InfoWARE Analyst Daily Market Report (20-Feb-2025 15:08:43.384)

InfoWARE Analyst Daily Market Report (20-Feb-2025 15:08:43.384)
(Source: InfoWARE Terminal, Date: 20-Feb-2025)

Dear Investor,

Daily Market Summary - February 20, 2025

Today, the Nigerian Stock Exchange (NGX) experienced a slight dip, with the All Share Index (ASI) closing down by -0.04% at 108,609.51. Despite this minor setback, the market has shown a 5.22% increase year-to-date, indicating a generally positive trend for the year thus far. Trading volume saw a notable increase, rising to 416.37 million shares, although market turnover decreased by -4.61% to 7.87 billion Naira. The market breadth remained positive with 36 advancers outpacing 29 decliners, suggesting a resilient underlying demand for equities.

Significant Trends in Market Breadth:

Market Breadth: Positive with a ratio of 1.24x (36 advancers vs. 29 decliners).
Volume Trends: Increased trading volume for 72 listed companies, while 69 saw declines.
Turnover Decrease: A -4.61% drop in market turnover could indicate cautious sentiment among investors.

Highlights of the Top Gainers and Losers:

Top Gainers:

FG212035S1: Closed at 112.00, up 12.00%.
LOTUS HALAL EQUITY ETF: Closed at 43.96, up 9.98%.
UNIVERSITY PRESS PLC: Closed at 5.05, up 9.78%.
SOVEREIGN TRUST INSURANCE PLC: Closed at 1.26, up 9.57%.
REGENCY ALLIANCE INSURANCE COMPANY PLC: Closed at 0.71, up 7.58%.

Top Losers:

ABBEY BUILDING SOCIETY PLC: Closed at 3.41, down 10.00%.
NEWGOLD ETF: Closed at 39,500, down -11.63%.
UNION DICON SALT PLC: Closed at 6.00, down -9.77%.
DEAP CAPITAL MANAGEMENT & TRUST PLC: Closed at 0.92, down -7.07%.
COMPUTER WAREHOUSE GROUP PLC: Closed at 8.20, down -5.75%.

Insights and Predictions:

Turnover Decrease: The -4.61% decrease in turnover may suggest a cautious approach from investors, potentially due to external economic factors or profit-taking after recent gains.
Advancing vs. Declining Stocks: The positive breadth indicates that while some stocks are under pressure, there is still significant buying interest in others, particularly in sectors like insurance and ETFs.
Unusual Volume Movements: Stocks like ELLAH LAKES PLC and UNION DICON SALT PLC showed unusual volume, with ELLAH LAKES trading 136.68 million shares, significantly above its 90-day average of 6.06 million. This could indicate a potential shift in investor sentiment or news affecting these companies.
YTD Trends: The LOTUS HALAL EQUITY ETF continues to lead YTD gains with a 46.53% increase, suggesting strong investor confidence in this fund. Conversely, UNION DICON SALT PLC has seen a -16.67% decline YTD, indicating potential challenges in its operational environment.

High Dividend Yield Stocks:

SOVEREIGN TRUST INSURANCE PLC: With a dividend yield of 2.18%, this stock is showing bullish momentum and could be an attractive option for income-focused investors.
UNION DICON SALT PLC: Despite its recent losses, it has a dividend yield that may appeal to investors looking for income, but caution is advised given its bearish momentum.

Suggestions for Traders:

Opportunities: Consider monitoring stocks that have crossed above their 15-day moving averages, such as UNIVERSITY PRESS PLC and INTERNATIONAL ENERGY INSURANCE, as they may present buying opportunities.
Cautions: Be wary of stocks showing bearish momentum, particularly those that have crossed below their 15-day moving averages, like JAIZ BANK PLC and NEWGOLD ETF. These may continue to face selling pressure.

Year-To-Date (YTD) Gainers and Losers

Top Gainers	%ChgYTD	Top Losers	%ChgYTD
LOTUS HALAL EQUITY ETF	46.53%	UNION DICON SALT PLC	-16.67%
CONSOLIDATED HALLMARK INSURANCE PLC	1.32%	VETIVA S & P NIGERIA SOVEREIGN BOND ETF	-31.43%
SUNU ASSURANCES NIGERIA PLC	-42.15%	NEWGOLD ETF	35.73%
FG212035S1	12.00%	OMATEK VENTURES PLC	-6.25%
BUA FOODS PLC	0.72%	ROYAL EXCHANGE PLC	-19.09%

In summary, while the market faced a slight decline today, the overall year-to-date performance remains positive. Investors should remain vigilant, particularly with stocks showing unusual volume and those crossing key moving averages, as these could signal potential trading opportunities or risks.

``` This summary provides a comprehensive overview of the market's performance, highlighting key trends, insights, and actionable suggestions for both retail investors and professional traders.

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
LOTUSHAL15	39.97	33.05	9.98	33.05	31.62	46.53	46.53
CONHALLPLC	3.76	13.61	2.13	13.61	14.63	1.32	1.32
SUNUASSUR	6.92	13.28	-2.60	13.28	18.25	-42.15	-42.15
FG212035S1	100.00	12.00	12.00	12.00	12.00	12.00	12.00
BUAFOODS	410.50	11.91	1.83	11.91	0.72	0.72	0.72
ABBEYBDS	3.10	10.00	10.00	10.00	10.00	13.67	13.67
CORNERST	3.40	8.63	0.00	8.63	-0.58	-14.14	-14.14
SOVRENINS	1.15	8.62	9.57	8.62	20.00	2.44	2.44
NEIMETH	3.18	8.44	5.03	8.44	26.04	33.07	33.07
RTBRISCOE	2.63	7.60	2.28	7.60	-0.37	-2.18	-2.18

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
UNIONDICON	6.65	-26.38	-9.77	-26.38	-20.00	-16.67	-16.67
VSPBONDETF	243.20	-25.00	-1.32	-25.00	-1.64	-31.43	-31.43
NEWGOLD	44,700.00	-11.63	-11.63	-11.63	-11.03	35.73	35.73
OMATEK	0.75	-10.71	0.00	-10.71	2.74	-6.25	-6.25
SIAMLETF40	630.00	-10.57	-0.63	-10.57	-9.80	-21.75	-21.75
ROYALEX	0.90	-10.10	-1.11	-10.10	-10.10	-19.09	-19.09
DAARCOMM	0.64	-10.00	-1.56	-10.00	-19.23	-7.35	-7.35
ELLAHLAKES	3.22	-9.83	-0.31	-9.83	4.90	6.64	6.64
CADBURY	29.10	-9.06	0.00	-9.06	32.27	35.35	35.35
CWG	8.70	-8.89	-5.75	-8.89	9.33	10.07	10.07

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"

FG212035S1 (FG212035S1) topped the advancers list closing at N112.00 with a gain of 12.00% followed by ABBEY BUILDING SOCIETY PLC (ABBEYBDS) which closed at N3.41 with a gain of 10.00%.

On the flip side NEWGOLD EXCHANGE TRADED FUND (ETF) (NEWGOLD) and UNION DICON SALT PLC. (UNIONDICON) topped the decliners log with a loss of -11.63% at a close of N39,500.00, and -9.77% to close the day at N6.00 respectively.

Top Gainers

Symbol	LClose	%Chg
FG212035S1	112.00	12.00
ABBEYBDS	3.41	10.00
LOTUSHAL15	43.96	9.98
UPL	5.05	9.78
SOVRENINS	1.26	9.57

Top Losers

Symbol	LClose	%Chg
NEWGOLD	39,500.00	-11.63
UNIONDICON	6.00	-9.77
DEAPCAP	0.92	-7.07
CWG	8.20	-5.75
Ikejahotel	11.90	-5.56

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 0.22%(3.38) 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
UPL	5.05	8.91	5.04	7.13	0.59	0.60	2.18B	794.30K	33.00	3.85M	20-Feb-2025 14:30:28.373
INTENEGINS	2.36	6.36	2.25	0.52	2.85	3.40	3.03B	2.08M	36.00	4.62M	20-Feb-2025 14:30:26.530
LINKASSURE	1.45	4.83	1.44	59.89	0.02	5.56	20.30B	1.01M	30.00	1.47M	20-Feb-2025 14:30:26.790
GREENWETF	534.00	3.56	527.13			0.00	0.00	27.00	4.00	14.42K	20-Feb-2025 14:30:56.373
NGXSOVBND	621.62	0.20	620.48	0.00	0.00	0.00	0.00	0.00	0.00	0.00	20-Feb-2025 14:30:34.560

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
JAIZBANK	3.40	0.00	3.41	83.05	0.03	1.67	117.44B	17.40M	238.00	58.59M	20-Feb-2025 14:30:26.567
NGXCOMMDTY	1,008.43	-0.50	1,011.79			0.00	0.00	0.00	0.00	0.00	20-Feb-2025 14:30:34.300
NGXCG	3,107.16	-0.75	3,115.81	443.35	327.97	0.00	0.00	149.55M	6,563.00	5.44B	20-Feb-2025 14:30:34.260
NGXMERIVAL	11,164.45	-0.94	11,263.28	12.13	38.38	0.00	0.00	81.52M	3,336.00	2.76B	20-Feb-2025 14:30:34.450
UCAP	22.60	-1.33	22.82	19.15	0.93	5.03	135.60B	9.10M	294.00	205.83M	20-Feb-2025 14:30:28.220
ACCESSCORP	26.90	-2.23	27.49	8.56	2.81	1.87	956.17B	13.62M	599.00	370.03M	20-Feb-2025 14:30:56.670
NB	34.00	-2.94	34.34	16.95	1.60	3.79	349.39B	1.92M	141.00	65.87M	20-Feb-2025 14:30:55.913
MANSARD	9.10	-3.85	9.33	31.16	0.24	4.59	81.90B	1.36M	56.00	12.38M	20-Feb-2025 14:30:26.823
IKEJAHOTEL	11.90	-5.88	12.21	51.55	0.16	0.94	24.74B	701.59K	54.00	8.25M	20-Feb-2025 14:30:26.303
CWG	8.20	-6.10	8.35	0.00	0.00	2.46	20.70B	658.28K	47.00	5.42M	20-Feb-2025 14:30:25.267
FGSUK2032S5	98.00	-8.11	100.42			0.00	0.00	5.00	1.00	4.90K	20-Feb-2025 14:30:33.617
NEWGOLD	39,500.00	-13.16	42,853.50	0.00	0.00	0.00	0.00	7.00	3.00	276.50K	20-Feb-2025 14:30:56.443

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
ELLAHLAKES	ELLAH LAKES PLC.	136.68M	6.06M	2,155.70	3.21	3.22	-0.31	172	440.16M
DAARCOMM	DAAR COMMUNICATIONS PLC	8.70M	1.76M	393.70	0.63	0.64	-1.56	65	5.58M
OMATEK	OMATEK VENTURES PLC	5.50M	2.35M	133.53	0.75	0.75	0.00	33	4.14M
TIP	THE INITIATES PLC	2.86M	1.22M	134.73	4.30	4.01	7.23	45	12.37M
UNIONDICON	UNION DICON SALT PLC.	2.14M	60.18K	3,456.50	6.00	6.65	-9.77	53	14.14M

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	287.74	1.80	0.63
Botswana Stock Exchange	10,067.39	2.01	0.02
Egyptian Exchange	30,875.28	287.52	0.94
Ghana Stock Exchange	5,510.82	97.97	1.81
Johannesburg Stock Exchange	88,341.88	-721.41	-0.81
Lusaka Stock Exchange	15,422.93	-21.62	-0.14
Casablanca Stock Exchange	16,869.61	163.72	0.98
Malawi Stock Exchange	252,335.93	2,893.53	1.16
Nigeria Stock Exchange	108,609.51	936.75	0.87
Nairobi Securities Exchange	133.86	1.13	0.85
Namibian Stock Exchange	1,764.89	-17.29	-0.97
Rwanda Stock Exchange	148.89	0.00	0.00
Tunis Stock Exchange	10,412.68	24.93	0.24
Uganda Securities Exchange	1,299.29	-5.74	-0.44

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	108,568.50	-0.04	0.58	3.76	5.22	5.22	12,738
NGX30	4,039.63	0.03	0.72	4.04	5.89	5.89	6,693
NGXAFRBVI	2,729.74	-0.98	-2.22	1.59	10.04	10.04	2,322
NGXAFRHDYI	17,887.69	-0.65	-0.88	0.63	5.05	5.05	2,702
NGXASEM	1,585.91	0.03	0.03	0.14	0.14	0.14	8
NGXBNK	1,209.39	-0.68	-2.29	2.01	11.22	11.22	2,912
NGXCG	3,107.16	-0.74	-1.88	2.42	9.82	9.82	6,563
NGXCNSMRGDS	1,834.83	0.69	4.47	2.05	5.79	5.79	1,535
NGXGROWTH	7,889.06	0.30	-0.35	-4.67	1.63	1.63	69
NGXINDUSTR	3,635.07	0.01	-0.17	11.36	1.78	1.78	1,066
NGXINS	752.39	0.53	3.47	5.39	-4.30	-4.30	814
NGXLOTUSISLM	7,701.08	0.03	1.13	4.80	10.52	10.52	2,126
NGXMAINBOARD	5,168.90	0.08	1.41	1.27	3.30	3.30	9,384
NGXMERIGRW	7,450.63	0.28	-1.04	0.57	14.22	14.22	1,624
NGXMERIVAL	11,164.45	-0.93	-2.33	1.76	7.04	7.04	3,336
NGXOILGAS	2,561.30	-1.03	-1.24	-4.03	-5.53	-5.53	402
NGXPENBRD	1,936.37	-0.04	0.68	4.15	5.72	5.72	9,575
NGXPENSION	4,910.08	-0.34	-0.95	2.49	8.29	8.29	7,419
NGXPREMIUM	10,593.67	-0.25	-0.87	8.60	8.84	8.84	3,285
NGXSOVBND	621.62	0.20	0.20	0.20	3.34	3.34	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"