InfoWARE Analyst Daily Market Report (18-Dec-2025 15:14:20.446)

InfoWARE Analyst Daily Market Report (18-Dec-2025 15:14:20.446)
(Source: InfoWARE Terminal, Date: 18-Dec-2025)

Dear Investor,

InfoWARE Analyst Daily Market Report - 18-Dec-2025 15:14:20.444

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 45.73%. The All Share Index closed at 150,363.03 against the previous close of 149,842.82, volume traded decreased by -75.05% from 235.48M to 58.75M, while market turnover (the total value of shares traded) decreased by -32.07% from NGN6.07B to NGN4.12B in 8,039.00 deals.
Market breadth (1.19x) signified Thirty-eight (38) advancers, as against Thirty-two (32) decliners. Volume was up for 67 companies and down for 75

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	1,127.47	46.40	10.00	33.10	77.17	145.59	55.03
ALEX	10.25	45.16	9.76	32.35	57.34	57.34	57.34
MECURE	50.40	44.93	9.13	31.89	84.56	110.73	295.68
FIRSTHOLDCO	39.60	35.61	7.70	23.44	37.36	37.58	51.24
GUINNESS	263.40	33.01	9.98	20.96	73.47	57.66	312.38
SOVRENINS	4.19	22.94	-0.24	11.76	45.64	53.68	239.84
AIICO	3.99	13.33	-2.01	3.17	11.08	5.96	149.04
JAIZBANK	4.50	13.17	3.11	1.98	1.98	7.91	48.24
EUNISELL	85.00	13.11	0.00	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	837.04	-34.24	9.99	-10.90	-20.09	86.00	149.51
JAPAULGOLD	2.47	-20.00	-2.83	-10.11	9.59	-4.00	12.15
MERGROWTH	657.02	-19.24	-10.00	-11.16	37.52	48.57	49.89
HONYFLOUR	18.75	-15.27	-5.33	-7.55	-2.74	-18.39	156.50
LIVINGTRUST	3.15	-12.43	5.08	-14.03	-7.54	-45.65	-24.43
INTENEGINS	2.27	-9.92	0.00	-9.92	0.89	-26.30	21.39
FTNCOCOA	4.50	-9.80	-1.78	-1.78	-9.80	-24.32	135.11
VETINDETF	56.90	-9.68	0.00	0.00	7.36	13.80	35.96
NEWGOLD	58,500.00	-9.40	-9.40	-9.40	-7.83	-8.62	82.11
STANBIC	105.00	-9.33	-9.33	-9.33	-9.33	-12.66	64.14

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"

NESTLE NIGERIA PLC. (NESTLE) topped the advancers list closing at N1,958.00 with a gain of 10.00% followed by THE SIAML PENSION ETF 40 (SIAMLETF40) which closed at N1,240.21 with a gain of 10.00%.

On the flip side LOTUS HALAL EQUITY ETF (LOTUSHAL15) and MERISTEM GROWTH EXCHANGE TRADED FUND (MERGROWTH) topped the decliners log with a loss of -10.00% at a close of N81.00, and -10.00% to close the day at N591.32 respectively.

Top Gainers

Symbol	LClose	%Chg
NESTLE	1,958.00	10.00
SIAMLETF40	1,240.21	10.00
STANBICETF30	920.70	9.99
GUINNESS	289.70	9.98
ALEX	11.25	9.76

Top Losers

Symbol	LClose	%Chg
LOTUSHAL15	81.00	-10.00
MERGROWTH	591.32	-10.00
NEWGOLD	53,000.00	-9.40
STANBIC	95.20	-9.33
LASACO	2.50	-9.09

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 0.08%(-1.17) 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
DAARCOMM	0.95	8.42	0.92	0.00	0.00	0.00	11.40B	1.03M	98.00	945.68K	18-Dec-2025 14:30:23.530
ELLAHLAKES	13.70	6.93	13.47	0.00	0.00	0.00	27.40B	24.01M	890.00	318.14M	18-Dec-2025 14:30:24.580
LEGENDINT	5.55	6.13	5.30			0.00	0.00	247.13K	20.00	1.37M	18-Dec-2025 14:30:37.300
TANTALIZER	2.45	5.71	2.33	0.00	0.00	1.50	7.87B	7.81M	150.00	18.99M	18-Dec-2025 14:30:50.680
UACN	87.75	5.41	84.70	9.38	2.35	1.00	256.77B	365.36K	128.00	31.72M	18-Dec-2025 14:30:51.700
TIP	12.00	3.33	11.67			0.00	10.68B	3.74M	128.00	44.90M	18-Dec-2025 14:32:05.903
JAIZBANK	4.64	3.02	4.53	83.05	0.03	1.67	160.27B	3.45M	379.00	16.03M	18-Dec-2025 14:32:10.970
WEMABANK	18.75	0.80	18.65	216.91	0.04	5.81	241.09B	1.43M	207.00	26.57M	18-Dec-2025 14:30:52.287

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
FGS202665	99.90	-0.60	100.06			0.00	0.00	1.50K	2.00	1.33M	18-Dec-2025 14:31:03.470
NGXMERIGRW	9,952.32	-0.90	9,968.22	34.89	293.99	0.00	0.00	5.57M	1,044.00	337.82M	18-Dec-2025 14:31:17.057
VFDGROUP	10.25	-2.44	10.34	0.00	0.00	0.00	0.00	1.07M	95.00	11.09M	18-Dec-2025 14:31:56.027
CUSTODIAN	38.00	-2.63	38.47	3.80	3.29	1.20	223.51B	786.06K	63.00	30.10M	18-Dec-2025 14:30:19.100
JAPAULGOLD	2.40	-2.92	2.42	0.19	12.01	0.90	15.03B	1.50M	114.00	3.61M	18-Dec-2025 14:30:34.333
GUINEAINS	1.14	-3.51	1.16	66.79	0.01	1.96	7.00B	3.84M	78.00	4.50M	18-Dec-2025 14:30:29.643
CWG	18.00	-5.28	18.32	0.00	0.00	2.46	45.45B	2.21M	143.00	39.96M	18-Dec-2025 14:30:19.810
STERLINGNG	6.90	-6.52	7.11	15.75	0.30	3.19	198.65B	5.09M	282.00	35.69M	18-Dec-2025 14:30:49.953
AUSTINLAZ	2.20	-9.09	2.28	0.00	0.00	0.00	2.38B	252.05K	29.00	563.80K	18-Dec-2025 14:30:10.323
AFRIPRUD	12.40	-9.68	12.85	19.57	0.61	1.27	24.80B	1.45M	135.00	18.89M	18-Dec-2025 14:30:09.463
LASACO	2.50	-10.00	2.54	21.56	0.11	4.05	4.58B	43.57M	275.00	111.81M	18-Dec-2025 14:30:36.593
NEWGOLD	53,000.00	-10.38	56,845.93	0.00	0.00	0.00	0.00	6.00	1.00	318.00K	18-Dec-2025 14:31:56.260
LOTUSHAL15	81.00	-11.11	84.58			0.00	0.00	24.27K	24.00	2.09M	18-Dec-2025 14:32:11.307

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	385.62M	20.77M	1,756.78	42.65	39.60	7.70	1,035	15.54B
FCMB	FCMB GROUP PLC.	76.00M	24.38M	211.79	10.60	10.55	0.47	388	805.33M
LASACO	LASACO ASSURANCE PLC.	43.57M	4.82M	803.29	2.50	2.75	-9.09	275	111.81M
LINKASSURE	LINKAGE ASSURANCE PLC	15.64M	4.15M	277.02	1.80	1.81	-0.55	96	28.03M
VERITASKAP	VERITAS KAPITAL ASSURANCE PLC	15.47M	5.82M	165.71	1.78	1.76	1.14	170	26.15M

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	346.23	0.28	0.08
Botswana Stock Exchange	10,932.41	0.00	0.00
Egyptian Exchange	41,504.03	-499.85	-1.19
Ghana Stock Exchange	8,721.73	14.80	0.17
Johannesburg Stock Exchange	114,044.13	1,185.02	1.05
Lusaka Stock Exchange	25,602.51	-5.12	-0.02
Casablanca Stock Exchange	18,760.08	176.54	0.95
Malawi Stock Exchange	608,246.99	-2,381.45	-0.39
Nigeria Stock Exchange	149,842.82	388.58	0.26
Nairobi Securities Exchange	180.77	1.49	0.83
Namibian Stock Exchange	2,085.51	26.15	1.27
Rwanda Stock Exchange	180.98	0.00	0.00
Uganda Securities Exchange	1,540.00	7.66	0.50

Nigeria Market Indexes

Symbol	LClose	%Chg	WTD%	MTD%	QTD%	YTD%	Trades
ASI	150,363.03	0.35	0.62	4.99	5.16	45.73	8,039
NGX30	5,483.76	0.29	0.39	4.71	5.09	43.75	4,751
NGXAFRBVI	3,223.48	-0.02	-0.37	3.53	-9.19	29.94	1,376
NGXAFRHDYI	21,108.09	0.40	0.37	1.58	-5.18	23.96	1,673
NGXASEM	1,392.88	0.00	0.00	0.00	-9.44	-12.05	9
NGXBNK	1,462.34	0.56	1.77	5.71	-3.59	34.48	2,041
NGXCG	4,146.43	1.06	2.11	8.01	2.36	46.56	4,022
NGXCNSMRGDS	3,589.84	1.23	1.46	6.01	6.12	106.98	1,163
NGXCOMMDTY	1,178.57	0.00	0.48	-0.25	5.06	17.85	633
NGXGROWTH	23,860.87	8.09	23.85	61.39	58.31	207.37	163
NGXINDUSTR	5,485.11	0.00	-0.73	6.93	8.23	53.57	865
NGXINS	1,170.53	-0.23	2.15	8.01	-2.14	48.89	533
NGXLOTUSISLM	13,250.56	0.05	0.40	3.84	11.62	90.17	2,061
NGXMAINBOARD	7,102.80	0.16	0.35	1.68	0.82	41.94	5,455
NGXMERIGRW	9,952.32	-0.89	0.14	-0.11	0.50	52.57	1,044
NGXMERIVAL	13,057.86	1.48	1.80	6.03	-2.32	25.19	1,580
NGXOILGAS	2,676.80	0.05	-0.09	-0.73	5.97	-1.27	466
NGXPENBRD	2,825.34	0.29	0.55	4.86	6.57	54.25	6,768
NGXPENSION	6,979.18	0.68	1.38	5.41	3.58	53.93	5,073
NGXPREMIUM	15,654.92	0.61	0.94	11.14	14.34	60.84	2,256
NGXSOVBND	680.95	0.00	3.23	1.11	3.60	13.20	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"