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InfoWARE Analyst Daily Market Report (19-Feb-2025 15:07:39.715)
(Source: InfoWARE Terminal, Date: 19-Feb-2025)
Dear Investor,

Daily Market Summary - February 19, 2025

Today, the Nigerian Stock Exchange (NGX) experienced a modest uptick, with the All Share Index (ASI) rising by 0.87% to close at 107,670.98. Year-to-date, the ASI has returned 5.26%, reflecting a generally positive sentiment in the market despite some volatility. However, trading volume decreased significantly, with a turnover of ?8.25 billion, down 23.07% from the previous day. Market breadth was slightly negative, with 27 advancers and 30 decliners, indicating a mixed performance across sectors.

Significant Trends in Market Breadth:

  • Market Breadth: The market breadth stood at 0.90x, suggesting a slight bearish sentiment as more stocks declined than advanced.
  • Volume Trends: Trading volume decreased, with 339.98 million shares exchanged today compared to 392.10 million yesterday, indicating reduced investor activity.
  • Advancing vs. Declining Stocks: A total of 69 stocks advanced while 70 stocks declined, highlighting a competitive market environment.

Highlights of the Top Gainers and Losers:

Top Gainers:

  • LOTUS HALAL EQUITY ETF (LOTUSHAL15): Closed at ?39.97, up 9.99%. The ETF shows strong momentum with an RSI of 54.83, indicating a balanced buying pressure.
  • BUA FOODS PLC (BUAFOODS): Closed at ?410.50, up 9.91%. Despite today's gain, the stock has shown volatility with a low RSI of 4.03, suggesting it may be oversold.
  • R T BRISCOE PLC (RTBRISCOE): Closed at ?2.63, up 6.91%. The stock's RSI of 44.21 indicates it is approaching neutral territory.

Top Losers:

  • VETIVA S & P NIGERIA SOVEREIGN BOND ETF (VSPBONDETF): Closed at ?243.20, down -24.00%. The stock has a high RSI of 55.81, indicating potential overbought conditions prior to the drop.
  • UNIVERSITY PRESS PLC (UPL): Closed at ?4.60, down -9.80%. The RSI of 59.75 suggests it may still have room for further declines.
  • INTERNATIONAL ENERGY INSURANCE COMPANY PLC (INTENEGINS): Closed at ?2.21, down -9.80%. The stock's RSI of 64.93 indicates it may be nearing overbought territory.

Insights and Predictions:

  • Turnover Decrease: The 23.07% drop in market turnover could signal a cautious approach from investors, possibly due to uncertainty in the broader economic environment.
  • Advancing and Declining Stocks: The slight edge in decliners suggests that while some sectors are performing well, others are struggling, indicating a selective investment approach.
  • Unusual Volume Movements: Stocks like FIDELITY BANK PLC and BUA CEMENT PLC showed unusual trading volumes, suggesting potential interest or news that could impact future performance.
  • YTD Trends: Notably, BUA FOODS appears in both the top gainers and the YTD top gainers list, indicating strong investor confidence despite recent volatility.

High Dividend Yield Stocks:

  • BUA FOODS PLC has a dividend yield of 1.39%, which, combined with its recent performance, may attract income-focused investors looking for stability amidst market fluctuations.

Suggestions for Traders:

  • Opportunities: Consider monitoring LOTUS HALAL EQUITY ETF for potential further gains, as it shows strong bullish momentum.
  • Cautions: Be wary of stocks like VETIVA S & P NIGERIA SOVEREIGN BOND ETF, which have shown significant declines and may continue to face selling pressure.

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

Name Symbol Price %Chg5Dys %Chg1Dy %ChgWTD %ChgMTD %ChgQTD %ChgYTD
WAPIC INSURANCE PLC WAPIC 2.7000 10.61% 0.37% 6.27% 8.84% 9.72% 9.72%
BUA FOODS PLC BUAFOODS 373.50 9.91% 9.91% 9.91% -1.08% -1.08% -1.08%
NIGERIAN ENAMELWARE PLC ENAMELWA 23.20 9.43% 0.00% 0.00% 9.43% 20.21% 20.21%
LOTUS HALAL EQUITY ETF LOTUSHAL15 36.34 8.91% 9.99% 20.97% 19.67% 33.23% 33.23%
SUNU ASSURANCES NIGERIA PLC SUNUASSUR 6.52 7.96% 6.14% 16.30% 21.40% -40.60% -40.60%
Name Symbol Price %Chg5Dys %Chg1Dy %ChgWTD %ChgMTD %ChgQTD %ChgYTD
VETIVA S & P NIGERIA SOVEREIGN BOND ETF VSPBONDETF 320.00 -26.30% -24.00% -24.00% -0.33% -30.51% -30.51%
UNION DICON SALT PLC UNIONDICON 7.35 -16.88% -9.52% -18.40% -11.33% -7.64% -7.64%
UPDC PLC UPDC 3.10 -16.67% 1.61% -7.62% 65.79% 82.08% 82.08%
REGENCY ALLIANCE INSURANCE COMPANY PLC REGALINS 0.71 -14.29% -7.04% -7.04% -2.94% -17.50% -17.50%
ELLah LAKES PLC ELLahLAKES 3.31 -13.90% -2.72% -9.55% 5.23% 6.98% 6.98%
``` This summary provides a comprehensive overview of today's market performance, highlighting key trends, stock movements, and 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

SymbolPrice%Chg5Dys%Chg1Dy%ChgWTD%ChgMTD%ChgQTD%ChgYTD
WAPIC2.7010.610.376.278.849.729.72
BUAFOODS373.509.919.919.91-1.08-1.08-1.08
ENAMELWA23.209.430.000.009.4320.2120.21
LOTUSHAL1536.348.919.9920.9719.6733.2333.23
SUNUASSUR6.527.966.1416.3021.40-40.60-40.60
SMURFIT0.287.690.000.0040.0040.0040.00
NB35.806.06-2.23-3.581.459.389.38
CUTIX2.653.59-1.89-0.766.122.772.77
NEIMETH3.353.25-5.073.2520.0026.6926.69
CONHALLPLC3.713.011.3511.2412.24-0.79-0.79

Top ASI Losers Over Last 5 Trading Days

SymbolPrice%Chg5Dys%Chg1Dy%ChgWTD%ChgMTD%ChgQTD%ChgYTD
VSPBONDETF320.00-26.30-24.00-24.00-0.33-30.51-30.51
UNIONDICON7.35-16.88-9.52-18.40-11.33-7.64-7.64
UPDC3.10-16.671.61-7.6265.7982.0882.08
REGALINS0.71-14.29-7.04-7.04-2.94-17.50-17.50
ELLAHLAKES3.31-13.90-2.72-9.555.236.986.98
Ikejahotel12.60-10.000.000.0014.552.022.02
OANDO63.00-10.000.00-1.72-8.03-4.26-4.26
ACADEMY3.20-9.91-6.25-6.250.00-4.76-4.76
VFDGROUP52.40-9.660.000.0018.0218.0218.02
OMATEK0.80-9.64-6.25-10.712.74-6.25-6.25

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"


LOTUS HALAL EQUITY ETF (LOTUSHAL15) topped the advancers list closing at N39.97 with a gain of 9.99% followed by BUA FOODS PLC (BUAFOODS) which closed at N410.50 with a gain of 9.91%.

On the flip side VETIVA S & P NIGERIA SOVEREIGN BOND ETF (VSPBONDETF) and UNIVERSITY PRESS PLC. (UPL) topped the decliners log with a loss of -24.00% at a close of N243.20, and -9.80% to close the day at N4.60 respectively.

Top Gainers
SymbolLClose%Chg
LOTUSHAL1539.979.99
BUAFOODS410.509.91
RTBRISCOE2.636.91
ETERNA42.506.25
SUNUASSUR6.926.13
Top Losers
SymbolLClose%Chg
VSPBONDETF243.20-24.00
UPL4.60-9.80
INTENEGINS2.21-9.80
UNIONDICON6.65-9.52
MCNICHOLS1.60-8.57

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 0.11%(1.65) 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
FGS20266395.0025.2693.130.000.00490.001.00465.50K19-Feb-2025 14:30:40.063
BUAFOODS410.509.01406.400.000.001.397,389.00B706.31K225.00275.21M19-Feb-2025 14:30:25.220
VERITASKAP1.235.691.1948.770.024.1717.06B6.27M86.007.54M19-Feb-2025 14:30:33.210
CILEASING3.965.303.926.500.641.203.10B913.41K26.003.58M19-Feb-2025 14:30:25.567
NGXCNSMRGDS1,822.344.001,792.2530.1955.240.000.0019.76M1,439.00779.57M19-Feb-2025 14:30:42.487
CORNERST3.401.473.398.620.355.2861.77B1.08M41.003.64M19-Feb-2025 14:30:25.643
NGXMAINBOARD5,164.901.455,135.3412.90225.050.000.00233.70M8,511.004.15B19-Feb-2025 14:30:42.693
UCAP22.901.3122.8119.150.935.03137.40B6.80M312.00156.24M19-Feb-2025 14:30:32.417
FGS202766100.000.0098.000.000.000.000.000.0019-Feb-2025 14:30:40.440


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
GTCO62.850.0062.877.497.101.881,849.75B5.24M270.00329.88M19-Feb-2025 14:30:26.793
NGXAFRBVI2,756.81-0.362,766.923.1435.500.000.00104.76M2,774.003.75B19-Feb-2025 14:30:42.400
NGXBNK1,217.73-0.611,223.446.1034.650.000.00176.76M3,409.004.47B19-Feb-2025 14:30:42.443
FBNH31.05-1.6131.5311.322.331.521,114.55B2.69M273.0083.75M19-Feb-2025 14:31:17.003
ACADEMY3.00-6.673.070.000.003.512.27B739.27K18.002.22M19-Feb-2025 14:30:19.697
JOHNHOLT7.00-7.717.498.800.911.252.72B248.47K12.001.74M19-Feb-2025 14:30:27.587
STANBICETF30450.00-8.67475.530.000.0039.003.0017.55K19-Feb-2025 14:31:16.867
MCNICHOLS1.60-9.381.7126.800.055.881.15B510.68K25.00861.53K19-Feb-2025 14:31:22.337
INTENEGINS2.21-10.862.220.522.853.402.84B1.24M23.002.76M19-Feb-2025 14:30:27.287
VSPBONDETF243.20-31.58281.080.000.002.40K6.00594.96K19-Feb-2025 14:31:16.920


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
FIDELITYBKFIDELITY BANK PLC50.69M17.76M185.3419.0019.05-0.26497962.54M
BUACEMENTBUA CEMENT PLC2.07M686.85K201.9093.0093.000.00298174.39M
INTENEGINSINTERNATIONAL ENERGY INSURANCE COMPANY PLC1.24M468.65K165.412.212.45-9.80232.76M
ACADEMYACADEMY PRESS PLC.739.27K307.24K140.613.003.20-6.25182.22M
UNIONDICONUNION DICON SALT PLC.617.70K50.37K1,126.286.657.35-9.52114.11M


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
HONYFLOUR1.4016.280.310.9993.645.260.01
FIDELITYBK5.4813.241.170.8911.765.260.11
NB3.7916.951.600.799.385.260.21
WAPIC2.5672.550.020.769.725.260.24
UNILEVER2.8167.090.400.759.585.260.25
HMCALL0.000.000.00-0.7420.535.260.26
VETGOODS0.000.719.305.260.29
VETGRIF300.000.715.965.260.29
NEM6.5224.990.370.698.335.260.31
NAHCO6.6692.980.410.6535.315.260.35


African Markets
NameLCloseChange%Chg
BRVM Stock Exchange285.931.200.42
Botswana Stock Exchange10,065.462.010.02
Egyptian Exchange30,587.81152.180.50
Johannesburg Stock Exchange89,061.67662.990.75
Lusaka Stock Exchange15,444.2223.130.15
Malawi Stock Exchange249,442.732,200.460.89
Nigeria Stock Exchange107,670.98-269.85-0.25
Nairobi Securities Exchange132.730.820.62
Namibian Stock Exchange1,782.22-10.40-0.58
Rwanda Stock Exchange148.89-0.40-0.27
Tunis Stock Exchange10,387.7048.590.47
Uganda Securities Exchange1,305.039.330.72
Nigeria Market Indexes
SymbolLClose%ChgWTD%MTD%QTD%YTD%MktCapTrades
ASI108,609.510.870.623.805.265.2612,374
NGX304,038.230.930.694.015.865.866,991
NGXAFRBVI2,756.81-0.36-1.252.5911.1311.132,774
NGXAFRHDYI18,004.260.06-0.241.285.745.742,269
NGXASEM1,585.470.000.000.110.110.113
NGXBNK1,217.73-0.61-1.622.7111.9811.983,409
NGXCG3,130.40-0.35-1.143.1910.6410.646,941
NGXCNSMRGDS1,822.344.163.761.355.075.071,439
NGXGROWTH7,865.28-0.20-0.65-4.961.321.32103
NGXINDUSTR3,634.610.00-0.1811.351.761.76883
NGXINS748.460.292.934.84-4.80-4.80883
NGXLOTUSISLM7,699.011.141.114.7710.4910.492,038
NGXMAINBOARD5,164.901.471.331.203.223.228,511
NGXMERIGRW7,429.94-0.75-1.310.2913.9013.901,471
NGXMERIVAL11,269.07-0.47-1.412.728.048.043,862
NGXOILGAS2,587.980.03-0.21-3.03-4.54-4.54411
NGXPENBRD1,937.060.950.714.195.765.7610,002
NGXPENSION4,927.05-0.08-0.612.858.678.677,612
NGXPREMIUM10,619.75-0.18-0.628.879.119.113,760
NGXSOVBND620.400.000.000.003.143.140

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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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.
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