December 30, 2024/InvestmentOne Report

The NGXASI advanced by 0.99% today to close at 103,149.35pts as buy pressure on MTNN (+7.11%), BUAFOODS (+5.09%) and GUINNESS (+4.85%) drove the Nigerian bourse into the green zone.

In the fixed income space, the Treasury Bills secondary market traded on a flattish note. As such, Average T-Bills yield remained unchanged to close at 25.48%. Likewise, the FGN Bond market traded on a quiet note as the Average FGN Bond yield stayed flat to close at 19.75%.

At the NFEM window, the Naira depreciated by 0.13% to close at NGN1,537.00/USD. Crude oil price (Brent) rose by 0.39% to USD74.46pb.

Kindly find below the full Financial Market Report.