InfoWARE Analyst Daily Market Report (27-Feb-2025 15:08:45.379)

InfoWARE Analyst Daily Market Report (27-Feb-2025 15:08:45.379)
(Source: InfoWARE Terminal, Date: 27-Feb-2025)

Dear Investor,

Daily Market Summary - February 27, 2025

Today, the Nigerian Stock Exchange (NGX) experienced a slight dip, with the All Share Index (ASI) closing down by -0.11% at 107,798.99. Despite this minor setback, the market has shown a positive Year-To-Date (YTD) return of 4.36%. Trading volume surged to 417.76 million, reflecting a 16.44% increase in market turnover, which reached 8.72 billion Naira. Market breadth remained favorable with 34 advancers outpacing 25 decliners, indicating a generally positive sentiment among investors.

Significant Trends in Market Breadth:

Market Breadth: Advancers outnumbered decliners at a ratio of 1.36x.
Volume Trends: 74 stocks saw increased trading volumes, while 62 stocks experienced declines in volume.

Highlights of the Top Gainers and Losers:

Top Gainers:

NEWGOLD EXCHANGE TRADED FUND (ETF) (NEWGOLD): Closed at 47,998.00, up 20.00%. This ETF continues to attract investor interest, likely due to its performance in the gold market.
P Z CUSSONS NIGERIA PLC (PZ): Closed at 32.45, up 10.00%. The stock's RSI at 71.47 indicates it is nearing overbought territory, suggesting potential caution for new buyers.
HONEYWELL FLOUR MILL PLC (HONYFLOUR): Closed at 13.03, up 9.96%. The stock's recent momentum could be driven by favorable market conditions in the food sector.

Top Losers:

OANDO PLC (OANDO): Closed at 52.80, down 10.00%. The stock's RSI of 18.36 indicates it is in oversold territory, which may present a buying opportunity for contrarian investors.
FIDSON HEALTHCARE PLC (FIDSON): Closed at 17.90, down 9.60%. Despite the decline, the stock maintains a relatively strong EPS of 0.64.
ECOBANK TRANSNATIONAL INCORPORATED (ETI): Closed at 31.40, down 9.51%. The stock's RSI of 99.91 suggests it may be due for a correction.

Insights and Predictions:

Turnover Decrease Implications: The increase in turnover suggests heightened trading activity, which could indicate investor confidence despite the slight dip in the ASI.
Advancing vs. Declining Stocks: The positive breadth indicates that while the index is down, many individual stocks are performing well, suggesting selective strength in the market.
Unusual Volume Movements: Stocks like FCMB GROUP PLC and CAVERTON OFFSHORE SUPPORT GRP PLC saw significant volume spikes, indicating potential interest from institutional investors.
YTD Trends: The top gainers for the year, such as P Z CUSSONS and NEWGOLD, continue to show strong momentum, while the losers like LOTUS HALAL EQUITY ETF are experiencing significant declines, suggesting a potential shift in investor sentiment.
Bullish Momentum Stocks: Stocks like NEWGOLD and HONYFLOUR are showing bullish momentum with RSI values above 70 and positive MACD crossovers.
Bearish Momentum Stocks: Stocks like OANDO and FIDSON are in bearish territory with RSI values below 30, indicating potential further declines.

High Dividend Yield Stocks:

HONYFLOUR has a dividend yield of 103.33%, making it an attractive option for income-focused investors, especially given its recent bullish momentum.

Suggestions for Traders:

Opportunities: Consider accumulating positions in stocks like NEWGOLD and P Z CUSSONS that are showing strong momentum.
Cautions: Monitor stocks like OANDO and FIDSON closely, as they may present buying opportunities if they stabilize after recent declines.

Year-To-Date (YTD) Gainers and Losers (as of February 27, 2025)

Top Gainers	Symbol	Price	%ChgYTD
ASSOCIATED BUS COMPANY PLC	ABCTRANS	1.33	15.45%
CAVERTON OFFSHORE SUPPORT GRP PLC	CAVERTON	2.45	5.49%
P Z CUSSONS NIGERIA PLC	PZ	29.50	33.54%
NEWGOLD EXCHANGE TRADED FUND (ETF)	NEWGOLD	40,000.00	64.93%

Top Losers	Symbol	Price	%ChgYTD
LOTUS HALAL EQUITY ETF	LOTUSHAL15	39.00	-26.67%
GUINEA INSURANCE PLC	GUINEAINS	0.72	-25.84%
DAAR COMMUNICATIONS PLC	DAARCOMM	0.63	-7.35%

Market Activity Summary

Retail vs. Institutional Trade Count: Retail investors accounted for 85.96% of trade counts, while institutional investors dominated in volume at 70.61%.
Top Traded Symbols:
- Institutional: WAPCO, ZENITHBANK, ACCESSCORP
- Retail: ZENITHBANK, AFRIPRUD, ACCESSCORP
Insights: The disparity in trading volume suggests institutional investors are focusing on larger positions, while retail investors are more active in smaller trades. This could indicate a potential divergence in market sentiment.

``` This summary provides a comprehensive overview of today's market activity, highlighting key trends, stock performances, and actionable insights for both retail and institutional 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
ABCTRANS	1.33	15.45	6.77	15.45	24.56	15.45	15.45
CAVERTON	2.45	12.08	9.80	12.08	34.50	5.49	5.49
VETGRIF30	40.59	11.11	1.01	11.11	5.26	8.61	8.61
SMURFIT	0.33	10.00	0.00	10.00	65.00	65.00	65.00
PZ	29.50	10.00	10.00	10.00	44.22	33.54	33.54
UHOMREIT	44.25	9.94	0.00	9.94	20.90	20.90	20.90
REDSTAREX	7.33	9.57	0.00	9.57	46.60	66.21	66.21
MCNICHOLS	1.70	9.38	2.94	9.38	2.94	8.70	8.70
NEWGOLD	40,000.00	9.10	20.00	9.10	8.11	64.93	64.93
LIVESTOCK	6.31	7.64	9.35	7.64	36.63	55.76	55.76

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
LOTUSHAL15	39.00	-26.67	-9.74	-26.67	5.39	17.33	17.33
GUINEAINS	0.72	-16.46	-8.33	-16.46	-9.59	-25.84	-25.84
DAARCOMM	0.63	-14.86	0.00	-14.86	-19.23	-7.35	-7.35
PRESTIGE	1.20	-13.28	-7.50	-13.28	-14.62	-16.54	-16.54
SUNUASSUR	5.90	-11.68	-6.44	-11.68	-3.16	-52.62	-52.62
STANBICETF30	400.00	-10.21	0.00	-10.21	-10.91	8.40	8.40
SIAMLETF40	550.00	-10.00	-10.00	-10.00	-28.67	-38.12	-38.12
MORISON	3.25	-9.97	0.00	-9.97	-9.97	-18.95	-18.95
UPL	4.55	-9.90	0.00	-9.90	-9.72	18.18	18.18
INTENEGINS	2.13	-9.75	0.00	-9.75	10.36	13.90	13.90

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 N47,998.00 with a gain of 20.00% followed by OANDO PLC (OANDO) which closed at N52.80 with a gain of 10.00%.

On the flip side THE SIAML PENSION ETF 40 (SIAMLETF40) and LOTUS HALAL EQUITY ETF (LOTUSHAL15) topped the decliners log with a loss of -10.00% at a close of N495.00, and -9.74% to close the day at N35.20 respectively.

Top Gainers

Symbol	LClose	%Chg
NEWGOLD	47,998.00	20.00
OANDO	52.80	10.00
PZ	32.45	10.00
GREENWETF	528.65	10.00
HONYFLOUR	13.03	9.96

Top Losers

Symbol	LClose	%Chg
SIAMLETF40	495.00	-10.00
LOTUSHAL15	35.20	-9.74
FIDSON	17.90	-9.60
ETI	31.40	-9.51
GUINEAINS	0.66	-8.33

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%(-0.62) 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
NEWGOLD	47,998.00	16.66	42,632.93	0.00	0.00	0.00	0.00	11.00	3.00	486.34K	27-Feb-2025 14:31:26.030
GREENWETF	528.65	9.09	523.75			0.00	0.00	12.00	2.00	6.34K	27-Feb-2025 14:31:25.960
HONYFLOUR	13.03	9.06	12.46	16.28	0.31	1.40	103.33B	7.85M	260.00	101.63M	27-Feb-2025 14:30:41.807
FGSUK2033S6	99.00	7.06	96.94			0.00	0.00	80.15K	3.00	74.14M	27-Feb-2025 14:30:51.563
NASCON	45.00	6.67	42.55	24.28	1.33	3.09	119.22B	4.86M	157.00	209.87M	27-Feb-2025 14:30:43.300
FTNCOCOA	1.78	5.06	1.76	0.00	0.00	1.60	6.94B	3.22M	59.00	5.51M	27-Feb-2025 14:31:25.303
MERGROWTH	400.00	3.50	387.73			0.00	0.00	100.00	2.00	38.80K	27-Feb-2025 14:31:26.000

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	42.00	0.00	42.08	29.51	0.75	0.68	54.77B	679.94K	95.00	28.62M	27-Feb-2025 14:30:41.043
FGS202758	70.00	0.00	72.00			0.00	0.00	0.00	0.00	0.00	27-Feb-2025 14:30:51.147
ASI	107,675.46	-0.11	107,740.99	11.84	457.69	0.00	0.00	417.76M	10,566.00	8.72B	27-Feb-2025 14:30:52.413
WAPCO	75.00	-3.33	76.85	24.60	2.87	2.70	1,208.08B	11.30M	357.00	831.59M	27-Feb-2025 14:31:26.620
INTBREW	5.45	-4.59	5.62	0.00	0.00	6.23	146.40B	1.05M	23.00	5.68M	27-Feb-2025 14:30:42.167
WAPIC	2.57	-5.06	2.60	72.55	0.02	2.56	61.66B	386.54K	30.00	1.00M	27-Feb-2025 14:30:45.627
ETI	31.40	-10.51	33.61	5.00	5.10	2.00	576.18B	220.10K	26.00	6.89M	27-Feb-2025 14:30:41.060
FIDSON	17.90	-10.61	19.67	22.54	0.64	4.14	41.08B	264.85K	58.00	4.80M	27-Feb-2025 14:30:41.280
LOTUSHAL15	35.20	-10.80	37.76			0.00	0.00	145.00	4.00	5.41K	27-Feb-2025 14:31:25.977

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
FCMB	FCMB GROUP PLC.	102.27M	11.34M	801.75	10.50	10.50	0.00	197	1.06B
JAIZBANK	JAIZ BANK PLC	24.40M	11.20M	117.80	3.38	3.38	0.00	164	82.02M
CAVERTON	CAVERTON OFFSHORE SUPPORT GRP PLC	20.92M	2.21M	845.62	2.69	2.45	9.80	210	54.60M
WAPCO	LAFARGE WAPCO PLC.	11.30M	5.35M	111.34	75.00	77.50	-3.23	357	831.59M
AFRIPRUD	AFRICA PRUDENTIAL REGISTRARS PLC	11.26M	3.06M	267.48	33.80	33.30	1.50	582	382.79M

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	290.47	0.87	0.30
Botswana Stock Exchange	10,103.25	0.00	0.00
Egyptian Exchange	30,631.95	-21.46	-0.07
Ghana Stock Exchange	5,622.92	0.00	0.00
Johannesburg Stock Exchange	88,321.76	570.38	0.65
Lusaka Stock Exchange	15,415.41	-4.63	-0.03
Casablanca Stock Exchange	17,086.65	149.05	0.88
Malawi Stock Exchange	274,555.15	1,664.63	0.61
Nigeria Stock Exchange	107,798.99	21.56	0.02
Nairobi Securities Exchange	132.64	-0.63	-0.47
Namibian Stock Exchange	1,792.38	24.40	1.38
Rwanda Stock Exchange	148.89	0.00	0.00
Tunis Stock Exchange	10,613.60	82.15	0.78
Uganda Securities Exchange	1,312.11	7.83	0.60

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	107,675.46	-0.11	-0.42	2.91	4.36	4.36	10,566
NGX30	4,002.05	-0.16	-0.45	3.07	4.91	4.91	5,553
NGXAFRBVI	2,641.36	-0.05	-1.23	-1.70	6.47	6.47	1,966
NGXAFRHDYI	17,555.86	0.05	-0.47	-1.24	3.10	3.10	2,087
NGXASEM	1,586.57	0.00	0.04	0.18	0.18	0.18	13
NGXBNK	1,167.56	-0.75	-1.51	-1.52	7.37	7.37	2,540
NGXCG	3,048.77	-0.14	-0.49	0.50	7.76	7.76	6,027
NGXCNSMRGDS	1,847.35	-0.17	0.20	2.74	6.51	6.51	1,381
NGXGROWTH	7,856.12	0.11	-0.11	-5.07	1.20	1.20	42
NGXINDUSTR	3,619.91	-0.43	-0.44	10.90	1.35	1.35	763
NGXINS	717.22	-0.92	-3.61	0.46	-8.77	-8.77	804
NGXLOTUSISLM	7,691.78	-0.05	-0.21	4.67	10.39	10.39	1,475
NGXMAINBOARD	5,134.04	-0.06	-0.53	0.59	2.60	2.60	7,801
NGXMERIGRW	7,280.88	0.08	-0.52	-1.72	11.61	11.61	1,598
NGXMERIVAL	10,876.44	-0.20	-0.62	-0.86	4.28	4.28	2,993
NGXOILGAS	2,517.87	0.88	-0.85	-5.66	-7.13	-7.13	276
NGXPENBRD	1,924.09	-0.15	-0.29	3.49	5.05	5.05	8,906
NGXPENSION	4,824.20	-0.49	-0.86	0.70	6.40	6.40	6,678
NGXPREMIUM	10,478.11	-0.21	-0.21	7.42	7.66	7.66	2,723
NGXSOVBND	626.76	0.59	0.59	1.03	4.19	4.19	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"