InfoWARE Analyst Daily Market Report (17-Dec-2025 15:08:13.696)

InfoWARE Analyst Daily Market Report (17-Dec-2025 15:08:13.696)
(Source: InfoWARE Terminal, Date: 17-Dec-2025)

Dear Investor,

InfoWARE Analyst Daily Market Report - 17-Dec-2025 15:08:13.694

The Nigerian equities market recorded another up day, as the NGX All-Share Index (NGXASI) closed the day up by 0.26%, to bring the Year-to-Date returns up 45.22%. The All Share Index closed at 149,842.82 against the previous close of 149,459.11, volume traded decreased by -72.27% from 849.02M to 235.48M, while market turnover (the total value of shares traded) decreased by -64.98% from NGN17.32B to NGN6.07B in 13,517.00 deals.
Market breadth (1.56x) signified Forty-two (42) advancers, as against Twenty-seven (27) decliners. Volume was up for 74 companies and down for 67

Top ASI Gainers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
ASOSAVINGS	3.21	200.00	0.00	200.00	200.00	542.00	542.00
SIAMLETF40	1,024.98	33.09	10.00	21.00	61.06	123.26	40.94
MECURE	45.85	32.81	9.92	20.86	69.13	93.10	262.59
ALEX	9.35	32.26	9.63	20.59	43.36	43.36	43.36
FIRSTHOLDCO	36.00	25.91	10.00	14.62	27.54	27.74	40.43
SOVRENINS	4.11	23.24	1.95	12.03	45.99	54.04	240.65
GUINNESS	263.40	20.94	0.00	9.98	57.72	43.35	274.95
AIICO	3.90	15.65	2.31	5.28	13.35	8.13	154.14
AFRIPRUD	12.60	13.33	7.94	13.33	5.43	-8.72	-39.82
EUNISELL	84.80	13.11	0.24	3.79	4.94	115.19	341.10

Top ASI Losers Over Last 5 Trading Days

Symbol	Price	%Chg5Dys	%Chg1Dy	%ChgWTD	%ChgMTD	%ChgQTD	%ChgYTD
STANBICETF30	930.04	-27.10	-10.00	-19.00	-27.35	69.10	126.84
LIVINGTRUST	3.50	-16.67	-10.00	-18.18	-12.01	-48.28	-28.08
MERGROWTH	730.00	-10.27	-10.00	-1.29	52.80	65.08	66.55
INTENEGINS	2.52	-9.92	-9.92	-9.92	0.89	-26.30	21.39
VETINDETF	56.90	-9.68	0.00	0.00	7.36	13.80	35.96
TIP	11.55	-9.02	0.43	-3.33	4.98	-20.55	364.00
FTNCOCOA	4.50	-8.16	0.00	0.00	-8.16	-22.95	139.36
JAPAULGOLD	2.55	-7.14	-3.14	-7.49	12.79	-1.20	15.42
NB	76.70	-6.92	0.00	-0.07	14.91	3.30	139.69
NEM	25.30	-6.02	-1.19	-6.02	0.00	-9.09	108.33

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"

FIRST HOLDCO PLC (FIRSTHOLDCO) topped the advancers list closing at N39.60 with a gain of 10.00% followed by LASACO ASSURANCE PLC. (LASACO) which closed at N2.75 with a gain of 10.00%.

On the flip side LIVINGTRUST MORTGAGE BANK PLC (LIVINGTRUST) and STANBIC IBTC ETF 30 (STANBICETF30) topped the decliners log with a loss of -10.00% at a close of N3.15, and -10.00% to close the day at N837.04 respectively.

Top Gainers

Symbol	LClose	%Chg
FIRSTHOLDCO	39.60	10.00
LASACO	2.75	10.00
PRESTIGE	1.65	10.00
VERITASKAP	1.76	10.00
SIAMLETF40	1,127.47	10.00

Top Losers

Symbol	LClose	%Chg
LIVINGTRUST	3.15	-10.00
STANBICETF30	837.04	-10.00
MERGROWTH	657.02	-10.00
INTENEGINS	2.27	-9.92
MCNICHOLS	2.97	-6.90

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%(-1.34) 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
LASACO	2.75	9.09	2.55	21.56	0.11	4.05	5.04B	10.92M	86.00	29.16M	17-Dec-2025 14:32:38.773
PRESTIGE	1.65	9.09	1.61	10.49	0.08	2.50	21.87B	2.52M	38.00	4.11M	17-Dec-2025 14:32:49.337
VERITASKAP	1.76	9.09	1.75	48.77	0.02	4.17	24.41B	3.33M	141.00	5.84M	17-Dec-2025 14:32:56.163
LINKASSURE	1.81	8.84	1.77	59.89	0.02	5.56	25.34B	5.76M	74.00	10.03M	17-Dec-2025 14:32:39.823
GUINEAINS	1.18	8.47	1.16	66.79	0.01	1.96	7.25B	2.40M	76.00	2.81M	17-Dec-2025 14:32:34.790
CAP	74.00	7.36	70.07	12.92	2.90	4.13	60.29B	539.86K	75.00	38.35M	17-Dec-2025 14:32:26.673
AFRIPRUD	13.60	7.35	12.92	19.57	0.61	1.27	27.20B	3.79M	135.00	51.16M	17-Dec-2025 14:32:26.160
CHAMPION	14.45	7.27	13.85	412.83	0.01	0.41	113.14B	2.31M	153.00	32.68M	17-Dec-2025 14:32:26.743
OKOMUOIL	1,109.00	6.40	1,076.33	65.18	5.63	0.54	1,057.89B	342.95K	466.00	373.93M	17-Dec-2025 14:32:47.973
CORNERST	5.77	4.68	5.58	8.62	0.35	5.28	104.82B	583.79K	48.00	3.36M	17-Dec-2025 14:32:26.953
ACCESSCORP	20.80	3.85	20.72	8.56	2.81	1.87	739.34B	41.51M	1,297.00	841.36M	17-Dec-2025 14:33:10.920
STERLINGNG	7.35	3.40	7.12	15.75	0.30	3.19	211.61B	87.31M	371.00	606.16M	17-Dec-2025 14:32:52.793
VFDGROUP	10.50	3.33	10.32	0.00	0.00	0.00	0.00	712.00K	98.00	7.40M	17-Dec-2025 14:32:56.187
UCAP	17.55	3.13	17.23	19.15	0.93	5.03	105.30B	4.57M	194.00	79.23M	17-Dec-2025 14:32:55.460
NGXSOVBND	680.95	3.13	667.63	0.00	0.00	0.00	0.00	2.98K	5.00	3.21M	17-Dec-2025 14:32:59.520
FG192053S3	106.10	2.44	103.68			0.00	0.00	658.00	1.00	698.13K	17-Dec-2025 14:32:57.650
NGXMERIGRW	10,041.79	1.74	9,966.64	34.89	293.99	0.00	0.00	9.43M	1,784.00	1.01B	17-Dec-2025 14:32:59.457
LIVESTOCK	6.25	1.60	6.20	0.00	0.00	2.94	18.75B	548.84K	93.00	3.41M	17-Dec-2025 14:32:40.133
NAHCO	105.00	0.95	104.26	92.98	0.41	6.66	204.65B	722.91K	111.00	75.78M	17-Dec-2025 14:33:09.367
NGXAFRHDYI	21,023.76	0.89	20,973.25	7.46	39.30	0.00	0.00	43.52M	3,025.00	1.77B	17-Dec-2025 14:32:59.313
NGXCOMMDTY	1,178.60	0.48	1,176.64			0.00	0.00	464.31K	863.00	461.53M	17-Dec-2025 14:32:59.373

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
CAVERTON	5.20	0.00	5.21	1.15	1.57	5.52	17.42B	198.57K	55.00	1.05M	17-Dec-2025 14:32:26.710
TRANSCORP	41.00	-2.93	41.98	0.00	0.00	0.23	1,666.57B	1.68M	201.00	69.33M	17-Dec-2025 14:33:09.380
TANTALIZER	2.31	-3.03	2.32	0.00	0.00	1.50	7.42B	14.66M	232.00	34.00M	17-Dec-2025 14:32:53.280
UNIVINSURE	1.12	-4.46	1.15	0.00	0.00	0.00	17.92B	1.43M	69.00	1.63M	17-Dec-2025 14:32:55.890
WAPCO	133.00	-4.59	137.48	24.60	2.87	2.70	2,142.34B	3.01M	404.00	407.31M	17-Dec-2025 14:33:09.627
LEGENDINT	5.21	-5.57	5.28			0.00	0.00	962.66K	60.00	5.23M	17-Dec-2025 14:32:39.537
FGSUK2032S5	103.00	-5.83	104.33			0.00	0.00	2.05K	5.00	2.11M	17-Dec-2025 14:33:12.080
CHAMS	2.92	-6.85	3.05	27.02	0.07	1.56	13.71B	9.11M	398.00	27.09M	17-Dec-2025 14:32:26.777
OMATEK	1.09	-7.34	1.16	6.82	0.10	0.00	3.21B	5.04M	92.00	5.49M	17-Dec-2025 14:32:48.300
INTENEGINS	2.27	-11.01	2.39	0.52	2.85	3.40	2.91B	551.27K	30.00	1.35M	17-Dec-2025 14:32:37.357

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
FIRSTHOLDCO	FIRST HOLDCO PLC	108.15M	19.43M	456.58	39.60	36.00	10.00	918	4.21B
STERLINGNG	STERLING FINANCIAL HOLDINGS COMPANY PLC	87.31M	14.54M	500.60	7.35	7.10	3.52	371	606.16M
FCMB	FCMB GROUP PLC.	74.28M	23.24M	219.61	10.55	10.60	-0.47	380	783.56M
SOVRENINS	SOVEREIGN TRUST INSURANCE PLC	20.61M	10.13M	103.40	4.19	4.11	1.95	373	88.03M
CUSTODIAN	CUSTODIAN AND ALLIED PLC	19.89M	2.77M	619.30	39.00	39.90	-2.26	68	775.78M

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	170.95	45.22	0.01
CAVERTON	5.52	1.15	1.57	0.98	103.92	45.22	0.02
ROYALEX	7.81	0.00	0.00	0.96	71.82	45.22	0.04
CORNERST	5.28	8.62	0.35	0.93	45.71	45.22	0.07
UNIVINSURE	0.00	0.00	0.00	0.83	55.56	45.22	0.17
FTNCOCOA	1.60	0.00	0.00	0.79	139.36	45.22	0.21
NB	3.79	16.95	1.60	0.79	139.69	45.22	0.21
MAYBAKER	3.75	58.94	0.14	0.78	89.36	45.22	0.22
UNILEVER	2.81	67.09	0.40	0.75	100.00	45.22	0.25
VETGOODS	0.00			0.71	101.16	45.22	0.29

African Markets

Name	LClose	Change	%Chg
BRVM Stock Exchange	345.97	-1.18	-0.34
Botswana Stock Exchange	10,932.41	40.30	0.37
Egyptian Exchange	42,002.37	-304.61	-0.72
Ghana Stock Exchange	8,706.79	28.64	0.33
Lusaka Stock Exchange	25,608.34	17.91	0.07
Malawi Stock Exchange	610,649.69	-2,083.29	-0.34
Nigeria Stock Exchange	149,459.11	14.94	0.01
Nairobi Securities Exchange	179.29	1.26	0.71
Rwanda Stock Exchange	180.98	0.00	0.00
Tunis Stock Exchange	13,180.56	-10.55	-0.08
Uganda Securities Exchange	1,532.37	19.81	1.31

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	149,842.82	0.26	0.27	4.63	4.80	45.22	13,517
NGX30	5,467.74	0.18	0.10	4.40	4.79	43.33	7,673
NGXAFRBVI	3,224.02	0.70	-0.36	3.55	-9.17	29.96	2,475
NGXAFRHDYI	21,023.76	0.90	-0.03	1.17	-5.56	23.47	3,025
NGXASEM	1,392.88	0.00	0.00	0.00	-9.44	-12.05	0
NGXBNK	1,454.13	1.48	1.19	5.12	-4.13	33.72	3,419
NGXCG	4,103.07	1.03	1.04	6.89	1.29	45.02	7,022
NGXCNSMRGDS	3,546.32	0.03	0.23	4.72	4.83	104.47	2,198
NGXCOMMDTY	1,178.60	0.48	0.49	-0.25	5.06	17.86	863
NGXGROWTH	22,075.43	7.19	14.58	49.31	46.47	184.37	349
NGXINDUSTR	5,485.19	-0.63	-0.72	6.93	8.24	53.58	1,302
NGXINS	1,173.19	2.02	2.38	8.25	-1.92	49.22	824
NGXLOTUSISLM	13,243.39	0.47	0.35	3.78	11.56	90.06	3,144
NGXMAINBOARD	7,091.60	0.21	0.20	1.52	0.67	41.72	9,205
NGXMERIGRW	10,041.79	1.77	1.04	0.79	1.40	53.94	1,784
NGXMERIVAL	12,867.12	0.27	0.31	4.48	-3.75	23.36	3,076
NGXOILGAS	2,675.59	-0.05	-0.14	-0.77	5.92	-1.31	693
NGXPENBRD	2,817.14	0.25	0.26	4.56	6.26	53.81	11,299
NGXPENSION	6,932.35	0.63	0.70	4.70	2.89	52.90	8,466
NGXPREMIUM	15,559.50	0.29	0.32	10.46	13.64	59.86	3,650
NGXSOVBND	680.95	3.23	3.23	1.11	3.60	13.20	5

For more detailed analysis,

On InfoWARE Market Data Terminal <MKTINS> <GO>
On InfoWARE Finance Mobile App ( Android, iPhone & iPad and Windows 10) , "Market Indexes"