InfoWARE AI Analyst Daily Market Report: 10-Mar-2025

InfoWARE AI Analyst Daily Market Report: 10-Mar-2025
(Source: InfoWARE Terminal, Date: 10-Mar-2025)

Dear Investor,

Welcome to today's market summary for the Nigerian Stock Exchange (NGX) on March 10, 2025. The NGX ASI (All Share Index) experienced a slight uptick of 0.08%, closing at 106,538.60, with year-to-date returns now at 3.34%. Today's trading volume increased to 354.99 million shares, reflecting a significant rise in market turnover, which surged by 82.66% to 17.20 billion Naira. Market breadth was positive, with 36 advancers outpacing 30 decliners, indicating a healthy interest in equities.

Market Breadth: The market breadth stood at 1.20x, with 36 advancers and 30 decliners, suggesting a bullish sentiment among investors.
Top Gainers:
- ETERNA PLC (ETERNA): Closed at 37.55, up 9.96%
- TRANSNATIONAL CORPORATION OF NIGERIA PLC (TRANSCORP): Closed at 51.55, up 9.91%
- FCMB GROUP PLC (FCMB): Closed at 10, up 9.89%
- AFRICA PRUDENTIAL REGISTRARS PLC (AFRIPRUD): Closed at 36.25, up 9.85%
- ASSOCIATED BUS COMPANY PLC (ABCTRANS): Closed at 1.63, up 8.67%
Top Losers:
- STANBIC IBTC ETF 30 (STANBICETF30): Closed at 396, down -9.99%
- VFD GROUP PLC (VFDGROUP): Closed at 47.2, down -9.92%
- INTERNATIONAL ENERGY INSURANCE COMPANY PLC (INTENEGINS): Closed at 1.78, down -8.72%
- NEWGOLD EXCHANGE TRADED FUND (ETF): Closed at 39000.01, down -8.66%
- CADBURY NIGERIA PLC (CADBURY): Closed at 23, down -8.00%

Insights and Predictions

Turnover Increase: The significant increase in market turnover by 82.66% suggests heightened investor activity, potentially indicating bullish sentiment.
Advancing vs. Declining Stocks: The ratio of advancing to declining stocks (1.20x) reflects a positive market sentiment, which could lead to further upward momentum if sustained.
Unusual Volume Movements: Stocks like AFRIPRUD and FIDELITYBK showed unusual trading volumes, indicating strong investor interest that could lead to price adjustments.
YTD Trends: Notably, stocks like AFRIPRUD have shown strong performance year-to-date, with a YTD change of 60.40%, suggesting continued bullish momentum.

Contrarian Signals

CHAMPION BREW. PLC. (CHAMPION) presents a conflicting indicator with an RSI of 54.4 and a bullish MACD, despite a YTD decline of -9.8%. This could indicate a potential reversal or a buying opportunity for contrarian investors.

Sector Heatmaps

Sector	Performance	Institutional Activity	Retail Activity
Banking	+1.5%	High	Moderate
Food Products	+2.0%	Moderate	High
Insurance	-1.0%	Low	Low

Dividend-Beta Matrix

Stock	Dividend Yield	Beta
AFRIPRUD	1.27%	0.64
CADBURY	0.64%	0.64

Institutional Clustering Alerts

ZENITHBANK has seen a significant institutional trade value share of 20.17%, indicating strong institutional interest that could drive future price movements.

High Dividend Yield Stocks

AFRIPRUD, with a dividend yield of 1.27%, is also showing bullish momentum, making it a potential defensive play for investors seeking income and growth.

Suggestions for Traders

Monitor stocks with unusual volume for potential breakout opportunities.
Consider taking positions in stocks like AFRIPRUD that show both strong YTD performance and bullish momentum indicators.
Be cautious with stocks showing bearish momentum, particularly those with declining RSI and MACD signals.

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	%ChgMTD	%ChgQTD	%ChgYTD
AFRIPRUD	33.00	30.16	9.85	13.10	60.40	60.40
TANTALIZER	2.59	27.31	6.18	32.21	22.22	22.22
LIVESTOCK	8.35	23.59	7.31	19.31	102.26	102.26
SCOA	3.78	18.31	7.67	18.31	97.57	97.57
MAYBAKER	7.95	17.14	3.14	0.00	-12.77	-12.77
DANGSUGAR	37.00	15.94	8.11	0.00	23.08	23.08
UCAP	19.95	13.89	2.76	2.50	-8.48	-8.48
CAVERTON	2.60	11.51	8.08	-3.10	10.20	10.20
FTNCOCOA	1.62	11.18	4.32	-3.98	-10.11	-10.11
AIICO	1.60	10.81	2.50	-2.96	4.46	4.46

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgMTD	%ChgQTD	%ChgYTD
VSPBONDETF	187.10	-37.63	0.00	2.80	-46.54	-46.54
SIAMLETF40	270.90	-11.97	5.57	-28.68	-64.25	-64.25
REDSTAREX	5.94	-10.00	0.00	-10.00	34.69	34.69
VFDGROUP	52.40	-9.92	-9.92	-9.92	6.31	6.31
Ikejahotel	10.70	-9.70	0.00	-1.83	-13.36	-13.36
CHAMPION	3.99	-8.33	-3.51	-11.09	1.05	1.05
INTENEGINS	1.95	-8.25	-8.72	-11.44	-4.81	-4.81
LASACO	2.65	-7.99	0.00	-8.62	-21.83	-21.83
CORNERST	3.17	-7.89	-7.89	-10.70	-26.26	-26.26
SUNUASSUR	5.10	-6.60	-2.94	-6.78	-57.51	-57.51

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"

ETERNA PLC. (ETERNA) topped the advancers list closing at N37.55 with a gain of 9.96% followed by TRANSNATIONAL CORPORATION OF NIGERIA PLC (TRANSCORP) which closed at N51.55 with a gain of 9.91%.

On the flip side STANBIC IBTC ETF 30 (STANBICETF30) and VFD GROUP PLC (VFDGROUP) topped the decliners log with a loss of -10.00% at a close of N396.00, and -9.92% to close the day at N47.20 respectively.

Top Gainers

Symbol	LClose	%Chg
ETERNA	37.55	9.96
TRANSCORP	51.55	9.91
FCMB	10.00	9.89
AFRIPRUD	36.25	9.85
ABCTRANS	1.63	8.67

Top Losers

Symbol	LClose	%Chg
STANBICETF30	396.00	-10.00
VFDGROUP	47.20	-9.92
INTENEGINS	1.78	-8.72
NEWGOLD	39,000.01	-8.66
CADBURY	23.00	-8.00

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 0.53%(-7.93) against the Dollar to settle at 1 to 1

Investment Insights - Top 5 Gainers YTD

These stocks are the best performers whose price has risen faster than the market as a whole with the best returns year to date. Momentum investors believe that stocks that have outperformed the market will often continue to do so because the factors that caused them to outperform will not suddenly disappear. In addition, other investors seeking to benefit from the stock’s outperformance will often purchase the stock, further bidding its price higher and pushing the stock higher still

For more detailed analysis,

On InfoWARE Market Data Terminal <T5YTD2> <GO>
On InfoWARE Finance Mobile App ( Android , iPhone & iPad and Windows 10) , "Research"

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
FGSUK2032S5	108.95	8.21	100.51			0.00	0.00	30.00	1.00	32.68K	10-Mar-2025 14:30:22.600
DANGSUGAR	40.00	7.50	38.73	11.48	3.06	4.27	485.88B	6.61M	417.00	264.06M	10-Mar-2025 14:30:14.253
FGS202768	100.00	2.00	99.33			0.00	0.00	1.00	1.00	1.00K	10-Mar-2025 14:30:22.167

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
NGXOILGAS	2,545.45	-0.45	2,551.31	8.74	228.15	0.00	0.00	1.49M	395.00	319.34M	10-Mar-2025 14:30:23.667
VETGRIF30	40.10	-2.24	40.19			0.00	0.00	1.50K	2.00	60.15K	10-Mar-2025 14:30:52.423
FIRSTHOLDCO	28.50	-2.81	28.89			0.00	0.00	3.67M	271.00	105.98M	10-Mar-2025 14:30:52.540
CHAMPION	3.85	-3.64	3.96	412.83	0.01	0.41	30.14B	1.70M	43.00	6.55M	10-Mar-2025 14:30:13.970
HONYFLOUR	12.50	-7.60	12.67	16.28	0.31	1.40	99.13B	4.53M	292.00	57.26M	10-Mar-2025 14:30:14.960
NEWGOLD	39,000.01	-9.48	41,032.88	0.00	0.00	0.00	0.00	5.00	2.00	203.00K	10-Mar-2025 14:30:52.370
STANBICETF30	396.00	-11.11	419.76			0.00	0.00	41.00	8.00	17.42K	10-Mar-2025 14:30:52.390

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
FIDELITYBK	FIDELITY BANK PLC	56.41M	15.99M	252.89	17.50	17.25	1.45	568	970.85M
AFRIPRUD	AFRICA PRUDENTIAL REGISTRARS PLC	23.32M	3.43M	580.06	36.25	33.00	9.85	688	834.20M
GEREGU	GEREGU Power PLC	9.13M	695.44K	1,212.24	1,150.00	1,150.00	0.00	135	9.45B
DANGSUGAR	DANGOTE SUGAR REFINERY PLC	6.61M	2.68M	146.25	40.00	37.00	8.11	417	264.06M
CUSTODIAN	CUSTODIAN AND ALLIED PLC	3.30M	1.37M	141.99	19.85	19.90	-0.25	85	63.17M

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"

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

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

Symbol	DivYield	PE	EPS	Beta	%ChgYTD	ASIYTDReturn	BetaDiff
HONYFLOUR	1.40	16.28	0.31	0.99	80.64	3.34	0.01
CAVERTON	5.52	1.15	1.57	0.98	10.20	3.34	0.02
UNILEVER	2.81	67.09	0.40	0.75	11.11	3.34	0.25
HMCALL	0.00	0.00	0.00	-0.74	20.53	3.34	0.26
VETGOODS	0.00			0.71	13.08	3.34	0.29
VETGRIF30	0.00			0.71	6.23	3.34	0.29
ABBEYBDS	1.43	0.00	0.00	0.70	20.00	3.34	0.30
NEM	6.52	24.99	0.37	0.69	16.67	3.34	0.31
TANTALIZER	1.50	0.00	0.00	0.69	22.22	3.34	0.31
NAHCO	6.66	92.98	0.41	0.65	31.25	3.34	0.35

African Markets

Name	LClose	Change	%Chg
BRVM Stock Exchange	293.14	0.50	0.17
Botswana Stock Exchange	10,112.31	0.00	0.00
Egyptian Exchange	30,947.44	71.02	0.23
Ghana Stock Exchange	6,037.85	26.45	0.44
Johannesburg Stock Exchange	88,570.19	308.91	0.35
Lusaka Stock Exchange	15,365.77	-7.69	-0.05
Casablanca Stock Exchange	16,609.78	38.11	0.23
Malawi Stock Exchange	289,111.37	6,831.18	2.42
Nigeria Stock Exchange	106,538.60	-245.60	-0.23
Nairobi Securities Exchange	133.71	0.01	0.01
Namibian Stock Exchange	1,775.91	-6.24	-0.35
Rwanda Stock Exchange	148.89	0.00	0.00
Tunis Stock Exchange	10,658.33	-81.62	-0.76
Uganda Securities Exchange	1,333.00	0.27	0.02

Nigeria Market Indexes

Symbol	LClose	%Chg	MTD%	QTD%	YTD%	Trades
ASI	106,621.91	0.08	-0.78	3.34	3.34	13,855
NGX30	3,953.12	0.24	-0.91	3.63	3.63	7,086
NGXAFRBVI	2,598.75	0.46	-0.24	4.75	4.75	2,380
NGXAFRHDYI	17,144.18	0.53	0.76	0.69	0.69	2,824
NGXASEM	1,587.23	0.00	0.04	0.22	0.22	2
NGXBNK	1,134.52	0.20	-1.49	4.33	4.33	3,181
NGXCG	2,986.94	0.20	-0.48	5.57	5.57	7,260
NGXCNSMRGDS	1,812.44	0.23	-0.46	4.50	4.50	1,570
NGXGROWTH	7,829.65	-0.21	-0.62	0.86	0.86	45
NGXINDUSTR	3,613.26	-0.18	-0.16	1.17	1.17	856
NGXINS	693.53	-0.87	-2.62	-11.79	-11.79	967
NGXLOTUSISLM	7,645.10	-0.16	-0.83	9.72	9.72	1,895
NGXMAINBOARD	5,089.37	0.17	-0.83	1.71	1.71	10,675
NGXMERIGRW	7,043.97	3.34	-1.82	7.98	7.98	2,019
NGXMERIVAL	10,667.47	0.95	-0.85	2.27	2.27	4,115
NGXOILGAS	2,545.45	-0.44	-1.05	-6.11	-6.11	395
NGXPENBRD	1,904.60	0.13	-0.76	3.98	3.98	10,822
NGXPENSION	4,754.06	0.34	-0.85	4.85	4.85	8,227
NGXPREMIUM	10,354.77	-0.08	-0.68	6.39	6.39	3,135
NGXSOVBND	622.40	0.00	-0.03	3.47	3.47	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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