InfoWARE Analyst Daily Market Report (14-May-2025 15:13:08.542)

InfoWARE Analyst Daily Market Report (14-May-2025 15:13:08.542)
(Source: InfoWARE Terminal, Date: 14-May-2025)

Dear Investor,

InfoWARE Analyst Daily Market Report - 14-May-2025 15:13:08.541

The Nigerian equities market recorded another up day, as the NGX All-Share Index (NGXASI) closed the day up by 0.27%, to bring the Year-to-Date returns up 5.70%. The All Share Index closed at 109,059.33 against the previous close of 108,762.61, volume traded increased by 6.87% from 487.10M to 520.56M, while market turnover (the total value of shares traded) increased by 86.41% from NGN10.35B to NGN19.30B in 13,854.00 deals.
Market breadth (1.30x) signified Thirty-five (35) advancers, as against Twenty-seven (27) decliners. Volume was up for 66 companies and down for 71

Top ASI Gainers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
LOTUSHAL15	48.76	33.08	9.99	20.98	21.28	48.97	78.77
CAVERTON	3.68	32.46	9.78	20.60	51.88	74.14	58.43
FTNCOCOA	2.28	31.58	9.65	20.19	33.69	48.81	32.98
MAYBAKER	11.95	29.70	9.62	19.09	52.33	52.33	39.36
CHAMPION	5.55	27.08	9.91	19.37	35.56	49.14	60.11
OANDO	49.50	24.13	8.08	18.89	28.30	17.07	-18.69
BETAGLAS	194.30	20.95	0.00	9.96	76.96	94.59	199.38
MEYER	9.65	20.63	0.00	9.66	4.32	4.32	14.47
IMG	37.00	16.52	7.70	16.52	16.52	4.87	5.01
CHELLARAM	11.44	15.29	4.81	15.29	51.96	51.96	224.05

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
GREENWETF	386.37	-19.00	0.00	-10.00	-27.10	-27.65	-27.65
UNIONDICON	7.45	-11.83	0.00	-2.61	-11.83	40.57	3.47
NAHCO	74.90	-10.84	-1.20	-1.33	-10.30	5.87	54.17
ETRANZACT	5.40	-10.00	0.00	0.00	-6.90	-6.09	-16.92
GEREGU	1,141.50	-10.00	-10.00	-10.00	-10.00	-10.00	-10.66
LINKASSURE	1.14	-8.06	0.00	0.00	-6.56	-12.98	-11.63
ROYALEX	0.80	-8.05	0.00	0.00	0.00	-26.61	-27.27
LEGENDINT	8.88	-6.67	-5.41	-6.67	-6.98	35.48	35.48
STANBICETF30	299.99	-6.66	0.00	-6.84	-6.84	-21.97	-18.70
WAPCO	77.95	-4.82	0.06	0.06	-5.68	7.44	11.83

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"

MCNICHOLS PLC (MCNICHOLS) topped the advancers list closing at N1.76 with a gain of 10.00% followed by N NIG. FLOUR MILLS PLC. (NNFM) which closed at N99.55 with a gain of 10.00%.

On the flip side VETIVA S & P NIGERIA SOVEREIGN BOND ETF (VSPBONDETF) and GEREGU Power PLC (GEREGU) topped the decliners log with a loss of -43.11% at a close of N219.01, and -10.00% to close the day at N1,027.40 respectively.

Top Gainers

Symbol	LClose	%Chg
MCNICHOLS	1.76	10.00
NNFM	99.55	10.00
LOTUSHAL15	53.63	9.99
CHAMPION	6.10	9.91
CAVERTON	4.04	9.78

Top Losers

Symbol	LClose	%Chg
VSPBONDETF	219.01	-43.11
GEREGU	1,027.40	-10.00
MULTIVERSE	9.85	-9.63
LEGENDINT	8.40	-5.41
VERITASKAP	1.00	-4.76

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 0.40%(6.39) 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
MCNICHOLS	1.76	9.09	1.75	26.80	0.05	5.88	1.27B	12.24M	79.00	21.41M	14-May-2025 14:31:23.383
JOHNHOLT	6.30	8.73	5.94	8.80	0.91	1.25	2.45B	198.63K	25.00	1.24M	14-May-2025 14:30:24.920
GUINEAINS	0.68	4.41	0.67	66.79	0.01	1.96	4.18B	5.56M	45.00	3.71M	14-May-2025 14:30:24.140
CONHALLPLC	2.94	2.04	2.92	69.63	0.03	2.08	31.47B	347.33K	21.00	1.01M	14-May-2025 14:30:23.203

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	43.00	0.00	43.32	29.51	0.75	0.68	56.08B	5.69M	90.00	244.40M	14-May-2025 14:30:23.683
FIRSTHOLDCO	24.85	-0.80	25.03			0.00	0.00	5.29M	273.00	132.04M	14-May-2025 14:31:15.687
TRANSCORP	44.10	-4.88	44.18	0.00	0.00	0.23	1,792.58B	2.00M	209.00	90.19M	14-May-2025 14:30:31.983
LEGENDINT	8.40	-5.71	8.63			0.00	0.00	527.40K	117.00	4.46M	14-May-2025 14:30:25.183
VSPBONDETF	219.01	-75.79	265.37			0.00	0.00	12.00	3.00	4.03K	14-May-2025 14:31:15.590

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
GTCO	GUARANTY TRUST HOLDING COMPANY PLC	53.27M	23.15M	130.17	68.60	69.05	-0.65	553	3.68B
NB	NIGERIAN BREW. PLC.	35.76M	6.37M	461.06	54.50	52.00	4.81	338	1.94B
MTNN	MTN NIGERIA PLC	20.22M	4.96M	307.70	278.00	279.00	-0.36	487	5.59B
FTNCOCOA	FTN COCOA PROCESSORS PLC	12.94M	2.47M	423.56	2.50	2.28	9.65	160	32.28M
MCNICHOLS	MCNICHOLS PLC	12.24M	932.52K	1,212.99	1.76	1.60	10.00	79	21.41M

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	116.76	5.70	0.01
CAVERTON	5.52	1.15	1.57	0.98	58.43	5.70	0.02
FIDELITYBK	5.48	13.24	1.17	0.89	23.53	5.70	0.11
FTNCOCOA	1.60	0.00	0.00	0.79	32.98	5.70	0.21
NB	3.79	16.95	1.60	0.79	70.31	5.70	0.21
MAYBAKER	3.75	58.94	0.14	0.78	39.36	5.70	0.22
UNILEVER	2.81	67.09	0.40	0.75	19.44	5.70	0.25
VETGOODS	0.00			0.71	10.47	5.70	0.29
VETGRIF30	0.00			0.71	6.76	5.70	0.29
ABBEYBDS	1.43	0.00	0.00	0.70	154.33	5.70	0.30

African Markets

Name	LClose	Change	%Chg
BRVM Stock Exchange	296.46	0.86	0.29
Botswana Stock Exchange	10,280.12	0.00	0.00
Egyptian Exchange	31,692.77	116.83	0.37
Ghana Stock Exchange	6,455.96	21.23	0.33
Johannesburg Stock Exchange	92,638.81	470.06	0.51
Lusaka Stock Exchange	17,176.84	0.00	0.00
Casablanca Stock Exchange	18,066.76	34.26	0.19
Malawi Stock Exchange	289,209.36	-28.92	-0.01
Nigeria Stock Exchange	108,762.60	498.02	0.46
Nairobi Securities Exchange	128.82	1.60	1.26
Namibian Stock Exchange	1,779.49	18.49	1.05
Rwanda Stock Exchange	149.79	0.00	0.00
Tunis Stock Exchange	11,308.50	-9.05	-0.08
Uganda Securities Exchange	1,267.58	0.76	0.06

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	109,059.33	0.27	0.55	2.84	3.33	5.70	13,854
NGX30	4,028.10	0.22	0.54	2.30	2.78	5.59	7,183
NGXAFRBVI	2,632.30	0.66	0.17	3.01	-1.16	6.11	3,085
NGXAFRHDYI	18,291.14	0.70	0.30	3.47	9.90	7.42	2,935
NGXASEM	1,593.40	0.00	0.00	0.11	0.35	0.61	12
NGXBNK	1,166.36	0.58	0.78	3.65	0.48	7.26	3,470
NGXCG	3,121.34	0.43	0.74	3.57	3.68	10.32	7,257
NGXCNSMRGDS	2,208.32	1.25	2.97	7.95	21.63	27.33	1,927
NGXCOMMDTY	1,000.60	0.00	0.00	0.90	-0.30	0.06
NGXGROWTH	7,873.83	0.89	1.85	6.07	6.52	1.43	234
NGXINDUSTR	3,388.13	0.01	-0.59	0.62	-2.92	-5.14	1,049
NGXINS	665.67	0.19	1.06	2.35	-2.15	-15.33	755
NGXLOTUSISLM	7,802.19	-0.15	-0.67	2.90	3.28	11.97	1,699
NGXMAINBOARD	5,337.98	0.38	1.24	3.17	5.46	6.68	10,180
NGXMERIGRW	7,571.69	-0.15	3.19	2.31	10.37	16.07	1,688
NGXMERIVAL	10,287.29	0.48	-0.79	-0.33	-0.06	-1.37	4,125
NGXOILGAS	2,467.36	0.75	0.58	4.96	0.85	-8.99	296
NGXPENBRD	1,963.77	0.16	0.59	2.93	3.97	7.21	10,864
NGXPENSION	5,176.32	0.11	1.08	4.42	8.14	14.17	8,068
NGXPREMIUM	10,348.01	0.07	-0.14	2.89	1.80	6.32	3,440
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"