InfoWARE Analyst Daily Market Report (17-Sep-2025 15:25:35.606)

InfoWARE Analyst Daily Market Report (17-Sep-2025 15:25:35.606)
(Source: InfoWARE Terminal, Date: 17-Sep-2025)

Dear Investor,

InfoWARE Analyst Daily Market Report - 17-Sep-2025 15:25:35.591

The Nigerian equities market recorded another up day, as the NGX All-Share Index (NGXASI) closed the day up by 0.35%, to bring the Year-to-Date returns up 37.66%. The All Share Index closed at 142,036.23 against the previous close of 141,546.78, volume traded increased by 144.89% from 391.30M to 958.26M, while market turnover (the total value of shares traded) increased by 38.62% from NGN12.12B to NGN16.79B in 21,560.00 deals.
Market breadth (0.80x) signified Twenty-eight (28) advancers, as against Thirty-five (35) decliners. Volume was up for 65 companies and down for 74

Top ASI Gainers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
MULTIVERSE	13.60	21.30	2.57	12.50	27.98	65.09	73.29
ETRANZACT	17.95	15.05	-4.18	4.88	58.53	105.99	164.62
LIVINGTRUST	5.30	14.72	0.00	4.33	26.19	-22.06	21.00
GUINNESS	152.90	11.89	4.64	11.89	23.08	81.82	127.76
CHELLARAM	13.30	9.77	9.77	9.77	39.05	53.20	294.59
EUNISELL	27.80	9.45	0.00	9.45	9.23	114.67	44.27
VETINDETF	49.00	8.89	0.00	4.26	-0.45	34.43	17.08
UNILEVER	73.00	8.71	0.00	0.27	0.00	41.20	102.78
NNFM	93.90	8.62	0.00	0.00	8.30	-13.06	113.90
CUSTODIAN	44.80	8.34	-1.45	8.34	8.34	62.92	158.19

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
DEAPCAP	1.70	-15.51	-7.06	-12.22	-7.60	43.64	31.67
ROYALEX	2.13	-13.04	-6.10	-9.50	-3.85	75.44	81.82
OMATEK	1.22	-12.12	-4.92	-4.92	-12.12	45.00	45.00
CORNERST	7.14	-11.05	-8.68	-10.07	-5.51	53.41	64.65
GREENWETF	230.45	-10.00	0.00	-10.00	-19.00	-16.56	-56.84
MCNICHOLS	3.55	-9.90	0.00	0.00	-6.58	40.32	120.50
GUINEAINS	1.65	-9.70	-9.70	-9.70	-2.61	73.26	67.42
LEGENDINT	5.50	-8.93	-7.27	-7.27	-4.67	-37.58	-17.74
STERLINGNG	7.50	-7.59	-2.67	-3.31	-2.67	29.20	25.21
NSLTECH	0.82	-6.98	-2.44	-3.61	-10.11	33.33	15.94

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"

CHELLARAMS PLC. (CHELLARAM) topped the advancers list closing at N14.60 with a gain of 9.77% followed by AUSTIN LAZ & COMPANY PLC (AUSTINLAZ) which closed at N2.95 with a gain of 9.67%.

On the flip side GUINEA INSURANCE PLC. (GUINEAINS) and MERISTEM VALUE EXCHANGE TRADED FUND (MERVALUE) topped the decliners log with a loss of -9.70% at a close of N1.49, and -9.09% to close the day at N200.00 respectively.

Top Gainers

Symbol	LClose	%Chg
CHELLARAM	14.60	9.77
AUSTINLAZ	2.95	9.67
TIP	12.97	8.08
SOVRENINS	3.06	7.37
ARADEL	583.00	6.97

Top Losers

Symbol	LClose	%Chg
GUINEAINS	1.49	-9.70
MERVALUE	200.00	-9.09
CORNERST	6.52	-8.68
LEGENDINT	5.10	-7.27
DEAPCAP	1.58	-7.06

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 0.11%(1.65) 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
FGS202892	95.00	10.53	85.67			0.00	0.00	20.00	1.00	19.00K	17-Sep-2025 14:30:36.370
AUSTINLAZ	2.95	8.81	2.90	0.00	0.00	0.00	3.19B	552.79K	103.00	1.58M	17-Sep-2025 14:30:13.050
SOVRENINS	3.06	6.86	2.87	27.95	0.03	3.75	34.78B	11.65M	135.00	35.11M	17-Sep-2025 14:30:22.200
INTBREW	12.30	6.50	12.26	0.00	0.00	6.23	330.40B	801.16K	94.00	9.76M	17-Sep-2025 14:30:17.993
ACADEMY	9.30	4.84	9.12	0.00	0.00	3.51	7.03B	279.42K	37.00	2.60M	17-Sep-2025 14:30:12.500
FIRSTHOLDCO	32.35	4.79	31.63			0.00	0.00	22.53M	304.00	699.63M	17-Sep-2025 14:31:20.267
RTBRISCOE	3.45	4.35	3.37	0.00	0.00	4.35	4.06B	1.03M	35.00	3.56M	17-Sep-2025 14:30:21.907
FGS202886	95.00	3.68	91.74			0.00	0.00	10.00	1.00	9.50K	17-Sep-2025 14:30:36.137
LINKASSURE	2.17	3.23	2.16	59.89	0.02	5.56	30.38B	1.67M	59.00	3.64M	17-Sep-2025 14:30:18.500
LOTUSHAL15	60.00	3.15	59.11			0.00	0.00	22.87K	8.00	1.46M	17-Sep-2025 14:31:22.543
FG202034S2	111.60	3.00	110.25			0.00	0.00	3.00K	1.00	3.35M	17-Sep-2025 14:30:32.407
NGXSOVBND	657.27	0.38	655.04	0.00	0.00	0.00	0.00	0.00	0.00	0.00	17-Sep-2025 14:30:47.790
ELLAHLAKES	13.40	0.37	13.34	0.00	0.00	0.00	26.80B	3.48M	260.00	46.39M	17-Sep-2025 14:30:15.547
NGXPREMIUM	13,811.69	0.18	13,796.94	2,048.74	238.70	0.00	0.00	58.08M	5,658.00	5.01B	17-Sep-2025 14:30:47.753

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
NGXINS	1,278.84	-1.63	1,293.32	10.41	2.09	0.00	0.00	75.70M	1,783.00	234.75M	17-Sep-2025 14:30:47.447
NPFMCRFBK	3.05	-2.30	3.07	5.63	0.27	8.00	18.28B	434.73K	24.00	1.34M	17-Sep-2025 14:30:20.180
TANTALIZER	2.44	-2.46	2.45	0.00	0.00	1.50	7.84B	5.71M	99.00	13.94M	17-Sep-2025 14:30:22.680
UNIVINSURE	1.20	-4.17	1.23	0.00	0.00	0.00	19.20B	11.44M	131.00	13.95M	17-Sep-2025 14:31:19.923
WAPIC	3.34	-4.79	3.47	72.55	0.02	2.56	80.13B	1.34M	97.00	4.61M	17-Sep-2025 14:30:24.817
CILEASING	6.60	-5.45	6.66	6.50	0.64	1.20	5.16B	282.02K	37.00	1.89M	17-Sep-2025 14:30:14.147
ROYALEX	2.00	-6.50	2.08	0.00	0.00	7.81	10.29B	1.83M	113.00	3.80M	17-Sep-2025 14:30:21.783
LEGENDINT	5.10	-7.84	5.36			0.00	0.00	3.98M	63.00	21.49M	17-Sep-2025 14:30:18.460
CORNERST	6.52	-9.51	6.96	8.62	0.35	5.28	118.44B	4.19M	128.00	27.35M	17-Sep-2025 14:30:14.687
MERVALUE	200.00	-10.00	204.63			0.00	0.00	1.28K	7.00	255.80K	17-Sep-2025 14:31:20.143
GUINEAINS	1.49	-10.74	1.56	66.79	0.01	1.96	9.15B	1.83M	97.00	2.84M	17-Sep-2025 14:30:17.117

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
ABBEYBDS	ABBEY BUILDING SOCIETY PLC	401.07M	366.61K	109,298.65	6.80	6.80	0.00	47	2.73B
FIDELITYBK	FIDELITY BANK PLC	254.81M	33.59M	658.54	20.70	20.55	0.73	509	5.27B
ARADEL	ARADEL HOLDINGS PLC	13.03M	3.00M	333.78	583.00	545.00	6.97	858	6.88B
ETI	ECOBANK TRANSNATIONAL INCORPORATED	11.38M	4.88M	133.22	36.00	36.00	0.00	164	409.60M
PZ	P Z CUSSONS NIGERIA PLC.	7.95M	3.66M	117.39	34.85	34.85	0.00	279	252.42M

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	219.36	37.66	0.01
CAVERTON	5.52	1.15	1.57	0.98	172.55	37.66	0.02
ROYALEX	7.81	0.00	0.00	0.96	81.82	37.66	0.04
CORNERST	5.28	8.62	0.35	0.93	64.65	37.66	0.07
VERITASKAP	4.17	48.77	0.02	0.88	46.98	37.66	0.12
UNIVINSURE	0.00	0.00	0.00	0.83	66.67	37.66	0.17
FTNCOCOA	1.60	0.00	0.00	0.79	220.21	37.66	0.21
NB	3.79	16.95	1.60	0.79	119.38	37.66	0.21
MAYBAKER	3.75	58.94	0.14	0.78	86.17	37.66	0.22
UNILEVER	2.81	67.09	0.40	0.75	102.78	37.66	0.25

African Markets

Name	LClose	Change	%Chg
BRVM Stock Exchange	322.01	-0.06	-0.02
Botswana Stock Exchange	10,611.86	0.00	0.00
Egyptian Exchange	34,840.82	-323.51	-0.92
Ghana Stock Exchange	7,465.99	149.98	2.05
Johannesburg Stock Exchange	104,885.00	209.35	0.20
Lusaka Stock Exchange	24,749.23	-7.43	-0.03
Casablanca Stock Exchange	19,646.32	37.26	0.19
Nigeria Stock Exchange	141,546.80	-113.33	-0.08
Nairobi Securities Exchange	178.06	-0.97	-0.54
Namibian Stock Exchange	1,910.57	5.71	0.30
Rwanda Stock Exchange	179.11	0.00	0.00
Tunis Stock Exchange	12,214.56	60.77	0.50
Uganda Securities Exchange	1,441.23	-3.47	-0.24

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	142,036.23	0.35	0.27	1.66	18.62	37.66	21,560
NGX30	5,175.56	0.39	0.23	1.55	9.57	35.67	11,351
NGXAFRBVI	3,554.17	-0.76	-0.98	1.97	0.30	43.27	4,682
NGXAFRHDYI	22,879.30	-0.37	-0.42	1.54	9.40	34.37	5,206
NGXASEM	1,538.10	0.00	0.00	0.00	-3.57	-2.88	4
NGXBNK	1,524.22	-0.16	-0.46	0.84	0.89	40.17	5,363
NGXCG	4,077.12	-0.03	-0.12	1.05	18.57	44.11	11,624
NGXCNSMRGDS	3,313.18	0.90	0.51	3.87	-4.48	91.03	3,195
NGXCOMMDTY	1,110.22	1.25	1.25	3.94	6.01	11.02
NGXGROWTH	12,806.54	1.31	2.13	14.34	34.67	64.97	248
NGXINDUSTR	4,929.13	0.06	0.06	-0.07	39.92	38.01	1,775
NGXINS	1,278.84	-1.61	-2.18	-0.32	73.14	62.66	1,783
NGXLOTUSISLM	11,774.57	0.64	0.67	3.11	22.98	68.98	3,893
NGXMAINBOARD	6,944.82	0.43	0.39	2.33	17.73	38.79	15,654
NGXMERIGRW	9,987.35	-0.64	-0.63	-0.27	3.47	53.10	3,072
NGXMERIVAL	13,629.91	-0.47	-0.73	1.94	14.08	30.67	5,892
NGXOILGAS	2,483.08	2.59	2.73	4.74	3.80	-8.41	345
NGXPENBRD	2,638.03	0.20	0.21	1.85	14.73	44.03	17,630
NGXPENSION	6,726.95	0.40	0.31	1.62	5.86	48.37	12,987
NGXPREMIUM	13,811.69	0.18	0.03	0.36	20.42	41.91	5,658
NGXSOVBND	657.27	0.38	0.38	-0.24	0.58	9.26	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"