.16	-3.16	-3.16
ROYALEX	0.91	-9.00	0.00	-9.00	-17.27	-17.27	-17.27

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"

CHELLARAMS PLC. (CHELLARAM) topped the advancers list closing at N5.94 with a gain of 10.00% followed by HONEYWELL FLOUR MILL PLC (HONYFLOUR) which closed at N9.35 with a gain of 10.00%.

On the flip side VETIVA S & P NIGERIA SOVEREIGN BOND ETF (VSPBONDETF) and GUINEA INSURANCE PLC. (GUINEAINS) topped the decliners log with a loss of -27.16% at a close of N244.00, and -10.00% to close the day at N0.72 respectively.

Top Gainers

Symbol	LClose	%Chg
CHELLARAM	5.94	10.00
HONYFLOUR	9.35	10.00
NNFM	55.10	9.98
REDSTAREX	5.00	9.89
SKYAVN	40.00	9.89

Top Losers

Symbol	LClose	%Chg
VSPBONDETF	244.00	-27.16
GUINEAINS	0.72	-10.00
RTBRISCOE	2.70	-9.70
VERITASKAP	1.17	-9.30
MAYBAKER	8.65	-8.95

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 0.08%(-1.25) 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
HONYFLOUR	9.35	9.09	9.33	16.28	0.31	1.40	74.15B	7.35M	253.00	67.28M	30-Jan-2025 14:30:18.457
NNFM	55.10	9.07	50.89	63.46	0.55	1.44	9.82B	589.59K	51.00	32.49M	30-Jan-2025 14:30:19.350
REDSTAREX	5.00	9.00	4.96	5.93	0.74	6.12	4.77B	1.11M	25.00	5.44M	30-Jan-2025 14:30:19.727
UPDCREIT	5.75	8.70	5.50	9.09	0.57	10.87	15.34B	991.94K	18.00	5.70M	30-Jan-2025 14:30:29.757
FGSUK2032S5	100.00	4.50	95.97			0.00	0.00	5.20K	3.00	5.21M	30-Jan-2025 14:30:24.140
PRESTIGE	1.30	3.08	1.29	10.49	0.08	2.50	17.23B	5.63M	85.00	7.25M	30-Jan-2025 14:30:19.693
ETERNA	27.50	1.09	27.46	29.51	0.75	0.68	35.86B	1.04M	91.00	28.79M	30-Jan-2025 14:30:17.927
MANSARD	9.25	0.65	9.22	31.16	0.24	4.59	83.25B	1.35M	63.00	12.52M	30-Jan-2025 14:30:18.880
NGXPREMIUM	9,743.73	0.60	9,693.10	2,048.74	238.70	0.00	0.00	140.01M	2,679.00	5.29B	30-Jan-2025 14:30:25.137

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
LIVESTOCK	5.50	-7.27	5.85	0.00	0.00	2.94	16.50B	1.83M	124.00	10.34M	30-Jan-2025 14:30:18.863
DAARCOMM	0.78	-7.69	0.82	0.00	0.00	0.00	9.36B	506.18K	49.00	408.89K	30-Jan-2025 14:30:50.547
MAYBAKER	8.65	-9.83	9.21	58.94	0.14	3.75	14.92B	4.86M	188.00	42.66M	30-Jan-2025 14:30:18.897
VSPBONDETF	244.00	-37.30	262.63			0.00	0.00	1.02K	11.00	284.35K	30-Jan-2025 14:30:51.230

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
FBNH	FBN HOLDINGS PLC	83.14M	21.63M	284.37	29.10	29.25	-0.51	287	2.42B
VERITASKAP	VERITAS KAPITAL ASSURANCE PLC	39.96M	12.47M	220.33	1.17	1.29	-9.30	265	46.93M
FCMB	FCMB GROUP PLC.	22.49M	9.79M	129.73	11.00	11.45	-3.93	411	249.32M
NEIMETH	NEIMETH INTERNATIONAL PHARMACEUTICALS PLC	10.63M	1.22M	774.66	2.84	2.91	-2.41	123	28.57M
NPFMCRFBK	NPF MICROFINANCE BANK PLC	9.29M	3.60M	157.84	1.75	1.68	4.17	58	16.47M

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	278.65	0.50	0.18
Botswana Stock Exchange	10,073.63	0.00	0.00
Egyptian Exchange	29,891.61	246.06	0.83
Ghana Stock Exchange	5,151.76	2.57	0.05
Johannesburg Stock Exchange	85,314.75	869.78	1.03
Lusaka Stock Exchange	15,309.87	-56.86	-0.37
Casablanca Stock Exchange	16,106.61	194.13	1.22
Malawi Stock Exchange	214,141.32	6,297.66	3.03
Nigeria Stock Exchange	104,549.74	592.56	0.57
Nairobi Securities Exchange	130.66	-1.61	-1.22
Namibian Stock Exchange	1,775.38	1.42	0.08
Rwanda Stock Exchange	149.22	-0.19	-0.13
Tunis Stock Exchange	10,226.66	36.68	0.36
Uganda Securities Exchange	1,306.30	-0.78	-0.06

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	104,744.43	0.19	0.31	1.52	1.52	1.52	13,025
NGX30	3,884.61	0.38	0.17	1.83	1.83	1.83	5,888
NGXAFRBVI	2,735.42	-0.46	-0.99	10.26	10.26	10.26	2,045
NGXAFRHDYI	17,904.94	-0.04	-0.32	5.15	5.15	5.15	2,329
NGXASEM	1,583.71	0.00	0.00	0.00	0.00	0.00	11
NGXBNK	1,204.19	-0.47	-0.93	10.74	10.74	10.74	2,644
NGXCG	3,050.65	-0.07	-1.00	7.83	7.83	7.83	6,461
NGXCNSMRGDS	1,795.18	0.90	1.45	3.51	3.51	3.51	1,337
NGXGROWTH	8,158.69	0.91	1.32	5.10	5.10	5.10	68
NGXINDUSTR	3,265.02	1.16	-0.57	-8.58	-8.58	-8.58	779
NGXINS	713.54	0.24	-1.44	-9.24	-9.24	-9.24	1,266
NGXLOTUSISLM	7,244.34	0.38	2.87	3.97	3.97	3.97	1,538
NGXMAINBOARD	5,115.33	-0.03	1.10	2.23	2.23	2.23	10,278
NGXMERIGRW	7,388.57	-0.08	0.57	13.27	13.27	13.27	1,686
NGXMERIVAL	11,062.37	-0.63	-2.24	6.06	6.06	6.06	3,136
NGXOILGAS	2,703.05	-1.19	3.20	-0.30	-0.30	-0.30	362
NGXPENBRD	1,858.38	0.11	0.12	1.46	1.46	1.46	9,478
NGXPENSION	4,799.16	-0.11	-0.09	5.85	5.85	5.85	6,537
NGXPREMIUM	9,743.73	0.60	-1.21	0.11	0.11	0.11	2,679
NGXSOVBND	620.54	0.00	1.50	3.16	3.16	3.16	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"

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InfoWARE Analyst Daily Market Report (30-Jan-2025 15:11:39.136)

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