InfoWARE Analyst Daily Market Report (04-Dec-2025 15:07:02.683)

InfoWARE Analyst Daily Market Report (04-Dec-2025 15:07:02.683)
(Source: InfoWARE Terminal, Date: 04-Dec-2025)

Dear Investor,

InfoWARE Analyst Daily Market Report - 04-Dec-2025 15:07:02.683

The Nigerian equities market recorded another up day, as the NGX All-Share Index (NGXASI) closed the day up by 0.10%, to bring the Year-to-Date returns up 40.99%. The All Share Index closed at 145,476.15 against the previous close of 145,323.87, volume traded decreased by -13.21% from 383.27M to 332.64M, while market turnover (the total value of shares traded) decreased by -29.51% from NGN14.87B to NGN10.48B in 21,933.00 deals.
Market breadth (0.91x) signified Twenty-nine (29) advancers, as against Thirty-two (32) decliners. Volume was up for 87 companies and down for 55

Top ASI Gainers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
STANBICETF30	1,394.16	33.10	10.00	33.10	33.10	209.81	315.60
MERVALUE	286.00	29.75	9.79	29.75	29.75	75.22	57.24
NCR	72.70	20.97	0.00	20.97	20.97	354.38	1,221.82
GUINNESS	198.00	18.56	0.00	18.56	18.56	7.76	181.85
DAARCOMM	0.92	13.95	6.52	13.95	13.95	-10.91	44.12
UACN	80.00	13.40	10.00	13.40	13.40	31.34	167.07
DANGCEM	588.00	9.99	0.00	9.99	9.99	11.98	22.81
NGXGROUP	61.80	9.96	0.00	9.96	9.96	3.00	126.79
MULTIVERSE	11.05	9.95	0.00	9.95	9.95	-20.50	37.27
MORISON	3.22	9.94	9.94	9.94	9.94	9.94	-11.72

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
EUNISELL	81.00	-10.00	-10.00	-10.00	-10.00	84.56	278.31
TRANSCOHOT	174.90	-9.95	-9.95	-9.95	-9.95	-4.31	35.78
Ikejahotel	28.60	-9.92	0.00	-9.92	-9.92	43.00	131.58
LEGENDINT	5.00	-9.91	0.00	-9.91	-9.91	-2.72	-19.35
LIVINGTRUST	3.23	-9.78	0.00	-9.78	-9.78	-46.96	-26.26
NEWGOLD	63,578.90	-9.39	-18.05	-9.39	-9.39	-10.17	79.02
ROYALEX	1.90	-7.69	-5.26	-7.69	-7.69	-15.49	63.64
VERITASKAP	1.71	-7.47	-5.85	-7.47	-7.47	-23.33	8.05
CAP	73.00	-6.16	-6.16	-6.16	-6.16	-3.52	80.26
ELLAHLAKES	14.60	-6.14	-10.00	-6.14	-6.14	7.27	336.54

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"

U A C N PLC. (UACN) topped the advancers list closing at N88.00 with a gain of 10.00% followed by STANBIC IBTC ETF 30 (STANBICETF30) which closed at N1,533.57 with a gain of 10.00%.

On the flip side NEWGOLD EXCHANGE TRADED FUND (ETF) (NEWGOLD) and VETIVA CONSUMER GOODS ETF (VETGOODS) topped the decliners log with a loss of -18.05% at a close of N52,100.00, and -10.00% to close the day at N40.50 respectively.

Top Gainers

Symbol	LClose	%Chg
UACN	88.00	10.00
STANBICETF30	1,533.57	10.00
MORISON	3.54	9.94
MERVALUE	314.00	9.79
ETI	36.90	8.53

Top Losers

Symbol	LClose	%Chg
NEWGOLD	52,100.00	-18.05
VETGOODS	40.50	-10.00
ELLAHLAKES	13.14	-10.00
EUNISELL	72.90	-10.00
VETGRIF30	60.15	-10.00

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 0.02%(-0.29) 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
FGSUK2031S4	94.83	10.37	88.97			0.00	0.00	5.00	1.00	4.74K	04-Dec-2025 14:30:42.573
ETI	36.90	7.86	34.76	5.00	5.10	2.00	677.10B	21.88M	61.00	744.26M	04-Dec-2025 14:30:12.613
MANSARD	13.90	7.19	13.02	31.16	0.24	4.59	125.10B	1.17M	93.00	15.62M	04-Dec-2025 14:30:12.987
LOTUSHAL15	80.99	6.78	79.62			0.00	0.00	3.68K	12.00	298.05K	04-Dec-2025 14:30:41.937
DAARCOMM	0.98	6.12	0.94	0.00	0.00	0.00	11.76B	10.27M	134.00	9.22M	04-Dec-2025 14:30:12.507
HONYFLOUR	19.15	4.44	18.67	16.28	0.31	1.40	151.86B	2.24M	319.00	41.90M	04-Dec-2025 14:30:12.820
WAPCO	138.00	3.33	134.04	24.60	2.87	2.70	2,222.88B	848.57K	288.00	113.49M	04-Dec-2025 14:30:35.567
WEMABANK	18.90	3.17	18.88	216.91	0.04	5.81	243.02B	2.75M	282.00	50.39M	04-Dec-2025 14:30:14.057
NB	70.00	2.71	68.54	16.95	1.60	3.79	719.33B	2.10M	289.00	146.57M	04-Dec-2025 14:30:13.110

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
NAHCO	106.50	0.00	106.66	92.98	0.41	6.66	207.58B	372.97K	150.00	37.87M	04-Dec-2025 14:30:13.087
UCAP	17.05	-1.17	17.17	19.15	0.93	5.03	102.30B	3.68M	216.00	62.88M	04-Dec-2025 14:30:13.660
LIVESTOCK	6.40	-1.56	6.45	0.00	0.00	2.94	19.20B	507.23K	87.00	3.23M	04-Dec-2025 14:30:34.943
CAVERTON	4.90	-5.10	5.13	1.15	1.57	5.52	16.42B	853.68K	71.00	4.35M	04-Dec-2025 14:30:10.733
NSLTECH	0.78	-6.41	0.81	0.00	0.00	15.87	4.39B	2.15M	107.00	1.72M	04-Dec-2025 14:30:13.260
OMATEK	1.18	-10.17	1.19	6.82	0.10	0.00	3.47B	3.96M	83.00	4.77M	04-Dec-2025 14:30:13.323
VETINDETF	55.60	-10.79	57.97			0.00	0.00	29.92K	37.00	1.94M	04-Dec-2025 14:30:35.300
EUNISELL	72.90	-11.11	79.41	0.00	0.00	0.31	17.26B	646.85K	99.00	47.32M	04-Dec-2025 14:30:12.650
NEWGOLD	52,100.00	-22.03	56,514.99	0.00	0.00	0.00	0.00	6.00	4.00	324.30K	04-Dec-2025 14:30:35.217

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
ETI	ECOBANK TRANSNATIONAL INCORPORATED	21.88M	1.40M	1,463.84	36.90	34.00	8.53	61	744.26M
DAARCOMM	DAAR COMMUNICATIONS PLC	10.27M	3.25M	216.40	0.98	0.92	6.52	134	9.22M
UPDC	UPDC PLC	8.55M	2.95M	189.96	4.81	4.81	0.00	199	41.29M
UPDCREIT	UPDC REAL ESTATE INVESTMENT TRUST	6.10M	1.77M	245.57	6.70	6.70	0.00	218	41.03M
NASCON	NATIONAL SALT CO. NIG. PLC	4.57M	1.61M	184.13	99.80	103.60	-3.67	191	437.67M

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	352.42	2.10	0.60
Botswana Stock Exchange	10,762.55	0.00	0.00
Egyptian Exchange	40,693.92	-61.13	-0.15
Lusaka Stock Exchange	25,185.95	27.67	0.11
Malawi Stock Exchange	616,145.84	-1,172.91	-0.19
Nigeria Stock Exchange	145,323.87	391.32	0.27
Nairobi Securities Exchange	178.83	-1.28	-0.71
Rwanda Stock Exchange	180.62	1.42	0.79
Tunis Stock Exchange	13,200.60	11.87	0.09
Uganda Securities Exchange	1,521.06	-9.80	-0.64

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	145,476.15	0.10	1.58	1.58	1.75	40.99	21,933
NGX30	5,317.15	0.13	1.53	1.53	1.90	39.38	11,460
NGXAFRBVI	3,168.80	0.31	1.77	1.77	-10.73	27.73	4,309
NGXAFRHDYI	20,905.51	0.10	0.60	0.60	-6.09	22.77	5,160
NGXASEM	1,392.88	0.00	0.00	0.00	-9.44	-12.05	1
NGXBNK	1,407.64	0.91	1.76	1.76	-7.19	29.45	4,469
NGXCG	3,901.15	0.39	1.63	1.63	-3.70	37.89	10,968
NGXCNSMRGDS	3,445.74	0.28	1.75	1.75	1.86	98.68	3,014
NGXCOMMDTY	1,178.64	0.00	-0.24	-0.24	5.06	17.86
NGXGROWTH	14,617.04	0.00	-1.13	-1.13	-3.02	88.29	386
NGXINDUSTR	5,401.45	0.48	5.29	5.29	6.58	51.23	1,753
NGXINS	1,105.44	1.56	2.00	2.00	-7.58	40.61	1,437
NGXLOTUSISLM	12,944.60	0.19	1.44	1.44	9.04	85.78	4,009
NGXMAINBOARD	7,025.15	0.04	0.57	0.57	-0.28	40.39	15,934
NGXMERIGRW	9,961.93	0.34	-0.01	-0.01	0.59	52.71	3,139
NGXMERIVAL	12,585.56	0.30	2.19	2.19	-5.85	20.66	5,538
NGXOILGAS	2,686.33	0.08	-0.37	-0.37	6.35	-0.92	307
NGXPENBRD	2,734.22	0.11	1.48	1.48	3.13	49.28	17,309
NGXPENSION	6,694.72	0.30	1.11	1.11	-0.64	47.66	13,025
NGXPREMIUM	14,586.15	0.23	3.55	3.55	6.53	49.86	5,613
NGXSOVBND	673.26	0.00	-0.03	-0.03	2.43	11.92	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"