InfoWARE Analyst Daily Market Report (26-Nov-2025 15:06:33.944)

InfoWARE Analyst Daily Market Report (26-Nov-2025 15:06:33.944)
(Source: InfoWARE Terminal, Date: 26-Nov-2025)

Dear Investor,

InfoWARE Analyst Daily Market Report - 26-Nov-2025 15:06:33.943

The Nigerian equities market recorded another down day, as the NGX All-Share Index (NGXASI) closed the day down by -0.48%, to bring the Year-to-Date returns up 38.66%. The All Share Index closed at 143,068.37 against the previous close of 143,763.13, volume traded increased by 45.89% from 458.61M to 669.06M, while market turnover (the total value of shares traded) increased by 115.84% from NGN15.33B to NGN33.08B in 18,777.00 deals.
Market breadth (1.17x) signified Thirty-four (34) advancers, as against Twenty-nine (29) decliners. Volume was up for 89 companies and down for 53

Top ASI Gainers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
NCR	45.20	20.92	9.96	20.92	210.63	210.63	803.64
Ikejahotel	22.85	19.90	9.41	20.19	44.09	25.00	102.43
NEWGOLD	57,500.00	12.52	0.00	4.36	4.55	-0.86	97.58
AIICO	3.20	11.75	10.00	10.00	-7.37	-4.61	124.20
SIAMLETF40	660.00	10.00	0.00	0.00	32.53	30.69	-17.50
INTENEGINS	2.33	9.91	0.00	1.30	-20.75	-24.35	24.60
EUNISELL	86.50	9.49	0.00	9.49	46.61	118.99	348.88
STANBICETF30	800.00	9.32	10.00	10.00	69.23	77.78	138.48
UACN	76.20	9.29	0.39	7.59	17.69	14.18	132.17
ETRANZACT	14.45	9.06	0.00	0.00	9.06	-9.69	122.31

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
CAVERTON	4.95	-10.00	0.00	-10.00	-1.98	-27.31	94.12
LEARNAFRCA	5.80	-10.00	-10.00	-10.00	-19.57	-19.69	16.00
UNIONDICON	6.30	-10.00	0.00	-10.00	-18.71	-22.22	-12.50
CADBURY	58.95	-9.92	-9.92	-9.92	-15.11	-17.29	146.98
MEYER	16.15	-9.91	-9.91	-9.91	-9.91	-13.13	72.60
REGALINS	1.05	-8.85	-1.90	-4.63	-14.17	-33.55	28.75
TANTALIZER	2.35	-8.37	-2.13	-4.17	-1.29	-7.63	2.22
INTBREW	12.00	-8.33	-8.33	-8.33	-17.91	-18.52	100.00
GREENWETF	380.00	-7.89	-7.89	-7.89	-1.41	50.73	-34.46
NPFMCRFBK	2.70	-7.51	0.37	0.37	-9.36	-9.67	54.86

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"

AIICO INSURANCE PLC. (AIICO) topped the advancers list closing at N3.52 with a gain of 10.00% followed by STANBIC IBTC ETF 30 (STANBICETF30) which closed at N880.00 with a gain of 10.00%.

On the flip side LEARN AFRICA PLC (LEARNAFRCA) and CADBURY NIGERIA PLC. (CADBURY) topped the decliners log with a loss of -10.00% at a close of N5.22, and -9.92% to close the day at N53.10 respectively.

Top Gainers

Symbol	LClose	%Chg
AIICO	3.52	10.00
STANBICETF30	880.00	10.00
NCR	49.70	9.96
Ikejahotel	25.00	9.41
VETGOODS	38.00	8.57

Top Losers

Symbol	LClose	%Chg
LEARNAFRCA	5.22	-10.00
CADBURY	53.10	-9.92
MEYER	14.55	-9.91
UPDC	5.47	-8.83
INTBREW	11.00	-8.33

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 0.09%(-1.37) 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
AIICO	3.52	9.09	3.42	2.01	0.60	4.13	128.85B	6.08M	267.00	20.77M	26-Nov-2025 14:30:44.023
VETBANK	14.00	7.14	13.80			0.00	0.00	15.01K	19.00	210.11K	26-Nov-2025 14:32:14.033
STERLINGNG	7.80	6.41	7.40	15.75	0.30	3.19	224.57B	4.89M	344.00	37.24M	26-Nov-2025 14:32:13.763
MANSARD	13.30	6.39	12.97	31.16	0.24	4.59	119.70B	6.52M	111.00	85.10M	26-Nov-2025 14:30:50.453
LASACO	2.55	1.96	2.50	21.56	0.11	4.05	4.68B	1.95M	51.00	4.84M	26-Nov-2025 14:30:50.117
FCMB	10.65	1.41	10.61	104.31	0.09	5.62	210.90B	2.82M	348.00	29.43M	26-Nov-2025 14:30:47.900
JAIZBANK	4.55	1.10	4.52	83.05	0.03	1.67	157.16B	3.09M	284.00	13.97M	26-Nov-2025 14:32:17.290
ZENITHBANK	60.30	0.91	60.26	3.33	13.30	2.25	1,893.21B	36.13M	1,007.00	2.19B	26-Nov-2025 14:32:14.287
ETI	34.65	0.00	34.58	5.00	5.10	2.00	635.81B	345.92K	61.00	11.48M	26-Nov-2025 14:30:47.540

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
WAPCO	133.00	-0.75	133.26	24.60	2.87	2.70	2,142.34B	15.12M	232.00	2.01B	26-Nov-2025 14:32:14.273
NGXCNSMRGDS	3,399.05	-1.35	3,434.03	30.19	55.24	0.00	0.00	64.11M	2,337.00	4.40B	26-Nov-2025 14:31:21.410
FTNCOCOA	4.90	-2.04	4.91	0.00	0.00	1.60	19.11B	2.34M	108.00	11.50M	26-Nov-2025 14:30:48.310
NB	66.00	-3.79	67.88	16.95	1.60	3.79	678.22B	37.99M	231.00	2.51B	26-Nov-2025 14:30:51.277
GREENWETF	350.00	-8.57	375.00			0.00	0.00	73.00	1.00	25.55K	26-Nov-2025 14:32:13.930
INTBREW	11.00	-9.09	11.65	0.00	0.00	6.23	295.48B	1.47M	91.00	16.43M	26-Nov-2025 14:30:49.543

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	134.12M	25.26M	430.90	86.00	86.00	0.00	1,010	11.57B
ACCESSCORP	Access Holdings PLC	110.52M	43.09M	156.50	20.80	20.70	0.48	1,128	2.29B
FIRSTHOLDCO	FIRST HOLDCO PLC	62.78M	19.33M	224.78	31.05	31.00	0.16	254	1.95B
NB	NIGERIAN BREW. PLC.	37.99M	5.88M	546.12	66.00	68.50	-3.65	231	2.51B
STANBIC	STANBIC IBTC HOLDINGS PLC	31.45M	5.52M	469.51	105.00	105.00	0.00	141	3.30B

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	147.11	38.66	0.01
CAVERTON	5.52	1.15	1.57	0.98	94.12	38.66	0.02
ROYALEX	7.81	0.00	0.00	0.96	80.00	38.66	0.04
CORNERST	5.28	8.62	0.35	0.93	46.46	38.66	0.07
UNIVINSURE	0.00	0.00	0.00	0.83	58.33	38.66	0.17
FTNCOCOA	1.60	0.00	0.00	0.79	160.64	38.66	0.21
NB	3.79	16.95	1.60	0.79	106.25	38.66	0.21
MAYBAKER	3.75	58.94	0.14	0.78	81.38	38.66	0.22
UNILEVER	2.81	67.09	0.40	0.75	100.00	38.66	0.25
VETGOODS	0.00			0.71	120.93	38.66	0.29

African Markets

Name	LClose	Change	%Chg
BRVM Stock Exchange	345.01	1.34	0.39
Botswana Stock Exchange	10,644.71	18.07	0.17
Egyptian Exchange	39,902.53	-160.25	-0.40
Ghana Stock Exchange	8,587.31	29.10	0.34
Johannesburg Stock Exchange	110,295.20	275.05	0.25
Lusaka Stock Exchange	25,352.46	-30.46	-0.12
Casablanca Stock Exchange	18,382.71	45.84	0.25
Malawi Stock Exchange	623,705.98	-1,062.11	-0.17
Nigeria Stock Exchange	143,763.13	143.62	0.10
Nairobi Securities Exchange	182.52	-3.59	-1.93
Namibian Stock Exchange	1,987.91	23.38	1.19
Rwanda Stock Exchange	179.20	0.00	0.00
Tunis Stock Exchange	13,211.66	-19.85	-0.15
Uganda Securities Exchange	1,578.68	-6.66	-0.42

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	143,068.37	-0.48	-0.38	-6.94	0.06	38.66	18,777
NGX30	5,230.81	-0.53	-0.51	-7.22	0.25	37.12	10,353
NGXAFRBVI	3,093.02	0.32	0.85	-6.79	-12.86	24.68	4,341
NGXAFRHDYI	20,536.72	0.38	0.35	-5.78	-7.74	20.61	4,654
NGXASEM	1,392.88	0.00	0.00	0.00	-9.44	-12.05	2
NGXBNK	1,377.42	0.24	0.62	-5.86	-9.19	26.67	4,562
NGXCG	3,818.01	-0.06	0.26	-6.60	-5.75	34.95	9,872
NGXCNSMRGDS	3,399.05	-1.33	-1.32	-4.30	0.48	95.98	2,337
NGXCOMMDTY	1,182.74	0.00	0.00	-2.07	5.43	18.27
NGXGROWTH	14,019.07	-0.32	-0.35	-9.60	-6.99	80.59	282
NGXINDUSTR	5,127.85	-2.03	-2.03	-13.90	1.18	43.57	1,463
NGXINS	1,094.15	2.66	1.80	-9.80	-8.52	39.17	1,346
NGXLOTUSISLM	12,740.27	-0.28	0.03	-6.40	7.32	82.84	3,409
NGXMAINBOARD	6,995.32	-0.76	-0.65	-4.55	-0.70	39.80	13,319
NGXMERIGRW	9,914.55	0.30	-0.03	-3.93	0.11	51.99	2,668
NGXMERIVAL	12,237.11	0.30	0.52	-6.09	-8.46	17.32	5,135
NGXOILGAS	2,705.44	0.17	0.00	-3.31	7.10	-0.21	315
NGXPENBRD	2,687.75	-0.33	-0.21	-6.40	1.38	46.74	15,625
NGXPENSION	6,598.23	0.02	0.35	-5.12	-2.07	45.53	11,698
NGXPREMIUM	14,009.29	0.05	0.13	-10.82	2.32	43.94	5,176
NGXSOVBND	671.67	0.00	3.98	0.49	2.19	11.66	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"