InfoWARE Analyst Daily Market Report (13-May-2025 15:23:19.501)

InfoWARE Analyst Daily Market Report (13-May-2025 15:23:19.501)
(Source: InfoWARE Terminal, Date: 13-May-2025)

Dear Investor,

InfoWARE Analyst Daily Market Report - 13-May-2025 15:23:19.499

The Nigerian equities market recorded another up day, as the NGX All-Share Index (NGXASI) closed the day up by 0.46%, to bring the Year-to-Date returns up 5.41%. The All Share Index closed at 108,763.55 against the previous close of 108,261.47, volume traded increased by 37.48% from 354.30M to 487.10M, while market turnover (the total value of shares traded) increased by 8.48% from NGN9.54B to NGN10.35B in 13,976.00 deals.
Market breadth (1.59x) signified Forty-three (43) advancers, as against Twenty-seven (27) decliners. Volume was up for 75 companies and down for 64

Top ASI Gainers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
CAVERTON	3.35	23.91	9.85	9.85	38.35	58.62	44.31
LOTUSHAL15	44.33	20.99	9.99	9.99	10.27	35.44	62.53
BETAGLAS	176.70	20.95	9.96	9.96	76.96	94.59	199.38
CHELLARAM	10.40	20.93	10.00	10.00	44.99	44.99	209.19
MULTIVERSE	11.00	19.78	-0.91	-0.91	71.65	26.01	35.40
FIDSON	25.55	19.57	7.63	7.63	20.35	44.74	74.60
MAYBAKER	11.00	18.32	8.64	8.64	38.95	38.95	27.13
FTNCOCOA	2.08	17.53	9.62	9.62	21.93	35.71	21.28
OANDO	45.00	14.85	10.00	10.00	18.71	8.32	-24.77
TIP	6.75	13.49	2.22	2.22	39.39	69.12	176.00

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
GREENWETF	429.30	-19.00	-10.00	-10.00	-27.10	-27.65	-27.65
VSPBONDETF	211.00	-14.44	82.46	82.46	53.39	57.14	10.00
UNIONDICON	7.65	-11.83	-2.61	-2.61	-11.83	40.57	3.47
NAHCO	75.00	-11.73	-0.13	-0.13	-9.21	7.15	56.04
MCNICHOLS	1.68	-11.11	-4.76	-4.76	-8.57	0.00	-0.62
HMCALL	4.67	-10.43	-9.85	-9.85	-10.43	-27.41	-13.55
ETRANZACT	5.40	-10.00	0.00	0.00	-6.90	-6.09	-16.92
TRANSPOWER	328.50	-9.98	0.00	0.00	-9.98	-9.98	-8.72
ROYALEX	0.80	-8.05	0.00	0.00	0.00	-26.61	-27.27
STANBICETF30	322.00	-6.83	-6.84	-6.84	-6.84	-21.97	-18.70

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"

VETIVA S & P NIGERIA SOVEREIGN BOND ETF (VSPBONDETF) topped the advancers list closing at N385.00 with a gain of 82.46% followed by CHELLARAMS PLC. (CHELLARAM) which closed at N11.44 with a gain of 10.00%.

On the flip side GREENWICH ASSET ETF (GREENWETF) and HALDANE MCCALL PLC (HMCALL) topped the decliners log with a loss of -10.00% at a close of N386.37, and -9.85% to close the day at N4.21 respectively.

Top Gainers

Symbol	LClose	%Chg
VSPBONDETF	385.00	82.46
CHELLARAM	11.44	10.00
OANDO	49.50	10.00
LOTUSHAL15	48.76	9.99
TRANSCORP	46.25	9.99

Top Losers

Symbol	LClose	%Chg
GREENWETF	386.37	-10.00
HMCALL	4.21	-9.85
ACADEMY	4.30	-7.33
STANBICETF30	299.99	-6.84
UPDC	3.00	-6.25

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 was unchanged against the dollar 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
FGS202772	99.00	69.70	71.93			0.00	0.00	158.00	4.00	156.42K	13-May-2025 14:31:12.497
VSPBONDETF	385.00	45.19	267.50			0.00	0.00	3.00	1.00	1.16K	13-May-2025 14:32:14.233
TRANSCORP	46.25	9.08	44.04	0.00	0.00	0.23	1,879.97B	2.47M	231.00	110.02M	13-May-2025 14:30:59.680
MEYER	9.65	8.81	8.96	0.00	0.00	3.91	5.13B	315.47K	13.00	3.04M	13-May-2025 14:30:54.930
FIDELITYBK	21.00	6.67	20.06	13.24	1.17	5.48	608.47B	23.40M	530.00	470.49M	13-May-2025 14:30:53.447
LIVESTOCK	8.70	5.75	8.64	0.00	0.00	2.94	26.10B	2.48M	116.00	21.67M	13-May-2025 14:30:54.793
VETGRIF30	40.30	3.23	39.50			0.00	0.00	100.00	1.00	4.03K	13-May-2025 14:32:14.040
AIICO	1.65	3.03	1.64	2.01	0.60	4.13	60.40B	4.87M	182.00	7.86M	13-May-2025 14:30:49.560
FCMB	9.55	2.62	9.36	104.31	0.09	5.62	189.12B	4.68M	263.00	43.90M	13-May-2025 14:32:12.530
TANTALIZER	2.35	1.70	2.33	0.00	0.00	1.50	7.55B	57.80M	181.00	131.32M	13-May-2025 14:30:59.540

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
NGXINDUSTR	3,387.68	0.13	3,401.11	39.90	18.97	0.00	0.00	10.03M	1,037.00	552.96M	13-May-2025 14:31:15.600
PRESTIGE	0.97	-2.06	0.98	10.49	0.08	2.50	12.86B	1.89M	38.00	1.86M	13-May-2025 14:30:58.680
FGSUK2033S6	100.18	-3.77	101.33			0.00	0.00	50.00	1.00	50.09K	13-May-2025 14:31:13.363
GUINEAINS	0.65	-4.62	0.67	66.79	0.01	1.96	3.99B	1.65M	29.00	1.10M	13-May-2025 14:30:54.093
SOVRENINS	0.94	-5.32	0.95	27.95	0.03	3.75	10.68B	3.57M	28.00	3.38M	13-May-2025 14:32:12.607
UPDC	3.00	-6.67	3.01	0.00	0.00	34.25	55.68B	4.15M	106.00	12.59M	13-May-2025 14:31:00.537
STANBICETF30	299.99	-7.34	315.49			0.00	0.00	565.00	10.00	169.39K	13-May-2025 14:32:13.857

Economic Indicators - Nigeria FX Reserves Vs ASI Chart

Nigeria FX Reserves are assets held on reserve by CBN in foreign currencies. These reserves are used to back liabilities and influence monetary policy. Given the nature of the Nigeria economy, FX Reserves can appear to have an outsize influence on the economy and hence on the capital market. The chart below allows comparison of FX Reserves against the ASI to make investment decisions

For more detailed analysis,

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

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
TANTALIZER	TANTALIZERS PLC	57.80M	13.32M	333.84	2.35	2.31	1.73	181	131.32M
NB	NIGERIAN BREW. PLC.	21.03M	6.05M	247.79	52.00	47.50	9.47	277	1.08B
ETERNA	ETERNA PLC.	18.17M	1.60M	1,037.17	43.00	44.00	-2.27	76	780.96M
VERITASKAP	VERITAS KAPITAL ASSURANCE PLC	16.55M	6.81M	142.95	1.05	0.98	7.14	143	17.01M
FTNCOCOA	FTN COCOA PROCESSORS PLC	15.70M	2.25M	598.33	2.28	2.08	9.62	231	34.93M

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	295.60	0.59	0.20
Botswana Stock Exchange	10,280.12	0.00	0.00
Egyptian Exchange	31,577.01	147.72	0.47
Ghana Stock Exchange	6,434.63	16.69	0.26
Johannesburg Stock Exchange	92,170.81	312.32	0.34
Lusaka Stock Exchange	17,177.08	15.45	0.09
Casablanca Stock Exchange	18,033.08	268.25	1.51
Malawi Stock Exchange	289,245.97	-28.93	-0.01
Nigeria Stock Exchange	108,261.47	-467.53	-0.43
Nairobi Securities Exchange	127.22	0.36	0.28
Namibian Stock Exchange	1,760.95	42.61	2.48
Rwanda Stock Exchange	149.79	0.43	0.29
Tunis Stock Exchange	11,317.86	4.53	0.04
Uganda Securities Exchange	1,266.88	-0.25	-0.02

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	108,763.55	0.46	0.27	2.57	3.05	5.41	13,976
NGX30	4,019.29	0.52	0.32	2.08	2.55	5.36	7,032
NGXAFRBVI	2,615.08	-0.48	-0.48	2.34	-1.80	5.41	2,903
NGXAFRHDYI	18,164.87	-0.39	-0.39	2.75	9.14	6.68	2,948
NGXASEM	1,593.40	0.00	0.00	0.11	0.35	0.61	10
NGXBNK	1,159.66	0.20	0.20	3.05	-0.10	6.64	3,577
NGXCG	3,107.99	0.60	0.31	3.13	3.24	9.85	7,038
NGXCNSMRGDS	2,181.16	1.70	1.70	6.62	20.13	25.76	1,752
NGXCOMMDTY	1,000.64	0.00	0.00	0.90	-0.29	0.06
NGXGROWTH	7,804.33	0.95	0.95	5.13	5.58	0.53	257
NGXINDUSTR	3,387.68	0.13	-0.60	0.60	-2.93	-5.15	1,037
NGXINS	664.43	0.88	0.88	2.16	-2.33	-15.49	858
NGXLOTUSISLM	7,813.55	-0.01	-0.53	3.05	3.43	12.14	1,778
NGXMAINBOARD	5,317.96	0.86	0.86	2.78	5.07	6.28	10,427
NGXMERIGRW	7,582.71	3.34	3.34	2.46	10.54	16.24	1,939
NGXMERIVAL	10,238.61	-0.51	-1.26	-0.81	-0.53	-1.84	4,041
NGXOILGAS	2,449.10	0.83	-0.16	4.19	0.10	-9.67	259
NGXPENBRD	1,960.64	0.43	0.43	2.76	3.81	7.04	11,038
NGXPENSION	5,170.65	0.97	0.97	4.30	8.02	14.04	7,904
NGXPREMIUM	10,341.15	-0.20	-0.20	2.82	1.73	6.25	3,292
NGXSOVBND	655.60	0.00	0.00	0.86	4.58	8.99	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"