InfoWARE Analyst Daily Market Report (20-May-2025 15:07:13.094)

InfoWARE Analyst Daily Market Report (20-May-2025 15:07:13.094)
(Source: InfoWARE Terminal, Date: 20-May-2025)

Dear Investor,

InfoWARE Analyst Daily Market Report - 20-May-2025 15:07:13.092

The Nigerian equities market recorded another up day, as the NGX All-Share Index (NGXASI) closed the day up by 0.03%, to bring the Year-to-Date returns up 6.35%. The All Share Index closed at 109,730.47 against the previous close of 109,697.83, volume traded increased by 1.11% from 476.17M to 481.46M, while market turnover (the total value of shares traded) decreased by -5.13% from NGN10.93B to NGN10.37B in 17,516.00 deals.
Market breadth (0.94x) signified Thirty-four (34) advancers, as against Thirty-six (36) decliners. Volume was up for 53 companies and down for 84

Top ASI Gainers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
MCNICHOLS	2.33	31.61	9.01	9.01	45.14	58.75	57.76
GREENWETF	460.00	30.70	9.78	9.78	-4.72	-5.43	-5.43
CHAMPION	7.50	29.03	6.67	6.67	77.78	95.60	109.97
Ikejahotel	15.40	24.51	3.90	3.90	30.08	55.34	29.55
BETAGLAS	258.50	20.96	0.00	0.00	135.43	158.89	298.31
NNFM	131.85	20.96	0.00	0.00	75.80	50.26	200.34
LASACO	2.80	20.69	0.00	0.00	25.00	15.23	-17.40
JOHNHOLT	6.90	19.84	9.42	9.42	30.17	-2.45	-3.08
LINKASSURE	1.36	18.40	8.82	8.82	21.31	12.98	14.73
TANTALIZER	2.53	16.81	9.88	9.88	18.30	-4.14	23.56

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
VSPBONDETF	255.50	-33.64	0.00	0.00	1.79	4.29	-27.00
LOTUSHAL15	39.50	-23.97	-7.09	-7.09	-17.01	1.94	22.33
ABCTRANS	2.66	-18.64	-9.77	-9.77	6.19	71.43	95.12
TIP	6.12	-17.34	-0.33	-0.33	23.23	49.51	144.00
UPL	3.97	-16.42	0.00	0.00	-3.41	2.06	3.12
FIDELITYBK	20.00	-9.52	-5.00	-5.00	-6.63	-0.26	11.76
RTBRISCOE	1.90	-9.52	0.00	0.00	0.00	-15.18	-30.91
FTNCOCOA	2.34	-9.27	-3.85	-3.85	20.32	33.93	19.68
PZ	29.50	-8.67	0.00	0.00	1.72	-20.49	21.40
ARADEL	503.00	-8.55	-8.55	-8.55	2.68	-8.00	-23.08

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"

MERISTEM VALUE EXCHANGE TRADED FUND (MERVALUE) topped the advancers list closing at N130.68 with a gain of 10.00% followed by NESTLE NIGERIA PLC. (NESTLE) which closed at N1,464.10 with a gain of 10.00%.

On the flip side STANBIC IBTC ETF 30 (STANBICETF30) and BERGER PAINTS PLC (BERGER) topped the decliners log with a loss of -10.00% at a close of N270.00, and -9.98% to close the day at N21.20 respectively.

Top Gainers

Symbol	LClose	%Chg
MERVALUE	130.68	10.00
NESTLE	1,464.10	10.00
REGALINS	0.66	10.00
TRIPPLEG	2.20	10.00
TANTALIZER	2.78	9.88

Top Losers

Symbol	LClose	%Chg
STANBICETF30	270.00	-10.00
BERGER	21.20	-9.98
MBENEFIT	0.92	-9.80
ABCTRANS	2.40	-9.77
ARADEL	460.00	-8.55

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
FGSUK2032S5	115.00	21.73	105.25			0.00	0.00	308.00	1.00	354.20K	20-May-2025 14:31:14.907
FGSUK2027S3	91.93	18.20	81.33			0.00	0.00	11.00	1.00	10.11K	20-May-2025 14:31:14.840
GREENWETF	505.00	8.91	474.16			0.00	0.00	137.00	2.00	69.00K	20-May-2025 14:32:12.223
VETBANK	12.60	4.76	12.33			0.00	0.00	158.00	1.00	1.99K	20-May-2025 14:32:12.597
CWG	10.30	2.91	10.12	0.00	0.00	2.46	26.01B	2.51M	136.00	25.34M	20-May-2025 14:32:10.600

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
FGSUK2033S6	100.12	-0.06	100.47			0.00	0.00	5.62K	3.00	5.63M	20-May-2025 14:31:14.930
NGXLOTUSISLM	7,786.47	-1.27	7,797.90	1,270.93	62.77	0.00	0.00	10.70M	2,446.00	1.91B	20-May-2025 14:31:17.237
NGXCOMMDTY	988.02	-1.55	1,002.15			0.00	0.00				20-May-2025 14:31:17.080
NGXOILGAS	2,394.19	-2.96	2,431.53	8.74	228.15	0.00	0.00	2.83M	421.00	177.13M	20-May-2025 14:31:17.343
LIVESTOCK	8.12	-4.68	8.34	0.00	0.00	2.94	24.36B	3.68M	128.00	31.96M	20-May-2025 14:30:50.520
VERITASKAP	1.00	-7.00	1.05	48.77	0.02	4.17	13.87B	19.80M	105.00	19.87M	20-May-2025 14:30:56.727
MEYER	9.00	-7.22	9.05	0.00	0.00	3.91	4.78B	155.51K	11.00	1.45M	20-May-2025 14:30:52.383
ARADEL	460.00	-9.35	489.60	0.00	0.00	1.72	1,998.63B	5.54M	458.00	2.55B	20-May-2025 14:30:45.250
ABCTRANS	2.40	-10.83	2.57	6.68	0.17	2.19	5.74B	2.03M	69.00	4.97M	20-May-2025 14:30:44.733

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
CUSTODIAN	CUSTODIAN AND ALLIED PLC	35.64M	3.24M	999.01	19.60	19.45	0.77	121	698.80M
UCAP	UNITED CAPITAL PLC	26.74M	10.38M	157.65	18.90	18.30	3.28	308	496.40M
VERITASKAP	VERITAS KAPITAL ASSURANCE PLC	19.80M	6.89M	187.52	1.00	1.07	-6.54	105	19.87M
MBENEFIT	MUTUAL BENEFITS ASSURANCE PLC.	12.94M	5.36M	141.35	0.92	1.02	-9.80	93	13.10M
FTNCOCOA	FTN COCOA PROCESSORS PLC	10.64M	3.16M	236.61	2.25	2.34	-3.85	226	23.36M

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	302.01	0.72	0.24
Botswana Stock Exchange	10,280.12	0.00	0.00
Egyptian Exchange	31,355.82	-358.37	-1.13
Ghana Stock Exchange	6,699.04	-8.72	-0.13
Lusaka Stock Exchange	17,575.50	89.18	0.51
Casablanca Stock Exchange	17,871.76	99.52	0.56
Malawi Stock Exchange	288,795.66	-144.47	-0.05
Nigeria Stock Exchange	109,697.83	-10.97	-0.01
Nairobi Securities Exchange	134.51	0.24	0.18
Rwanda Stock Exchange	150.27	0.00	0.00
Uganda Securities Exchange	1,306.99	11.02	0.85

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	109,730.47	0.03	0.03	3.48	3.96	6.35	17,516
NGX30	4,059.37	0.30	0.30	3.09	3.57	6.41	9,580
NGXAFRBVI	2,659.12	0.23	0.23	4.06	-0.15	7.19	3,323
NGXAFRHDYI	18,544.32	0.73	0.73	4.90	11.42	8.91	3,811
NGXASEM	1,593.40	0.00	0.00	0.11	0.35	0.61	36
NGXBNK	1,161.06	-0.35	-0.35	3.18	0.02	6.77	4,734
NGXCG	3,148.90	0.25	0.25	4.48	4.60	11.30	9,421
NGXCNSMRGDS	2,336.17	2.50	2.50	14.20	28.67	34.70	2,848
NGXCOMMDTY	988.02	-1.52	-1.52	-0.37	-1.55	-1.20
NGXGROWTH	7,942.68	0.25	0.25	6.99	7.45	2.32	358
NGXINDUSTR	3,415.64	0.03	0.03	1.43	-2.13	-4.37	1,606
NGXINS	686.22	1.41	1.41	5.51	0.87	-12.72	898
NGXLOTUSISLM	7,786.47	-1.25	-1.25	2.69	3.07	11.75	2,446
NGXMAINBOARD	5,387.48	0.08	0.08	4.12	6.44	7.66	13,168
NGXMERIGRW	7,501.68	-0.87	-0.87	1.36	9.35	15.00	2,232
NGXMERIVAL	10,519.52	-0.22	-0.22	1.92	2.20	0.85	5,381
NGXOILGAS	2,394.19	-2.88	-2.88	1.85	-2.14	-11.69	421
NGXPENBRD	1,974.33	-0.02	-0.02	3.48	4.53	7.79	14,450
NGXPENSION	5,183.04	-0.14	-0.14	4.55	8.28	14.31	10,577
NGXPREMIUM	10,348.55	-0.07	-0.07	2.89	1.80	6.33	3,990
NGXSOVBND	656.24	0.00	0.00	0.96	4.69	9.09	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"