₦airaland Forum

TODAY MAY BE A FAIRLY CHALLENGING DAY IN THE MARKET
Big money are waiting on the sideline, till the rate announcement is made. This will be around market close on Wednesday around 8.30pm WAT.

So today, we just want to relax, if any of our stock that is too week continues to fall, we may consider selling the stock.

Somehow, I prefer this Global market compared with any other market. Also stock/ETF seems to safer to trade compared with Forex, Commodities orr Bitcoin. If we invest the way we do in stock in Commodities, forex, crypto: some of Us would have lost all our mone

NIGERIA STOCK TRADING PLAN 9 DEC 2025- FULL REPORT

The market is likely to move slightly up or sideways today. Strong market activity on Monday suggests investors are still interested, especially in medium and small companies. However, a small drop in the total money traded points to possible profit-taking in the biggest company stocks. The high central bank interest rate of 27.0 percent limits how fast the main index can rise.

Our model suggests the NGX All-Share Index could gain between +0.15 percent and +0.35 percent today. This positive expectation is supported by more stocks rising than falling and a shift of investor interest into medium-sized companies, which drove high trading volume on Monday.

We must keep in mind the underlying dynamic of high-volume selling in large-cap stocks by foreign investors around 8 Dec to de-risk against the new Capital Gains Tax.

Stay In The Market Or Be In Cash? The advice is to STAY IN THE MARKET but be choosy about which stocks to buy, focusing on sectors showing strong and improving trends.

Outlook and Investment Strategy

Short Term Outlook for the next 1 to 2 Weeks: The NGX starts this short week with positive momentum. December usually sees average gains of 4.2 percent due to year-end portfolio adjustments and investors seeking dividend payments.

Reasons for optimism include previews of fourth-quarter earnings from top banks, which are expected to show strong profit growth following recapitalization. Additionally, the Central Bank is anticipated to cut its main interest rate on 19 December, which would lower borrowing costs.

We should focus on selective buying in sectors like industrials, which are undervalued and benefiting from infrastructure spending. It also suggests reducing holdings in some pharmaceutical stocks that have risen too much, too fast. There is a 65 percent probability of a rising market. The main index has support at 145,000 points, with a key downside level at 142,000 if interest rates move up.

nwaobitex:
Pls what is the best platform to invest in us stocks like spx500 longterm. I find bamboo and thier commission too high.

Best platform for now is " Vest Investment". Xou van invest here for pong or short term, as your stock is in your name, you stock/ETF will never be affected if anything happens to the trading platform. If anything happens to the platform SEC ans or "the trading platform" will allow yo move your money to another broker/sub Broker.

If you use my invite code, I will provide you necessary assistance/guidance on using the platform.

The platform accept Nigerian and transaction can be done in Naira. It is just like using a local (Nigeria) based stockbroker.

Also, if you are active in the market after opening your account, "the commission will be zero". You can always email the platform for any clarification you required.

WHAT IS ONE IF THE REASONS TO EXIT A TRADE
One of the reason is a sudden adverse news hitting our stock.

It is always an unexpected event that is not always possible to envisaged.

An example of this just occured in MRVL

ANOTHER GREEN DAY TODAY- WITH GOOD MARKET BREADTH
This is not the final closing figure, but should be close to it.

NIGERIAN EXCHANGE LIMITED (NGX) WEEKLY MARKET REVIEW AND SECTOR ANALYSIS
WEEK ENDED:5 DEC 2025
PLUS IDEAS FOR 08 DEC 2025

EXECUTIVE SUMMARY

The Nigerian Exchange Limited gained 2.45% this week. The All Share Index closed at 147,040.08 points. Market capitalisation rose to ₦93.72 trillion, up ₦2.41 trillion from last week.

Total trading volume was 2.84 billion shares worth ₦58.36 billion across 48,291 deals. More stocks went up than down, with 55 gainers against 29 decliners, showing a positive market breadth.

The week brings some optimism, but caution is still advised. Combining ideas from different sections of our daily reports, like the full bid and speculative picks, seems to be working well.

WEEKLY MARKET HIGHLIGHTS

All Share Index: 147,040.08 points, change of +2.45%
Market Cap:₦93.72 trillion, change of +2.67%
Volume Traded:2.84 billion shares, change of +18.20%
Value Traded:₦58.36 billion, change of +22.50%
Number of Deals:48,291, change of +9.80%

SECTOR PERFORMANCE

Sectors ranked by weekly performance:

1. Industrial Goods: +7.38%
2. Premium Board: +5.50%
3. MERI Value: +3.99%
4. Banking: +3.20%
5. Consumer Goods: +1.56%
6. Growth: +4.77%
7. Pension: +0.53%
8. Lotus II: +0.33%
9. Oil/Gas: -0.57%

BEST PERFORMING SECTOR: INDUSTRIAL GOODS

This sector was driven by strong buying interest in major cement stocks like XXXX and XXXX. This is due to strong recent earnings and positive expectations for construction spending in the 2026 budget. Large institutional trades were seen. The technical outlook is bullish.

WORST PERFORMING SECTOR: OIL/GAS

This sector declined due to investors taking profits in stocks like XXXX and XXXX after a recent rally. Lower crude oil prices and foreign exchange concerns added pressure. The technical outlook is bearish.

MARKET TREND AND BREADTH

The market trend and momentum suggest it is time to start buying stocks gradually. Key index signals are mostly positive.

Market breadth strengthened significantly. Gainers outnumbered decliners by a ratio of nearly 2 to 1. This shows broad-based buying interest has returned, shifting the market from a selling phase to an accumulation phase.

TOP MOVING STOCKS

Top 5 Gainers:
NCR:+33.03%
UACN:+22.69%
GUINNESS:+18.56%
DANGCEM:+15.02%
NB:+12.36%

Top 5 Losers:
RTBRISCOE:-12.79%
LEGEND:-10.71%
UNIONDICON:-10.00%
ABCTRANS:-9.88%
CORNERST:-8.33%

Most Active Stocks by Value:
DANGCEM,GTCO, ACCESS

MEDIUM TERM STOCK IDEAS (3+ MONTHS)

These stocks are based on strong fundamentals like high profit margins and good earnings growth. They are for medium term holding and may not be ready for immediate purchase. Wait for good support levels.

· XXXX (Industrial): High margins, strong balance sheet.
· XXXX (Consumer Goods): Consistent profitability, strong brand.
· XXXX (Consumer Goods): Improving margins, volume recovery expected.
· XXXX (Industrial): Strong returns on capital, benefits from capacity expansion.
· XXXX (Conglomerate): Diversified revenue growing above 25%, consistent earnings per share gains.

MARKET CONTEXT

Oil price is around $63.75 per barrel. A price below $65 remains a constraint on government revenue and foreign reserves.

The official exchange rate is high at ₦1,449.95 per US Dollar, keeping costs elevated.

Inflation is slowing down for the seventh month in a row, now at 16.05%. This supports market stability.

The Central Bank kept its policy rate at a high 27.00% to fight inflation. This high rate makes fixed income investments attractive compared to stocks, which is a drag on the market.

OUTLOOK AND STRATEGY

SHORT TERM OUTLOOK (1-2 WEEKS)
The market has broken out with strong momentum,led by the industrial sector. The index is likely to rise toward 150,000 points, supported by buying in cement and banking stocks. Retail sentiment is bullish.

Key risks include the Central Bank's policy decision in December. A rate hike could trigger profit-taking. Foreign exchange volatility or reduced liquidity before Christmas are also risks.

MEDIUM TERM OUTLOOK (1-3 MONTHS)
The view is positive with a target of 155,000 to 160,000 by early 2026.This will be driven by strong company earnings, potential interest rate cuts starting February 2026, and foreign investor interest. We expect the shift from oil/gas stocks to industrial and consumer goods stocks to continue.

INVESTMENT POSITIONING
Overweight:Industrial Goods, Consumer Goods, Premium Board.
Neutral:Banking, Insurance.
Underweight:Oil & Gas.

RISK MANAGEMENT ADVICE

· Always use a stop loss.
· Limit how much you put into any single stock.
· Limit exposure to any one sector to about 40%.

IDEAS FOR THE NEW WEEK

Market Direction: Bullish Bias
The market's strong close suggests upward movement is likely this week.The index may test 148,000 and then 150,000 points.

The main risk is profit-taking if the market climbs too fast toward 150,000. High Treasury Bill rates could also pull money away from stocks.

The bull market appears to be back. Institutional buying should support the rally.

TOP STOCKS FOR THE WEEK
Stocks with high recommendation scores:
XXXX(95%), XXXX (92%), XXXX (90%), XXXX (90%), XXXX (88%), XXXX (85%), XXXX (85%), XXXX (85%), XXXX (83%), XXXX (80%), XXXX (80%), XXXX (80%), XXXX (80%)

SPECULATIVE STOCKS
Stocks for higher risk appetite:XXXX, XXXX, XXXX, XXXX, XXXX.

FULL BID CANDIDATES - Watch after market opens
XXXX

HIGHLY MENTIONED STOCKS
These stocks are repeatedly mentioned in research and trader communities,indicating high conviction:
XXXX(95%), XXXX (92%), XXXX (90%), XXXX (88%), XXXX (85%), XXXX (85%), XXXX (83%), XXXX (80%), XXXX (80%), XXXX (78%), XXXX (75%)

TECHNICAL ANALYSIS FOR NGX INDEX

Current Level: 147,040.08
Support Levels:144,500 (Primary), 142,000 (Secondary), 138,000 (Major)
Resistance Levels:148,000 (Immediate), 150,000 (Secondary), 155,000 (Major)
Pattern:Bullish flag breakout with higher highs and higher lows.

CORPORATE NEWS SUMMARY

Key filings on Friday, Dec 5th included director share dealings at CONSOLIDATED PLC, MTN NIGERIA, NAHCO, FIDELITY BANK, and CUTIX PLC. FCMB GROUP PLC released strong nine-month 2025 results with profit up 40.7%. Other news included a successful rights issue for INDUSTRIAL & MEDICAL GASES, listing of new FGN Savings Bonds, and rights trading activation for CHAMPION BREWERIES.

MARKET SENTIMENT

Institutional investors are focused on industrial and selected consumer stocks. Retail investors on social media are very bullish on cement and brewery stocks, showing strong fear-of-missing-out (FOMO) sentiment.

DISCLAIMER

This report is for informational purposes only and does not constitute investment advice. The information comes from sources believed to be reliable but its accuracy and completeness are not guaranteed.

**NIGERIA LIVE MARKET UPDATE**
Another day of recovery in the market. AllShare index up 0.54% as at the time of this post.

VEST INVESTMENT HAS IMPROVED- WITHDRAWAL IS NOW 3 DAYS MAXIMUM
Using Vest Investment is just like using any local Stockbroker when it comes to Withdrawals. It takes just 3 days from initiation of transaction to getting the funds in your bank account.

Target Technical Analysis: U.S. Market Report
Date: December 5, 2025

Executive Summary
We maintain a neutral-to-cautious near-term stance on U.S.equities following a period of consolidation and profit-taking. While the structural tailwinds for thematic growth areas remain intact, near-term volatility is expected as markets digest valuation concerns and await clearer signals on monetary policy. Our focus remains on high-probability chart patterns within secular growth themes, namely Artificial Intelligence (AI), Semiconductors, and Defense. We advise a barbell approach, pairing selective growth exposure with defensive hedges in utilities and precious metals.

Market Context & Performance
The market is in a digestion phase following a robust November rally.Investor sentiment has shifted slightly bearish in the short term, driven by profit-taking in extended technology names and reassessments of AI capital expenditure timelines. This has precipitated a sector rotation into more defensive areas. The cessation of Quantitative Tightening (QT) provides underlying liquidity support, but the near-term direction will be dictated by incoming economic data and central bank communications. We view any pullback as a potential entry point for high-conviction thematic ideas.

Thematic Focus & Sector Strategy
Our analysis continues to prioritize sectors with visible multi-year growth runways and positive momentum characteristics.We are monitoring sectoral rotations closely using a Relative Rotation Graph (RRG) framework.

· Technology & Semiconductors: We remain overweight on the Semiconductor sub-industry. Seasonal tailwinds and sustained demand for high-performance computing underpin our view. We are focusing on names exhibiting strong relative strength and constructive chart patterns. The associated ETF for this exposure is XXXX.
· Aerospace & Defense: This sub-industry represents a core defensive growth allocation, benefiting from robust governmental budgets and geopolitical tensions. It is currently showing promising momentum characteristics. Associated ETF Tickers: XXXX, XXXX, XXXX.
· Utilities & Energy Infrastructure: As a defensive hedge and a play on the "electricity side of AI," we see value in companies involved in power generation and grid infrastructure for data centers. We advocate buying on pullbacks. The associated ETF for Utility exposure is XXXX. For broader Energy, associated ETF Tickers include XXXX, XXXX.
· Precious Metals & Minerals: This sub-industry acts as a hedge against market volatility and dollar weakness. Gold's recent breakout to multi-week highs supports a tactical overweight here. Associated ETF Tickers: XXXX, XXXX, XXXX.

Tactical Trading Plan & Watchlist
Our strategy is bifurcated into immediate-term high-conviction ideas and a medium-term watchlist for strategic accumulation.

High-Conviction Watchlist (Near-Term):
Our primary focus is on established names within our key themes that are in confirmed uptrends.The updated watchlist for tactical entries is: XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX. We are also monitoring contrarian plays in the cryptocurrency equity space (e.g., XXXX, XXXX) for a potential bounce, contingent on broader market stabilization.

Medium-Term Monitoring List:
We are tracking additional opportunities for strategic entry on weakness.This includes:

1. AI-Powered Electricity & Infrastructure: Companies critical for data center power delivery, such as XXXX, XXXX, XXXX, and XXXX. We particularly note XXXX for its established industry position and contract visibility, but await more favorable risk/reward entries.
2. Post-Selloff Bounces: We are screening for oversold conditions in certain growth sub-industries for potential mean reversion plays.

Risk Management Disclaimer
Our commentary is intended for idea generation only. Each investor is solely responsible for their own investment decisions and should conduct their own research and consult with a qualified financial advisor before trading. Past performance is not indicative of future results.

NIGERIA STOCK MARKET REPORT 3 DECEMBER 2025

Following daily news to determine what to buy is not likely to be a profitable strategy. Yesterday in the Global market we saw a glaring different in what the day's report was saying and what the medium term trend of the market is. Although for that particular day, the daily report was right. And through to expectations, the following day, the market flipped back to the medium term trend.

Lesson here is, we may be better of, going with the medium timeframe. If we follow the news too much, we may easily fall into a bear trap

MARKET PERFORMANCE & OUTLOOK
The Nigerian stock market staged a strong recovery on Tuesday, December 2nd, rising 1.20%. This rally halted the previous session's minor decline and was driven by widespread buying across major sectors. Key indicators like trading value and volume increased significantly, suggesting serious institutional money is returning. The market's breadth turned positive, meaning more stocks advanced than declined.

The short-term outlook is bullish, supported by positive technical signals and investors positioning for year-end dividend announcements. The market is expected to test its November highs, led by large-cap stocks. However, avoid buying stocks that are still in individual downtrends, such as XXXXX, XXXXX, XXXXX, and XXXXX.

Primary risks include any unexpected rise in Treasury Bill yields or negative news regarding the proposed Capital Gains Tax. Investors should focus on building positions in fundamentally sound companies.

TECHNICAL & SECTOR ANALYSIS

The overall market shows a strong short-term bullish trend. Key sectors leading the rally are Banking, Industrial Goods, Consumer Goods, and the Growth index, all indicating solid uptrends.

The Oil and Gas sector remains weak due to oversupply concerns and should be avoided. The Insurance and Islamic Finance sectors are neutral but trending upward, offering potential rotation opportunities.

Money is rotating into cyclical sectors like Industrials and Banking, reflecting optimism for December. The Industrial sector is the strongest leader.

STOCK RECOMMENDATIONS

Stocks to Consider Buying: Focus on high-quality large-cap and mid-cap names. Key candidates include XXXXX, XXXXX (long-term hold), XXXXX, XXXXX, XXXXX, XXXXX, and XXXXX.

Stocks to Avoid/Sell: Exercise caution with XXXXX, XXXXX, and XXXXX. Note: XXXXX appears on both buy and avoid lists; careful analysis is required.

Speculative Stocks: Stocks like XXXXX and XXXXX are very speculative and may be overbought. XXXXX, in particular, should be avoided by most investors.

Dividend Yield Stocks: For income-focused investors, high-dividend yield stocks include XXXXX, XXXXX, XXXXX, XXXXX, and XXXXX.

CORPORATE ACTIONS

Notable disclosures from December 2nd include a board change at XXXXX, insider share purchases at XXXXX, a director's resignation at XXXXX, a director's share sale at XXXXX, a board meeting notice from XXXXX, and the completion of a gas project by XXXXX ahead of schedule.

MARKET DRIVERS

Local macroeconomic factors provided support. The relative stability in the US Dollar to Naira exchange rate offers some clarity. Steady Brent Crude oil prices are positive for Nigeria's foreign earnings.

A significant challenge remains the high yield on Nigerian Treasury Bills, which attracts money away from the stock market. The Central Bank's high interest rate policy continues to pressure equities, though it benefits banks.

The market awaits further details on the 2026 Federal Budget and official guidelines on the proposed Capital Gains Tax. Clear policy announcements would boost sentiment.

CONCLUSION

The immediate market direction is bullish, favoring industrial and banking stocks. Investors should utilize the market's strength to build positions in fundamentally sound companies while avoiding weak sectors and overbought speculative stocks. Monitor policy developments and Treasury Bill yields closely, as these are key risks.

Goodluck to all.

US[b] STOCK PICKS AND TRADING IDEAS FOR 02 DECEMBER 2025[/b]

Today is looking like a day to consider returning to the market.

If you compare the detailed news below with our recommendation, there seems to be some variance. Our recommendation is based on the prevailing trend in the medium timeframe. However, the detailed report is more driven by immediate news flow. We should note that the established trend will always win over short-term news in the medium timeframe.

The need to differentiate news from market trend is one of the essential reasons we need a robust trading system. A trading system will let you know the true trend and prevent you from mistaking a one-day price spike for a change in trend. A good example is the detailed report suggesting certain industries are in trouble just because of a market pullback yesterday; these industries may still be in a longer-term play, though we can take temporary profits or activate stop-losses due to poorly timed entries.

Therefore, today we are returning to our watchlist, and these ideas remain valid.

OUR WATCHLIST
We should look for entries using our defined trading system.If you do not have a trading system, please send a message stating you need one, and we can see how to assist you.

Current watchlist for potential entries: XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX.

OTHER STOCKS TO MONITOR
We are just keeping these on watch for now;it is not yet time to act on them: XXXX, XXXX, XXXX, XXXX. Bitcoin-related stocks for contrarian plays, such as XXXX and XXXX, may see some initial pullback, but if the underlying asset overcomes a key resistance level, we may see an upward move.

MEDIUM-TIMEFRAME MONITORING
We are just keeping an eye on these;we may not buy anything today. The electricity infrastructure side of AI should be in our daily watchlist: XXXX, XXXX, XXXX, XXXX. One company is an established firm with the right connections to secure contracts, needed for data center power connections, and they also work on subsea cables. The problem is that it is already trading at a high price; we should buy on pullbacks and use our charts to identify the best entry time. Also, we are looking for a bounce in Bitcoin-related stocks after last week's sell-off.

Below is a detailed report, in case you want a broader view of the market.

DETAILED US STOCK REPORT
U.S.MARKET UPDATE – DECEMBER 2, 2025

EXECUTIVE SUMMARY
U.S.equities opened the month of December on a cautious tone. Rising Treasury yields, weaker manufacturing data, and a sharp pullback in crypto assets pressured major indices. The market also reacted to higher Japanese bond yields and soft Asian risk sentiment. Investors rotated out of high-valuation technology and AI stocks and moved into energy, financials, industrials, and consumer staples. The overall stance remains defensive, with selective opportunities in value and real-asset sectors.

MACRO & GLOBAL PICTURE
Bond yields remain the dominant market driver.Markets still expect a December Federal Reserve rate cut, but upcoming inflation and labor data could shift these expectations. Global growth remains uneven, and ongoing geopolitical risks continue to weigh on investor confidence. Gold demand remains firm as a safe-haven asset.

MARKET PERFORMANCE SNAPSHOT
Stocks declined on December 1 as higher yields and crypto volatility dampened risk appetite.U.S. markets are increasingly sensitive to global yield movements, particularly from Japan and Europe. Currency shifts and cross-asset weakness added to the cautious tone.

SECTOR ROTATION OVERVIEW
Leading sectors include energy,materials, utilities, and major financials, supported by stable cash flows and stronger relative strength. Improving sectors include industrials and consumer staples, benefiting from infrastructure demand and steady consumption. Weakening sectors include aerospace and defense, large pharma, and parts of real estate, where momentum is cooling. Lagging sectors continue to be technology, consumer discretionary, and communication services as valuations reset and spending slows.

TACTICAL OPPORTUNITIES (3–10 DAYS)
Energy and materials remain attractive as capital flows favor real assets during periods of yield volatility.Financials may benefit from a steeper yield curve and stable rate expectations. Defensive plays in utilities, staples, and selective healthcare offer stability. Industrials tied to infrastructure and logistics provide selective upside.

MAIN RISKS TO WATCH
Technology and AI stock valuations remain vulnerable.Any sharp rise in yields could pressure growth stocks and real estate. Hot inflation data or strong job numbers may delay anticipated rate cuts. Global spillovers, particularly from Japan and China, could quickly shift risk sentiment. Crypto market instability continues to influence broader market sentiment.

NEAR-TERM MARKET OUTLOOK
The outlook is neutral-to-cautious.Markets may trade sideways with mild downside risk. Leadership is expected from energy, materials, financials, and defensive sectors. Soft economic data could lift rate-cut expectations and support cyclical stocks. This is where the market is currently looking for the long-term trend, favoring AI and cyclicals. A spike in yields would likely weigh on technology, AI, discretionary, and REITs. Positioning should stay conservative: reduce speculative technology exposure and lean toward energy, materials, financials, and defensives, with a balanced mix of dividends and selective cyclicals. This is particularly relevant if you are a short-term player.

TACTICAL TRADING CHECKLIST
If Federal Reserve cut expectations rise and economic data softens,consider rotating into energy, materials, financials, and industrials. If yields continue to climb, shift toward gold, utilities, staples, and other defensives. Keep position sizes moderate and maintain disciplined stop-losses. Avoid chasing richly valued growth names.

DISCLAIMER
Our comments are for the generation of ideas only.You are to use any idea in a manner that makes you comfortable. Therefore, each individual is solely responsible for the outcome of his or her trades.

Target Technical Message for Today

US STOCK PICKS AND TRADING PLAN
01 DECEMBER 2025

EXECUTIVE SUMMARY

The market is down today in a risk-off move. Stocks, Bitcoin, and oil are lower. Gold is rising. The main advice is to stay on the sidelines and avoid new buys. The drop is due to profit-taking and global concerns, including news about potential rate hikes in Japan.

MARKET SNAPSHOT

Major indices are down pre-market.
Dow Futures:42,150, down 0.50%
S&P 500 Futures:6,803, down 0.70%
Nasdaq 100 Futures:24,131, down 1.00%
Bitcoin is below$86,000. Gold is up sharply near $4,256 per ounce.

KEY DRIVERS OF THE SELLOFF

Profit-Taking: Markets are falling after a strong rally last week. Investors are locking in gains.
Federal Reserve Uncertainty:The market expects a rate cut soon, but a speech from Fed Chair Powell tonight could change that. If he sounds worried about inflation, it could push rates higher and hurt stocks.
Global Ripple Effects:A report that Japan's central bank might raise rates caused worry overseas, affecting US markets.
AI and Crypto Concerns:Doubts about high spending on Artificial Intelligence and a big drop in Bitcoin prices are pulling down tech and crypto-related stocks.

SECTOR MOVEMENT

Defensive sectors like Utilities and Gold Miners are doing well as investors seek safety.
Technology and Consumer Discretionary stocks are lagging behind.
Energy is mixed,with oil prices up but acting as a cost burden for other companies.

OUTLOOK AND RISKS

Near-Term: The short-term bias is negative. More market drops are possible if economic data is strong or if the Fed sounds less willing to cut rates.
Year-End Rally Potential:A "Santa Claus" rally is still possible by month's end if the Fed's rate cut plans stay on track.
Key Risks:If upcoming inflation data is too high, it could cause a larger market correction.

TACTICAL RECOMMENDATIONS

Current Stance: Stay defensive. Avoid the market today except for potential moves in gold or shorting oil.
Defensive Plays:Consider utilities and gold mining stocks. Reduce exposure to technology semiconductors for now.
Watchlist:Keep an eye on AI electricity companies (like XXXX) and Bitcoin-related stocks for a potential bounce, but wait for better entry points.

TOP STOCKS TO MONITOR

Stock 1: XXXX (Gold Miner)
Entry:Look for a pullback to the 16.50-17.00 zone.
Reason:Benefits directly from rising gold prices. Strong risk-reward score.

Stock 2: XXXX (Energy Midstream)
Entry:Consider near 108.00-110.00 after recent deal news settles.
Reason:Stable operations in the energy sector. Good risk-reward.

Stock 3: XXXX (Consumer Staples)
Entry:Look for relative strength above 170.00.
Reason:A defensive stock that provides stability during market uncertainty.

US Stock Picks + Ideas/Trading Plan: Nov 28 2025
Market Direction Today: The US stock market is showing slight gains today in a shortened post-Thanksgiving session, with the S&P 500 around 6829 points up about 0.25%. This modest positive movement comes amid expectations of a likely Federal Reserve interest rate cut in December and continued strength in AI and technology sectors. However, November as a whole is poised to close in the red for major indexes, including the S&P 500 and Nasdaq, marking a break from typical November performance which is usually positive. Market volatility remains subdued but caution is warranted given mixed economic signals and sector performances

���.Sector/Sub-Sector Rotation: The current market environment favors sectors like AI/technology, semiconductors, data centers, gold, drones, financials, and medical devices/healthcare. Conversely, energy sectors including solar and oil are best avoided for now due to weak momentum. Consumer discretionary sectors, especially traditional automakers, exhibit signs of pressure while capital markets and healthcare sectors continue to show resilience. Bitcoin-related stocks may have the potential for a bounce if BTC/USD price holds above the key level of $93,000

��.Forward Look (Next 1-3 Days): The prevailing market sentiment is cautiously optimistic, underpinned by anticipated Fed easing and positive AI-driven innovation. Defensive sectors such as utilities and industrials may gain interest as investors seek stability. That said, intermittent pullbacks are plausible, especially in speculative stocks or sectors where valuations appear stretched, so careful chart monitoring and tactical entries are recommended. In particular, electricity-related companies linked to AI infrastructure and bitcoin stocks warrant close attention for potential short-term rebounds

��.Key Stocks Today ( XXXX for confidentiality): XXXX, XXXX, XXXX, XXXX, XXXX, XXXX. Additional names to watch include XXXX, XXXX, XXXX, XXXX.

Bitcoin contrarian plays: XXXX and XXXX may recover after recent pullbacks if BTC surges higher.Medium-Term Watchlist (XXXX): Companies involved in electricity provision for data centers and subsea cables like XXXX are noteworthy for potential pullback buys based on technical setups.

Objective Commentary: The market currently reflects a blend of optimism about AI's transformative impact and Fed policy easing with caution due to uneven sector performances and macroeconomic uncertainties.

Given the typical performance this November,
investors should approach positions with measured risk, favoring sectors supported by technological advancement and defensive stability. Speculative areas and energy sectors remain risky near term. This balanced outlook aligns with broader market trends and analyst sentiment as US markets close the month with muted gains and prepare for potential volatility into December.

[b]Trade ideas provided are for consideration only; [/b]each investor must evaluate risk tolerance and execute trades accordingly. Staying disciplined and using technical signals for entries is advisable.

NIGERIA STOCK TRADING PLAN
28 NOVEMBER 2025 - FULL REPORT
�Market Overview
The Nigerian equity market traded sideways on 27 November, with the All-Share Index (ASI) up 0.12% to 143,239 amid selective bargain hunting in banking and insurance names. High-beta financials offset selloffs in industrials and consumer goods, as CBN's steady 27% MPR drove liquidity rotation to mid-caps. Volumes fell sharply by ~19%, signaling low conviction from institutions.

��Short-Term Outlook
Sideways bias with bullish tilt; ASI consolidates between slow- and fast EMAs. Defensive sectors (insurance +1.3%, consumer goods +0.1%) lead, while banks and industrials weaken on tight liquidity. Watch institutional flows in heavyweights for breakout cues. ��Key Indices Snapshot
All-Share: Sell/neutral (score 25)
Insurance/Lotus Islamic: Buy/buy (100)
Consumer Goods: Buy/neutral (75)
Banks/Industrials/Oil&Gas: Sell/weakening (0-25)
Neutral stance favors cash amid downtrends; focus defensives for 3-5 day holds.

�Stocks to Watch
Buy/hold: Bleep (long-term), Bleep, Bleep, Bleep, Bleep, Bleep, Bleep, Bleep
Speculative: Bleep, Bleep
Avoid/sell: Bleep (insider sales), Bleep
High-yield leaders: Bleep, UBA, ACCESS, Bleep, Bleep
Chart standouts: Bleep (breakout potential), Bleep, Bleep
Top probability: Bleep (95-97%), Bleep, Bleep

�Sector Rotation
Funds shift from fading banks/oil to rising XXXX/Bleep . Strong: Insurance (Bleep buy signals).

Rising: Consumer goods (Bleep watch).

Weak: Banks/oil,

industrials/growth (avoid Bleep). target top groups short-term.

�Corporate Highlights (27 Nov)
ZENITH: Director bought 500k shares at N44.50.
Bleep: EGM okays recap and rights issue.
Bleep: Capital hike, new directors approved.
ENAMELWARE: Q2 revenue +15% YoY.
PRESCO: Acquisition rumors denied.

�Macro Backdrop
Brent ~$70/bbl aids reserves; FX eases to N1,441/$. MPR at 27% boosts fixed income over equities. Insurance recap fuels speculation; MSCI rebalancing adds volatility. Eye Q3 GDP/inflation for CBN pivot. �Disclaimer: Investors bear full responsibility for trades. �

NIGERIA STOCK MARKET LIVE UPDATE- 27 NOV 2025
Let us see if there will be a market rebound. As long as the Premium Index continue to hold, we may see a market bounce soon.

WE EXPECT A BULLISH MARKET SIMILAR TO YESTERDAY'S FORMAT
Market may open bearish/flat, then after the reports, normally around 16.30hrs WAT, the market will start showing more strength

NIGERIA STOCK MARKET UPDATE - 26 NOV 2025
- Extract Target Technical Analysis Daily Messages

MARKET VIEW: NEUTRAL TO SLIGHTLY BULLISH

The market is sending mixed signals. The overall picture is cautious, but strong opportunities exist in specific sectors. We are in a two-speed market: some sectors are weakening while others show significant strength.

LIKELY MARKET DIRECTION:
The short-term outlook is Neutral to Slightly Bullish, favoring sector-specific plays. The overall market, is likely to remain range-bound.

KEY DRIVERS:

· The move to T+2 settlement this week should improve trading efficiency and could boost sentiment.
· High interest rates continue to pull money away from stocks into fixed income.
· Naira volatility and regulatory uncertainty create headwinds.

SECTOR SCORECARD (0-100):

STRONG PERFORMERS (Focus Here):
XXXXX(Oil/Gas): Score 100 - Strong uptrend supported by firm crude prices.
XXXXX(Consumer Goods): Score 100 - Defensive play with steady demand.
XXXXX(Growth): Score 100 - Best momentum for short-term trades.
XXXXX(Small Companies): Score 100 - Showing great potential.

CAUTION AREAS (Avoid/Reduce):
XXXXX(Insurance): Score 0 - Worst performing sector.
XXXXX(Banking): Score 25 - Struggling with Naira volatility.
Overall Market:Score 25 - In risky zone, trading sideways.

TODAY'S OBSERVATION:
The market gained slightly despite lower trading volume,indicating lack of broad conviction. Money is rotating from large caps into smaller, technically attractive stocks. This is a sector-specific market - stock selection is crucial.

TRADING PLAN:

· Concentrate investments in sectors scoring above 75
· Avoid or reduce exposure to sectors scoring below 25
· Monitor banking and insurance for signs of recovery before re-entering

KEY RISKS:

· Further Naira depreciation
· Sustained high interest rates
· Global economic pressures
· Choppy trading conditions due to reduced liquidity

STOCK PICKS
Top Stocks
XXXXXXXX XXXXXX XXXXXXXX XXXXXX

Speculative Picks
XXXXXXXX XXXXXX XXXXXXXX XXXXXX

Full Bid Candidates
XXXXXXXX XXXXXX XXXXXXXX EUNISEL

RESEARCH REPORTS/FORUM PICKS
XXXXXXXX XXXXXX XXXXXXXX ACCESS
XXXXXXXX XXXXXX XXXXXXXX XXXXXX

CORPORATE NEWS:
JAIZ reported strong profit growth of 25%
CHAMPION announced a rights issue to raise capital
UACN directors purchased shares,showing confidence

GLOBAL CONTEXT:
Brent crude recovery supporting oil stocks.Naira depreciation helping exporters. T-bill yields still attractive versus equities for some investors.

Remember: This is a stock picker's market. Focus on the strong sectors and avoid the weak ones until conditions improve.

Disclaimer: As Individuals/Entities, We are responsible for our trades.

Entrepreneurrr:
Please can I fund my vest wallet using Nigerian card or transfer?

What is the buy, sell and funding commission?


Is it reliable for long term investment?

Thanks

----+--

Entrepreneurrr:
Please can I fund my vest wallet using Nigerian card or transfer?

What is the buy, sell and funding commission?


Is it reliable for long term investment?

Thanks

-------------------------------------------------------------------
You can fund with Naira (same way you make local payments). Commission is approximately zero.

On the long term investment side, I will need more clarification from you. You are not not investing in "Vest", they are just your Stockbroker. So for reliability, I will say they are reliable.

On long term investing, I will say yes. You have opportunities to buy sticks of companies like: PFE (PFIZER), IBM, CVX (CHEVRON), MPC that have paid dividends for 25 years or more.

However, to be successful you need someone who can show you the way, plus a good trading system, so that you will not become like people who started, but hace now lost their investments by buying stocks they should never have bought.

DM me if you need any assistance, but if you believe you can do it on your own, you are welcome tge market is open to everyone.

Wishing you the best

iceboy4752:
Hehe! Beyond Meat in November 2025 is now $0.84!

---------------------------------
No problem. That is why one of the maxims of Investing is "Never Get Married To A Stock". And before you venture into the global market, you need some knowledge (for m the right source) and a trading system!!! The Caucus just shared an Indicator that tells people when to buy or sell a stocks "on your own" without need to wait for anybody's advice.

PLAN FOR US ST0CK MARKET TODAY 25 NOV 2025

As expected market opened lower. We wait fot the inflation/labour reports.

The CPI report is the key factor.

If the bulls are back we should see the Semiconductor, Data Centre stocks among the leaders.

US MARKET NOT TOO BAD TODAY.
However, this is not a the ke to be an aggressive buyer. After 4.30pm if the market is still bullish then we can be more aggressive in buying.

MARKET IS STILL VOLATILE/ AVOID CHAKA TRADING PLATFORM
Let us be careful with this market, it is still volatile and susceptible to pullback.

Then on a final note, "AVOID CHAKA TRADING PLATFORM" the platform is being run by "a set of unserious people". The operators are like the proverbial "people that knows nothing, but are claiming to be experts in finance" Avoid the platform like a plague until we see positive change in their operations.

Extract of Target Technical Analysis Message For This Weekend[color=#000099][/color]
NIGERIAN EXCHANGE LIMITED (NGX)
WEEKLY MARKET REVIEW AND SECTOR ANALYSIS
Week Ended: 21 November 2025
Plus Ideas for 24 November 2025

EXECUTIVE SUMMARY
The Nigerian Exchange declined – by 2.24 % for the week ending 21 Nov 2025 with the All-Share Index (ASI) closing at 143,722.62 points. Market capitalization stood at ₦91.415 trillion, down by ₦2.09 trillion (≈2.23 %) from the prior week.

KEY HIGHLIGHTSMARKET PERFORMANCE SNAPSHOT
MARKET PERFORMANCE SNAPSHOT
Metric Current Wk %Change
ASI (points) 143,722.62 –2.24%
Mkt Cap (T). 91.42. –2.23%
Volume (B) 2.67 - 63.51% (from 7.325B last week)
Value (B) 106.26 –32.06% (from 156.425B) Deals 107,998 –19.60% (from 134,383)
Advancers vs Decliners 20 vs 60
Market breadth: Negative – breadth ratio 0.33 (20 advancers / 60 decliners) indicating weak market internals.

**SECTORAL PERFORMANCE ANALYSIS**
INTERPRETATION COMMENTS
Rank Index Value (week) %Change
1 Ins. 1,083.42 –7.05%
2 Prem 14,009.16 –4.79%
3 Ind Gds 5,234.26 –4.50%
4 Banking 1,372.60 –3.85%
5 Growth 14,018.00 –2.70%
6 Cons Gds 3,445.10 –0.44%
7 Oil/G NGX 2,705.44 –1.61%
8 Lotus II 12,735.92 –2.56%

**Best Performing Sector**
Best Performing Sector: Consumer Goods (smallest loss at -0.44%) driven by staple resilience and modest dividend support. The sector shows potential for stabilization despite overall pressure.

Worst Performing Sector: Insurance, down 7.05%, facing weak earnings sentiment, regulatory pressure, and high claim uncertainties. The sector is bearish; fresh long exposures should be selective to stocks with strong momentum.

***MARKET BREADTH ANALYSIS***
Metric Current Wk PriorWk. %Change
Gainers 20 48 -58.33%
Decliners 60 45 +33.33%
Unchanged 67 53 +26.42%
Brdth Ratio 0.33. 1.07 –69.16%

Interpretation
The sharp drop in the breadth ratio to 0.33 from 1.07 indicates an extremely weak internal market dynamic. Although volumes remain significant, the disproportional number of declining issues suggests the market is undergoing broad-based profit-taking and possibly structural rotation.

***TOP MOVERS OF THE WEEK***

**Top 5 Gainers**
Ticker Close(N) %Change
NCR 41.10 +60.55%
UPPRESS. 6.00 +17.65%
TANTALIZ 2.51 +17.29%
CAVERTON 5.50 +17.02%
UACN 70.00. +16.67%
Top 5 Losers Ticker Close(₦) % Change

**Most Active Stocks by Value**
Top 5 Losers
Ticker Close(N) % Change
IE Ins 2.12 –22.06%
MCNICHOLS 2.57 –14.90%
VER KAP 1.60 –14.89%
AIICO INS 3.15 –13.70%
LIVESTOCK 6.10 –12.86%

Most Active Stocks by Value
Ticker Volume(M) Value(NM)
ACCESS. 1,057.00 24,652.00
TANTALIZERS, ZENITH etc.

**Other Information**
· Chams Holding Company Plc listed an additional 1,955,910,000 ordinary shares on the Nigerian Exchange. These shares were issued through a Private Placement at a price of N1.87 per share, increasing the company's total issued shares from 4,696,060,000 to 6,651,970,000.

· Aso Savings and Loans Plc had a full suspension of trading in its shares. This suspension is to allow for the reconciliation of records and the determination of eligible shareholders in preparation for the listing of reconstructed shares.

FUNDAMENTALS CORNER – MEDIUM TERM STOCK IDEAS (3+ months)
Bleep XXXX : High gross margin (>30%), strong balance sheet

PRESCO PLC: Solid ROCE (>15%) and growth momentum

NAHCO PLC: Revenue growth above 25%, consistent EPS gains

XXXXXX XXXX: Clean fundamentals, strong balance sheet, medium-term value play

MACROECONOMIC AND MARKET CONTEXT
The market faces headwinds from high interest rates driven by CBN's tight monetary policy, evident in high Treasury Bill rates attracting funds away from equities. Currency volatility pressures import-dependent sectors, while Oil/Gas benefits from Naira revenue gains despite low crude prices. Institutional adjustments ahead of T+2 settlement and year-end contribute to volatility. The environment remains risk-off with domestic selling prevailing despite record foreign portfolio investments. Any monetary easing signal will be a positive catalyst.

OUTLOOK & INVESTMENT STRATEGY
Short-Term (1–2 weeks): Market expected to remain pressured, testing lower levels unless positive triggers occur such as FX reform clarity or strong earnings.
Medium-Term (1–3 months): Expect gradual recovery supported by Nigeria’s fundamentals with rotation into consumer, industrial, and export stocks.Recommended

Tactical Positioning:
Overweight Consumer Goods and export-oriented Industrials.

Underweight Insurance and Banking sectors.

Risk Management: Use stop loss, limit individual stock exposure to 5% and sector exposure to 25%. Monitor CBN MPC meetings, OPEC decisions, and Naira trends as key catalysts.

INVESTOR SENTIMENT SUMMARY
Indices mostly in sell mode except Insurance, which shows buying interest. Broader market remains risk-averse with cautious positioning especially in Banking, Oil/Gas, and Growth sectors.l

STOCKS TO WATCH FOR THE WEEK OF 24 NOVEMBER 2025

Top Picks: XXXX (85%), XXXX (82%), XXXX, XXXX

Speculative: XXXX (85%), XXXX (80%), XXXX (80%), XXXX

Full Bid Candidates (watch post-market open): XXXX (90%), XXXX (85%)

TECHNICAL ANALYSIS – NGX ALL SHARE INDEX
Current Level: 143,722.62
Supports: Primary 140,000, Secondary 138,000, Major 130,000
Resistances: Immediate 146,000, Secondary 150,000, Major 160,000
Moving Averages: 50-Day approx 145,500, 200-Day approx 160,000
Status: Death Cross (fast EMA below slow EMA), RSI , trend decreasing with descending channel pattern.

Overall, the market bias remains bearish with continued weakness in key sectors and broad profit-taking.

DISCLAIMER: This report is for informational purposes only and does not constitute investment advice. Information is obtained from sources believed reliable but accuracy is not guaranteed.

BTCUSD SEEMS TO BE RESPONDING WELL TO OUR INDICATORS

Just took a trade this afternoon.

QUICK SUMMARY TABLE
Instrument- Entry - Stop - Target - Bias
Gold- ~4,020 - ~3,970 - ~4,130 Long

Bitcoin- ~. 83,000 - ~86,000 - ~76,000 - Short

I will be posting more subsequently

ANOTHER RED DAY IN THE MARKET!!!
Nigeria' market is fairly resilient. Despite the mess up by our current set of economic Managers, the market is still holding up.

Looking at our indicators, the support level is still far away, probability around 142,000 range!!!

Extract of Target Technical Analysis Report For Today:

PLAN FOR NEW WEEK NIGERIA STOCK MARKET 20 NOVEMBER 2025

Market Performance
· Market closed lower with high-volume selling and negative breadth.
· Trading volume and value surged dramatically, indicating institutional distribution.
· Sentiment remains fragile and bearish.

Key Drivers of Sell-Off
· Liquidity squeeze from CBN's high interest rates, making bonds attractive.
· Naira volatility increasing costs and uncertainty for companies.
· Institutional profit-taking due to unfavorable policy environment.

Market Direction and Outlook
· Bearish trend confirmed with strong SELL signal.
· Short-term outlook remains negative; expect test of support at 142000.
· Advice: Maintain cash-heavy positions until reversal signals emerge.

Sector Performance
· Most sectors show SELL signals, including Banking, Insurance, and Consumer Goods.
· Oil/Gas sector is relatively resilient but with neutral momentum.

Stock Recommendations
· Stocks to Buy: XXXX, XXXX, XXXX, XXXX
· Stocks to Sell or Wait: XXXX, XXXX, XXXX, XXXX

Technical Indicators
· All Share Index shows SELL from trend and sentiment.
· Broad-based technical deterioration across indices.

Disclaimer: Trading involves risks. Investors should confirm trades with their own analysis.

Extract of Target Technical Analysis Report For Today (US Stocks)
[/color]
MARKET OVERVIEW Close of 18 Nov 2025 [color=#550000]
Today we expect some market recovery. But we should not be too aggressive in buying until oater today aftet the CPI data must havecbeen reoeased.

Market exhibited classic rotational characteristics within an overarching bullish framework, with early strength in AI and crypto-related equities giving way to broader consolidation and volatility expansion late in the period. Cross-verified data from multiple institutional and quantitative platforms confirm sustained relative leadership in technology and select growth pockets, tempered by intermarket pressures from stable yields and firm dollar. Sentiment analytics aggregated from community and broker sources remained constructive on high-conviction themes, particularly crypto infrastructure and AI enablers, with probability reinforcement from repeated institutional commentary and volume confirmation.

Extract of Target Technical Analysis Report For Today

TRADING PLAN NIGERIA 19 NOV 2025 FULL REPORT[/color]

MARKET PERFORMANCE[color=#000099]

The market direction is likely to remain bearish in the short term. Our indicators suggest we may see another significant bearish day soon. As a guideline, we will always present our final watchlist in this format. However, the stocks in the full report and speculative picks below represent an additional watchlist which must be monitored daily. This is where stocks for three to ten day swing trading are located; if they maintain their trend, they will qualify for our primary buy watchlist.

Our list of stocks to watch for buying is [/color]XXXXXX, XXXXXX, XXXXXX, and XXXXXX.

Our list of stocks to sell, wait, or not buy is [color=#990000]XXXXXX, XXXXXX, XXXXXX, and XXXXXX. We will continue to populate the list in this manner for the time being.

STAY IN THE MARKET OR BE IN CASH[/color]

The technical signal for the ASI All Share Index clearly advises to be in cash. The policy overhang from the proposed Capital Gains Tax reform, coupled with high fixed-income yields, will continue to limit buying interest and encourage profit-taking or market exits. Market activity is also declining sharply in terms of volume and value, indicating that institutional buyers are on the sidelines.

OUTLOOK AND INVESTMENT STRATEGY SHORT-TERM ONE TO TWO WEEKS
[color=#770077]
The market direction for the immediate short term one to three days is likely neutral with a bearish bias. While the sharp sell-off from Monday has exhausted itself, as reflected in the reduced All Share Index movement, the lack of follow-through buying and the significant collapse in trading value suggest a severe lack of conviction from institutional buyers.

TREND AND MOMENTUM REPORT FOR NIGERIAN INDICES
[/color]
Index Trend Momentum SCORE
AllShare SELL SELL 0
Premium SELL SELL 0
MERIGRW SELL NEUTRAL 25
MERVALUE NEUTRAL NEUTRAL 25
INS BUY BUY 100
BNK BUY BUY 100
Cons Gds SELL NEUTRAL 25
INDUSTR SELL SELL 0
LOTUSISLM BUY NEUTRAL 50
Oil/G NEUTRAL NEUTRAL 25
GROWTH SELL SELL 0
Comment: The All-Share Index remains in a clear risk-off configuration with both trend and momentum negative. The XXXXXX and XXXXXX sectors stand out as lone bright spots with full scores, indicating a defensive rotation is evident. The XXXXXX sector is in free-fall mode. The XXXXXX and XXXXXX indices are neutralising but remain vulnerable to further profit-taking. Exercise extreme caution outside of the XXXXXX and XXXXXX sectors.

INDICES THREE DAY TREND AT A GLANCE[color=#550000]
Indices Score Historical Report
Index 18 Nov 17 Nov 14 Nov
AllShare -0.12% -1.26% +0.45%
Premium -0.18% -1.05% +0.31%
MERIGRW -0.41% -0.89% -0.22% MERVALUE +0.05% -0.67% +0.18%
INS +0.82% +1.14% +0.96%
BNK +0.33% -0.21% +0.67%
Cons Gds -0.09% -0.44% +0.28%
INDUSTR -1.67% -4.33% -0.88% LOTUSISLM +0.21% +0.15% +0.09%
Oil/G +0.47% -0.33% +1.12%
GROWTH -0.55% -1.78% -0.91
Interpretation: The XXXXXX and XXXXXX sectors are the only sectors showing consistent positive or improving momentum over the three-day window. The XXXXXX sector has suffered a sharp three-day cumulative decline of approximately 6.8 percent, confirming a heavy sell-off. The XXXXXX sector is bouncing but remains mixed. The overall market continues in a corrective phase.

DISCLAIMER[color=#000099][/color]

Trading involves significant risks. Investors are solely responsible for their own trading decisions and should confirm any trade with their own analysis or system.

BELOW IS OUR MESSAGE FOR TODAY IN THE CAUCUS

Also very soon, we will start monitoring the daily movement in the foreign portfolio Investors.

ADDITION OF NEW SECTION TO OUR NIGERIA REPORT/PARTIAL REPORT FOR 18 NOV 2025
We have added a trend at a "Glance Table" to our report. The table shows what the 3 days trend for a particular indices is, example is the Industrial Goods Index,which has declined for 3 days consistently, with that of Monday being a big plunge. The report is below shown below (will still be part of our main report) plus our stock picks for the day.

**1 3 INDICES 3- DAYS TREND AT A GLANCE**
INDICES SCORE HISTORICAL REPORT
Index %Day1 %Day2 %Day3
AllShare -1.26% +0.02% +1.08%
Premium -1.20% +0.05% +1.10%
MERIGRW -0.80% +0.03% +1.20%
MERVALU -0.50% +0.01% +0.90%
INS +0.07% +2.40% +0.50%
BNK -1.01% +1.30% +0.13%
Cons Gd -0.02% +0.50% +1.00%
INDUSTR -4.48% +0.00% -0.50% LOTUSISLM +0.20% +0.80% +0.60%
Oil/G -1.18% -0.50% +0.50%
GROWTH -0.50% +0.10% +1.50%
From the above, we can see consistent deterioration in PREMIUM,GROWTH, INDUSTRIAL Indices etc.

The bull market is facing a healthy correction, driven by fear, but the underlying sentiment in smaller stocks remains speculative and buoyant. The major cap movers are in a consolidation/corrective phase, while small caps are seeing opportunistic surges.

Market is likely to be bearish/range-bound, with ASI 144200-144500 with defensive rotation; monitor CGT review headlines for downside triggers, favor dips in insurance/banking over cyclicals.

**Stay In The Market Or Be In Cash**:
Be more in cash (actually the market is retracing from high and 144210 look like the next support on the line). With the Premium and Industrial indices as bigest lossers of the day, we are better to pitch our tent on the side of the bers temporarily.

**​Outlook and Investment Strategy: Short-Term (1 to 2 Weeks)**

Short Term Outlook 1 to 2 Weeks
​The Nigerian stock market is expected to remain in a consolidation or volatile phase over the next one to two weeks. The long-term bullish trend remains technically intact, but short-term momentum is being dictated by the uncertainty surrounding the Capital Gains Tax (CGT) policy. This is likely to continue driving profit-taking in high-cap, highly liquid stocks, causing market volatility.

​The key catalyst for a renewed bullish leg would be a formal clarification from the government on the CGT, confirming that secondary market transactions will not be taxed. Until then, institutional capital may remain on the sidelines or continue to de-risk, pressuring the major indices.

Risk factors include sustained heavy foreign investor outflows and a breakdown of the key technical support levels on the ASI (e.g., EMA).

​The investment strategy should be to adopt a selective Buy on Dips approach.

TARGET TECHNICAL ANALYISIS EXTRACT- MESSAGE FIR TODAY

This is how we display Corporate Report for 14 November 2025

Corporate Actions (November 14)
​TICKER Disclosures

AFRIPRUD RESIGNATION OF CHIEF FINANCE OFFICER Date Submitted November 14th 2025 AFRIPRUD announced the resignation of its Chief Finance Officer. This change in key management personnel may introduce temporary uncertainty in financial reporting and strategy. ​

NAHCO DIRECTORSDEALINGS Date Submitted November 14th 2025 NAHCO reported dealings in the company's shares by a Director. Directors' dealings are often monitored for signals on management's confidence in the company's future value. ​

MULTI-TREX QUARTER 3 - FINANCIAL STATEMENT FOR 2024 Date Submitted November 14th 2025 MULTI-TREX submitted its Q3 2024 financial results. ​

MULTI-TREX QUARTER 2 - FINANCIAL STATEMENT FOR 2024 Date Submitted November 14th 2025

AVA INFRASTRUCTURE FUND NOTIFICATION OF DIVIDEND PAYMENT Date Submitted November 14th 2025 AVA INFRASTRUCTURE FUND announced notification of dividend payment to its investors.

MULTI-TREX QUARTER 1 - FINANCIAL STATEMENT FOR 2024 Date Submitted November 14th 2025

FCMB GROUP PLC NOTICES OF EXTRA-ORDINARY GENERAL MEETING (EGM) Date Submitted November 14th 2025 FCMB announced notices regarding its Extra-Ordinary General Meeting (EGM). EGM's are usually called to discuss matters requiring urgent shareholder approval, often capital-related or strategic. ​

Earnings Analysis (MULTI-TREX Integrated Foods PLC) ​Ticker Current Result (Q3 2024) Previous Yr (Q3 2023) Percent Change MULTITREX Loss for the period \mathrm{N}56.12\text{M} Loss \mathrm{N}60.45\text{M} 7.16 percent

MULTI-TREX's financial statements show a marginal improvement in the Net Loss for Q3 2024 compared to Q3 2023. While the company remains unprofitable, the reduction in loss suggests either better cost control or marginal revenue gains, but the stock remains in a high-risk category.

This is extract of our weekly report plus our plan fir Monday 17 Nov

Trading Outlook for Monday: Cautious bullish bias; buy dips in leading sectors.

TREND/MOMENTUM REPORT FOR NIGERIAN INDICES - Weekly
Index Trend Momentum SCORE
AllShare BUY BUY 100
Premium BUY BUY 100
MERIGRW BUY BUY 100
MERVALUE BUY BUY 100
NGXINS BUY BUY 100
NGXBNK BUY BUY 100
CNSMRGDS BUY NEUTRAL 25
INDUSTR SELL SELL 0
LOTUSISLM BUY NEUTRAL 25
OILGAS NEUTRAL BUY 25
GROWTH BUY BUY. 50

**BEST PERFORMING SUBSECTOR STOCK RECOMMENDATIONS**
Based on the best performing Insurance subsector and application of our stock selection criteria strong technical momentum, positive fundamental outlook, and membership in top performing sectors, we recommend the following stocks:
Ticker Probability
XXXX 78%
XXXX 72%
XXXX 71%

**OVERALL MARKET ASSESSMENT*#
Based on ASI Trend on 14 Nov 2025: BE IN CASH
The All Share Index is in a SELL position with fast EMA below slow EMA and negative MACD histogram. Problem is that many of the big cap stocks seems to be going back to bearish mode. So we should buy with extra caution.

Risk-off positioning is advised until technical conditions improve and the index reclaims the 148,000 support-turned-resistance level.