InfoWARE AI Analyst Daily Market Report: 17-Mar-2025

InfoWARE AI Analyst Daily Market Report: 17-Mar-2025
(Source: InfoWARE Terminal, Date: 17-Mar-2025)

Dear Investor,

Welcome to today's market summary for the Nigerian Stock Exchange (NGX) on March 17, 2025. The NGX ASI (All Share Index) experienced a slight decline of -0.15%, closing at 105,955.13. Year-to-date, the index has returned 2.54%. Today's trading volume was significantly lower at 461.43M compared to the previous day's 743.19M, indicating a -29.57% decrease in market turnover, which totaled 6.43B Naira. Market breadth was negative with 22 advancers and 38 decliners, reflecting a challenging trading environment.

Market Breadth: The market breadth ratio stood at 0.58x, indicating more decliners than advancers.
Top Gainers:
- STANBIC IBTC ETF 30 (STANBICETF30): Closed at 353.05, up 10.00%.
- ACADEMY PRESS PLC (ACADEMY): Closed at 2.88, up 9.92%.
- LOTUS HALAL EQUITY ETF (LOTUSHAL15): Closed at 35.49, up 9.54%.
Top Losers:
- VETIVA S & P NIGERIA SOVEREIGN BOND ETF (VSPBONDETF): Closed at 190.00, down -38.71%.
- E-TRANZACT INTERNATIONAL PLC (ETRANZACT): Closed at 5.85, down -10.00%.
- SUNU ASSURANCES NIGERIA PLC (SUNUASSUR): Closed at 4.63, down -9.92%.

Insights and Predictions

The decrease in market turnover by -29.57% suggests a potential lack of investor confidence, which could lead to further declines if not addressed.
With 22 advancing stocks against 38 declining stocks, the trend indicates bearish momentum in the market.
Notable movements in stocks with unusual volumes include JAIZ BANK PLC, which traded 197.42M shares, significantly above its 90-day average of 16.06M.
In the Year-To-Date (YTD) analysis, stocks like NEIMETH INTERNATIONAL PHARMACEUTICALS PLC and E-TRANZACT are showing bearish momentum with RSIs below 30, indicating oversold conditions.

Contrarian Signals

Despite a YTD loss of -9.8%, CHAMPION BREW. PLC. has an RSI of 54.4 and a bullish MACD, suggesting potential for a rebound.

Sector Heatmaps

Sector	Performance
Banking	-0.5%
Insurance	+1.2%
Telecommunications	-1.0%

Dividend-Beta Matrix

Stock	Dividend Yield	Beta
AFRIPRUD	1.27%	0.64

Institutional Clustering Alerts

ZENITHBANK has a significant institutional trade value share of 20.17%, indicating strong institutional interest.

High Dividend Yield Stocks

Stocks like AFRIPRUD with a yield of 1.27% and a Beta of 0.64 present defensive opportunities amidst market volatility.

Suggestions for Traders

Monitor stocks with bullish momentum closely, especially those crossing above their 15-day moving averages.
Be cautious with stocks showing bearish momentum, particularly those with declining RSIs and MACD crossovers.

Market Activity Summary

Retail investors accounted for 90.95% of trade count but only 15.85% of trade value, indicating a potential lack of conviction in retail trading. In contrast, institutional investors, while only 9.05% of trade count, represented 84.15% of trade value, suggesting a more strategic approach to trading.

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
ROYALEX	0.88	13.70	-5.68	-2.35	-24.55	-24.55
UPDC	2.80	11.11	0.00	-2.44	61.85	61.85
ENAMELWA	25.30	9.05	0.00	9.05	31.09	31.09
MULTIVERSE	8.65	8.81	0.00	-1.70	7.45	7.45
DAARCOMM	0.65	8.06	3.08	-1.47	-1.47	-1.47
REGALINS	0.67	7.94	1.49	0.00	-15.00	-15.00
TIP	3.92	5.95	0.00	-3.21	56.80	56.80
MAYBAKER	8.70	5.45	0.00	6.10	-7.45	-7.45
UNIVINSURE	0.60	5.36	-1.67	-4.84	-18.06	-18.06
CHAMPION	4.00	5.19	1.25	-6.47	6.30	6.30

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgMTD	%ChgQTD	%ChgYTD
NEIMETH	2.49	-10.00	8.43	-10.60	7.57	7.57
ETRANZACT	6.50	-10.00	-10.00	-10.00	-10.00	-10.00
UPL	4.32	-10.00	0.00	-5.05	12.21	12.21
REDSTAREX	5.80	-9.32	-7.76	-18.94	21.32	21.32
NSLTECH	0.66	-8.82	-6.06	3.33	-10.14	-10.14
VETBANK	13.00	-7.13	-3.85	-8.76	14.68	14.68
JAIZBANK	3.25	-6.55	0.92	-10.14	4.79	4.79
LIVESTOCK	10.20	-6.50	-6.86	26.50	114.45	114.45
LASACO	2.68	-5.96	0.00	-7.59	-20.94	-20.94
UNILEVER	37.70	-5.75	0.00	-4.44	4.72	4.72

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"

STANBIC IBTC ETF 30 (STANBICETF30) topped the advancers list closing at N353.05 with a gain of 10.00% followed by ACADEMY PRESS PLC. (ACADEMY) which closed at N2.88 with a gain of 9.92%.

On the flip side VETIVA S & P NIGERIA SOVEREIGN BOND ETF (VSPBONDETF) and E-TRANZACT INTERNATIONAL PLC (ETRANZACT) topped the decliners log with a loss of -38.71% at a close of N190.00, and -10.00% to close the day at N5.85 respectively.

Top Gainers

Symbol	LClose	%Chg
STANBICETF30	353.05	10.00
ACADEMY	2.88	9.92
LOTUSHAL15	35.49	9.54
NEIMETH	2.70	8.43
TANTALIZER	3.13	6.83

Top Losers

Symbol	LClose	%Chg
VSPBONDETF	190.00	-38.71
ETRANZACT	5.85	-10.00
SUNUASSUR	4.63	-9.92
PRESTIGE	1.00	-8.26
SOVRENINS	0.95	-7.77

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 1.17%(-17.92) sharply 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
ACADEMY	2.88	9.03	2.79	0.00	0.00	3.51	2.18B	1.96M	52.00	5.63M	17-Mar-2025 14:30:33.410
VETGRIF30	41.00	3.66	40.31			0.00	0.00	1.27K	4.00	52.07K	17-Mar-2025 14:33:47.447

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
TAJSUKS1	99.99	0.00	99.99			0.00	0.00	0.00	0.00	0.00	17-Mar-2025 14:33:00.553
STERLINGNG	5.31	-1.69	5.35	15.75	0.30	3.19	152.88B	3.71M	132.00	19.84M	17-Mar-2025 14:32:27.827
CHAMS	2.11	-1.90	2.12	27.02	0.07	1.56	9.91B	5.60M	75.00	11.90M	17-Mar-2025 14:31:26.817
MERGROWTH	389.00	-2.83	399.32			0.00	0.00	60.00	3.00	23.34K	17-Mar-2025 14:33:47.243
INTBREW	5.20	-5.77	5.32	0.00	0.00	6.23	139.68B	1.82M	42.00	9.35M	17-Mar-2025 14:31:53.017
GUINEAINS	0.65	-6.15	0.67	66.79	0.01	1.96	3.99B	4.16M	63.00	2.88M	17-Mar-2025 14:31:50.730
NSLTECH	0.62	-6.45	0.63	0.00	0.00	15.87	3.49B	4.40M	53.00	2.75M	17-Mar-2025 14:33:46.377
UPDCREIT	6.05	-7.44	6.12	9.09	0.57	10.87	16.14B	439.55K	47.00	2.68M	17-Mar-2025 14:33:05.440
FGS202665	70.00	-42.86	93.67			0.00	0.00	1.00K	3.00	701.37K	17-Mar-2025 14:32:56.890
VSPBONDETF	190.00	-63.16	212.71			0.00	0.00	25.00	7.00	6.52K	17-Mar-2025 14:33:47.523

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
JAIZBANK	JAIZ BANK PLC	197.42M	16.06M	1,129.17	3.28	3.25	0.92	298	606.15M
PRESTIGE	PRESTIGE ASSURANCE CO. PLC.	18.54M	7.90M	134.67	1.00	1.09	-8.26	228	18.99M
CONHALLPLC	CONSOLIDATED HALLMARK INSURANCE PLC	12.66M	4.18M	202.61	3.40	3.65	-6.85	93	42.33M
NAHCO	NIGERIAN AVIATION HANDLING COMPANY PLC	10.09M	1.74M	478.70	63.00	63.00	0.00	199	626.52M
MTNN	MTN NIGERIA PLC	5.36M	1.93M	177.58	245.00	245.00	0.00	648	1.30B

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	80.49	2.54	0.01
CAVERTON	5.52	1.15	1.57	0.98	11.76	2.54	0.02
UNILEVER	2.81	67.09	0.40	0.75	4.72	2.54	0.25
HMCALL	0.00	0.00	0.00	-0.74	20.53	2.54	0.26
VETGOODS	0.00			0.71	15.70	2.54	0.29
VETGRIF30	0.00			0.71	8.61	2.54	0.29
ABBEYBDS	1.43	0.00	0.00	0.70	20.00	2.54	0.30
NEM	6.52	24.99	0.37	0.69	15.83	2.54	0.31
TANTALIZER	1.50	0.00	0.00	0.69	39.11	2.54	0.31
NAHCO	6.66	92.98	0.41	0.65	31.25	2.54	0.35

African Markets

Name	LClose	Change	%Chg
BRVM Stock Exchange	291.92	1.02	0.35
Botswana Stock Exchange	10,091.65	0.00	0.00
Egyptian Exchange	31,290.62	242.18	0.78
Ghana Stock Exchange	6,109.28	64.08	1.06
Johannesburg Stock Exchange	87,916.44	844.60	0.97
Lusaka Stock Exchange	15,427.76	-1.54	-0.01
Casablanca Stock Exchange	16,613.70	123.68	0.75
Malawi Stock Exchange	292,632.10	-29.27	-0.01
Nigeria Stock Exchange	105,955.13	-265.55	-0.25
Nairobi Securities Exchange	129.54	-0.60	-0.46
Namibian Stock Exchange	1,770.46	32.16	1.85
Rwanda Stock Exchange	149.13	0.24	0.16
Tunis Stock Exchange	10,795.68	-23.80	-0.22
Uganda Securities Exchange	1,328.11	-2.93	-0.22

Nigeria Market Indexes

Symbol	LClose	%Chg	MTD%	QTD%	YTD%	Trades
ASI	105,799.17	-0.15	-1.54	2.54	2.54	12,582
NGX30	3,922.34	-0.12	-1.68	2.82	2.82	6,138
NGXAFRBVI	2,569.21	-0.27	-1.37	3.56	3.56	2,550
NGXAFRHDYI	16,539.55	-0.55	-2.79	-2.87	-2.87	2,707
NGXASEM	1,587.89	0.00	0.08	0.26	0.26	6
NGXBNK	1,124.87	-0.20	-2.33	3.44	3.44	3,240
NGXCG	2,940.55	-0.32	-2.03	3.93	3.93	6,760
NGXCNSMRGDS	1,801.91	-0.38	-1.04	3.89	3.89	1,292
NGXGROWTH	7,382.94	0.00	-6.29	-4.89	-4.89	51
NGXINDUSTR	3,612.05	0.00	-0.20	1.13	1.13	628
NGXINS	693.23	-1.79	-2.66	-11.82	-11.82	1,272
NGXLOTUSISLM	7,578.88	0.03	-1.69	8.77	8.77	1,859
NGXMAINBOARD	5,069.48	-0.18	-1.22	1.31	1.31	9,383
NGXMERIGRW	6,858.93	-0.26	-4.40	5.15	5.15	1,658
NGXMERIVAL	10,452.17	-0.04	-2.85	0.21	0.21	3,724
NGXOILGAS	2,522.50	-0.19	-1.94	-6.96	-6.96	383
NGXPENBRD	1,890.85	-0.03	-1.48	3.23	3.23	9,694
NGXPENSION	4,711.58	-0.17	-1.73	3.92	3.92	6,966
NGXPREMIUM	10,204.71	-0.09	-2.12	4.85	4.85	3,148
NGXSOVBND	620.41	0.00	-0.35	3.14	3.14	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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