Bulls Take Charge: Momentum Alert Hits Nigerian Market (October 27, 2025)
Dear Investor,
The bulls are charging strong on the Nigerian Exchange today as several stocks trigger a Bull Momentum Alert — signaling that buying pressure is pushing prices above their 15-day moving averages (15-DMA). This is often one of the earliest signs that investors are accumulating positions in anticipation of further price gains.
According to InfoWARE AI, when a stock’s price crosses above its 15-DMA, it indicates that short-term sentiment has turned bullish and the trend may continue upward. However, analysts advise investors to monitor these stocks closely, as such movements could also signal profit-taking zones after sustained rallies.
Let’s take a closer look at the major highlights from today’s alert
Vetiva S&P Nigeria Sovereign Bond ETF (VSPBONDETF)
The Vetiva Bond ETF made a remarkable upward move, surging nearly 30% to ₦299.89, breaking well above its ₦222.36 15-day moving average.
This sharp rise reflects renewed investor interest in fixed-income assets, likely driven by expectations of lower yields and improved market liquidity.
Its performance suggests that investors are rotating funds into safer assets while still seeking healthy returns.
⛽ Eterna Plc
Oil and gas player Eterna Plc also joined the bullish run, climbing 8.05% to close at ₦43.50, above its ₦40.80 15-day moving average.
With a price-to-earnings ratio of 29.51 and a dividend yield of 0.68%, the stock shows strong market activity — trading over 556,000 units with a total value of ₦23.15 million.
This rally could be linked to rising energy sector optimism following sustained oil market stability and renewed institutional interest. ⚙️
Haldane McCall Plc
Haldane McCall advanced by 6.77% to ₦4.43, surpassing its ₦4.30 15-day moving average.
Trading volume reached over 2.1 million shares, signaling increased investor participation.
Although the company’s fundamentals are still being monitored, this price breakout could attract short-term traders seeking momentum-driven opportunities.
️ SUNU Assurances Nigeria Plc
Insurance stock SUNU Assurances continued to gain traction, rising 5.45% to ₦5.50, slightly above its ₦5.48 moving average.
With a market capitalization of ₦31.96 billion and steady volume activity, this move indicates sustained confidence in the insurance sector, supported by improving investor outlook. ✨
Stanbic IBTC ETF 30
The Stanbic IBTC ETF 30 — which tracks the performance of Nigeria’s top 30 stocks — appreciated 4.76% to ₦525, crossing its ₦519 15-day average.
This reflects broad-based market strength, suggesting that institutional investors may be taking positions across multiple sectors.
Such ETF movement often mirrors overall market bullishness and increased portfolio diversification.
NGX Insurance Index
The NGX Insurance Index also posted a mild gain of 0.33%, rising to 1,279.67, slightly above its 1,278.60 moving average.
Though the move seems small, it reinforces sector-wide momentum, confirming that insurance stocks are quietly attracting buying interest.
⚡ Key Takeaways for Investors
• The Bull Momentum Alert is a strong indicator of short-term buying pressure.
• Investors should observe whether these movements align with broader market trends or are stock-specific rallies.
• Portfolio managers often use this signal to add to winning positions or lock in profits before reversals.
• Always combine technical signals like this with fundamental research before making investment decisions.
Dear Investor,
The bulls are charging strong on the Nigerian Exchange today as several stocks trigger a Bull Momentum Alert — signaling that buying pressure is pushing prices above their 15-day moving averages (15-DMA). This is often one of the earliest signs that investors are accumulating positions in anticipation of further price gains.
According to InfoWARE AI, when a stock’s price crosses above its 15-DMA, it indicates that short-term sentiment has turned bullish and the trend may continue upward. However, analysts advise investors to monitor these stocks closely, as such movements could also signal profit-taking zones after sustained rallies.
Let’s take a closer look at the major highlights from today’s alert
Vetiva S&P Nigeria Sovereign Bond ETF (VSPBONDETF)
The Vetiva Bond ETF made a remarkable upward move, surging nearly 30% to ₦299.89, breaking well above its ₦222.36 15-day moving average.
This sharp rise reflects renewed investor interest in fixed-income assets, likely driven by expectations of lower yields and improved market liquidity.
Its performance suggests that investors are rotating funds into safer assets while still seeking healthy returns.
⛽ Eterna Plc
Oil and gas player Eterna Plc also joined the bullish run, climbing 8.05% to close at ₦43.50, above its ₦40.80 15-day moving average.
With a price-to-earnings ratio of 29.51 and a dividend yield of 0.68%, the stock shows strong market activity — trading over 556,000 units with a total value of ₦23.15 million.
This rally could be linked to rising energy sector optimism following sustained oil market stability and renewed institutional interest. ⚙️
Haldane McCall Plc
Haldane McCall advanced by 6.77% to ₦4.43, surpassing its ₦4.30 15-day moving average.
Trading volume reached over 2.1 million shares, signaling increased investor participation.
Although the company’s fundamentals are still being monitored, this price breakout could attract short-term traders seeking momentum-driven opportunities.
️ SUNU Assurances Nigeria Plc
Insurance stock SUNU Assurances continued to gain traction, rising 5.45% to ₦5.50, slightly above its ₦5.48 moving average.
With a market capitalization of ₦31.96 billion and steady volume activity, this move indicates sustained confidence in the insurance sector, supported by improving investor outlook. ✨
Stanbic IBTC ETF 30
The Stanbic IBTC ETF 30 — which tracks the performance of Nigeria’s top 30 stocks — appreciated 4.76% to ₦525, crossing its ₦519 15-day average.
This reflects broad-based market strength, suggesting that institutional investors may be taking positions across multiple sectors.
Such ETF movement often mirrors overall market bullishness and increased portfolio diversification.
NGX Insurance Index
The NGX Insurance Index also posted a mild gain of 0.33%, rising to 1,279.67, slightly above its 1,278.60 moving average.
Though the move seems small, it reinforces sector-wide momentum, confirming that insurance stocks are quietly attracting buying interest.
⚡ Key Takeaways for Investors
• The Bull Momentum Alert is a strong indicator of short-term buying pressure.
• Investors should observe whether these movements align with broader market trends or are stock-specific rallies.
• Portfolio managers often use this signal to add to winning positions or lock in profits before reversals.
• Always combine technical signals like this with fundamental research before making investment decisions.