InfoWARE Analyst Daily Market Report (29-May-2025 15:07:52.988)

InfoWARE Analyst Daily Market Report (29-May-2025 15:07:52.988)
(Source: InfoWARE Terminal, Date: 29-May-2025)

Dear Investor,

InfoWARE Analyst Daily Market Report - 29-May-2025 15:07:52.987

The Nigerian equities market recorded another down day, as the NGX All-Share Index (NGXASI) closed the day down by -0.08%, to bring the Year-to-Date returns up 8.37%. The All Share Index closed at 111,818.08 against the previous close of 111,902.61, volume traded increased by 8.09% from 501.34M to 541.90M, while market turnover (the total value of shares traded) increased by 0.25% from NGN16.60B to NGN16.65B in 17,130.00 deals.
Market breadth (1.58x) signified Forty-one (41) advancers, as against Twenty-six (26) decliners. Volume was up for 72 companies and down for 67

Top ASI Gainers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
UPL	5.61	28.81	9.98	28.81	50.12	58.61	60.26
HONYFLOUR	21.00	21.37	9.52	21.37	75.57	94.92	232.37
NNFM	130.55	17.02	6.40	17.02	85.20	58.29	216.40
STANBICETF30	310.00	16.98	0.00	16.98	-3.73	-19.36	-15.99
VFDGROUP	15.80	16.44	7.59	16.44	-5.03	-67.24	-61.71
CUSTODIAN	20.60	13.71	8.74	13.71	24.44	21.74	30.99
RTBRISCOE	2.65	13.19	0.38	13.19	40.00	18.75	-3.27
REDSTAREX	6.99	13.11	8.58	13.11	50.30	58.13	72.11
VSPBONDETF	300.00	12.72	0.00	12.72	19.52	22.45	-14.28
FTNCOCOA	2.41	11.86	9.54	11.86	41.18	57.14	40.43

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
ABBEYBDS	6.87	-18.87	-9.90	-18.87	-25.42	30.87	106.33
MEYER	8.80	-10.20	0.00	-10.20	-4.86	-4.86	4.39
GREENWETF	425.00	-10.05	0.00	-10.05	-19.81	-20.41	-20.41
SEPLAT	5,516.00	-10.00	-10.00	-10.00	-12.91	-12.91	-12.91
LEGENDINT	7.60	-10.00	-10.00	-10.00	-24.25	10.32	10.32
SKYAVN	59.80	-9.94	0.00	-9.94	28.60	28.60	78.77
ENAMELWA	22.80	-9.88	0.00	-9.88	-9.88	-9.88	18.13
MULTIVERSE	8.05	-9.55	0.00	-9.55	26.77	-6.94	0.00
NPFMCRFBK	2.28	-8.12	-5.70	-8.12	7.50	13.16	22.86
MAYBAKER	10.95	-7.63	-0.46	-7.63	26.74	26.74	15.96

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"

MUTUAL BENEFITS ASSURANCE PLC. (MBENEFIT) topped the advancers list closing at N1.10 with a gain of 10.00% followed by UNIVERSITY PRESS PLC. (UPL) which closed at N6.17 with a gain of 9.98%.

On the flip side LEGEND INTERNET PLC (LEGENDINT) and SEPLAT PETROLEUM DEVELOPMENT COMPANY LTD (SEPLAT) topped the decliners log with a loss of -10.00% at a close of N6.84, and -10.00% to close the day at N4,964.40 respectively.

Top Gainers

Symbol	LClose	%Chg
MBENEFIT	1.10	10.00
UPL	6.17	9.98
ACADEMY	4.45	9.88
SCOA	4.90	9.62
LIVESTOCK	9.15	9.58

Top Losers

Symbol	LClose	%Chg
LEGENDINT	6.84	-10.00
SEPLAT	4,964.40	-10.00
ABBEYBDS	6.19	-9.90
OMATEK	0.71	-8.97
NEWGOLD	55,000.00	-6.30

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 0.28%(-4.46) 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
ACADEMY	4.45	8.99	4.38	0.00	0.00	3.51	3.36B	1.90M	36.00	8.45M	29-May-2025 14:30:12.950
LIVESTOCK	9.15	8.74	8.55	0.00	0.00	2.94	27.45B	6.89M	123.00	62.52M	29-May-2025 14:30:57.480
VFDGROUP	17.00	7.06	15.97	0.00	0.00	0.00	0.00	3.35M	218.00	55.13M	29-May-2025 14:30:19.493
PRESTIGE	1.02	3.92	1.00	10.49	0.08	2.50	13.52B	447.40K	18.00	450.97K	29-May-2025 14:30:17.937

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
NGXCG	3,126.06	-0.64	3,126.84	443.35	327.97	0.00	0.00	325.12M	8,984.00	12.53B	29-May-2025 14:30:31.247
GTCO	69.00	-0.72	69.03	7.49	7.10	1.88	2,030.75B	5.75M	691.00	396.54M	29-May-2025 14:30:57.447
NGXPREMIUM	10,252.28	-1.43	10,343.07	2,048.74	238.70	0.00	0.00	141.59M	3,707.00	7.51B	29-May-2025 14:30:31.617
NGXMERIVAL	10,248.45	-2.00	10,386.64	12.13	38.38	0.00	0.00	222.72M	4,733.00	6.93B	29-May-2025 14:30:31.543
NGXCOMMDTY	995.91	-2.27	1,001.05			0.00	0.00				29-May-2025 14:30:31.290
AIICO	1.60	-2.50	1.63	2.01	0.60	4.13	58.57B	10.98M	216.00	17.56M	29-May-2025 14:30:13.023
STERLINGNG	5.75	-2.61	5.91	15.75	0.30	3.19	165.54B	2.71M	156.00	15.68M	29-May-2025 14:30:18.377
NGXOILGAS	2,348.40	-5.27	2,431.49	8.74	228.15	0.00	0.00	954.62K	390.00	890.02M	29-May-2025 14:30:31.577
NPFMCRFBK	2.15	-6.05	2.28	5.63	0.27	8.00	12.88B	1.15M	78.00	2.53M	29-May-2025 14:30:17.717
LEARNAFRCA	4.23	-6.62	4.34	5.79	0.51	8.53	3.26B	2.08M	51.00	8.82M	29-May-2025 14:30:16.163
NEWGOLD	55,000.00	-6.73	57,239.27	0.00	0.00	0.00	0.00	21.00	12.00	1.26M	29-May-2025 14:30:57.927
FGSUK2027S3	75.20	-22.25	84.43			0.00	0.00	1.00	1.00	752.00	29-May-2025 14:30:25.600

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
UBA	UNITED BANK FOR AFRICA PLC	82.57M	19.89M	315.21	34.70	34.70	0.00	958	2.86B
NB	NIGERIAN BREW. PLC.	37.21M	9.09M	309.35	56.75	56.45	0.53	164	2.10B
ELLAHLAKES	ELLAH LAKES PLC.	17.18M	7.12M	141.38	3.30	3.50	-5.71	259	58.48M
NEIMETH	NEIMETH INTERNATIONAL PHARMACEUTICALS PLC	13.06M	1.41M	827.45	3.13	3.27	-4.28	161	39.76M
HONYFLOUR	HONEYWELL FLOUR MILL PLC	11.59M	3.88M	198.45	23.00	21.00	9.52	557	261.46M

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	302.76	-1.06	-0.35
Botswana Stock Exchange	10,300.20	0.00	0.00
Egyptian Exchange	32,493.89	97.19	0.30
Ghana Stock Exchange	6,152.98	-62.78	-1.01
Johannesburg Stock Exchange	93,868.88	103.14	0.11
Lusaka Stock Exchange	18,630.36	129.51	0.70
Malawi Stock Exchange	283,665.14	-28.37	-0.01
Nigeria Stock Exchange	111,902.61	301.32	0.27
Nairobi Securities Exchange	134.12	1.41	1.06
Namibian Stock Exchange	1,775.07	4.78	0.27
Rwanda Stock Exchange	151.45	0.56	0.37
Tunis Stock Exchange	11,419.44	9.13	0.08
Uganda Securities Exchange	1,281.23	-21.76	-1.67

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	111,818.08	-0.08	1.70	5.45	5.94	8.37	17,130
NGX30	4,120.27	-0.14	1.60	4.64	5.13	8.01	9,093
NGXAFRBVI	2,649.66	-0.28	0.63	3.69	-0.50	6.81	3,364
NGXAFRHDYI	18,592.89	0.05	0.98	5.17	11.71	9.19	3,739
NGXASEM	1,593.40	0.00	0.00	0.11	0.35	0.61	11
NGXBNK	1,167.79	0.30	1.04	3.78	0.60	7.39	4,170
NGXCG	3,126.06	-0.64	0.31	3.73	3.84	10.49	8,984
NGXCNSMRGDS	2,391.70	0.94	2.05	16.91	31.73	37.90	2,575
NGXCOMMDTY	995.91	-2.22	-1.49	0.42	-0.76	-0.41
NGXGROWTH	7,808.95	0.46	0.41	5.19	5.64	0.59	205
NGXINDUSTR	3,450.74	0.00	0.51	2.48	-1.12	-3.38	1,307
NGXINS	687.62	-0.17	2.53	5.73	1.08	-12.54	883
NGXLOTUSISLM	8,262.09	0.41	3.35	8.96	9.37	18.57	2,792
NGXMAINBOARD	5,573.54	0.59	3.00	7.72	10.12	11.38	13,218
NGXMERIGRW	7,709.86	1.59	3.77	4.17	12.39	18.19	2,756
NGXMERIVAL	10,248.45	-1.96	-1.41	-0.71	-0.43	-1.74	4,733
NGXOILGAS	2,348.40	-5.01	-4.05	-0.10	-4.01	-13.38	390
NGXPENBRD	2,019.68	-0.15	1.87	5.86	6.93	10.27	14,193
NGXPENSION	5,247.66	-0.26	1.54	5.86	9.63	15.74	10,014
NGXPREMIUM	10,252.28	-1.41	-0.68	1.94	0.85	5.34	3,707
NGXSOVBND	655.11	0.00	0.00	0.79	4.51	8.91	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"