NGX Indices Gain +0.25%, Buoyed by Blue Chips

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June 2, 2025/InvestmentOne Report

The NGXASI advanced by 0.25% today to close at 112,026.24pts, as the positive sentiment in MTN (+3.18%), OANDO (+2.56%) and FIRSTHOLDCO (+2.00%) drove the domestic bourse into the green region.
 
In the fixed income space, the Treasury Bills secondary market began the week on a negative due to the profit taking activities observed across the mid and long tenor instruments. Consequently, Average T-Bills yield remained stable at 20.74%. Similarly, the FGN Bond market traded bearish as the Average FGN Bond yield increased by 3bps to close at 18.86%.
 
At the NFEM window, the Naira advanced by 30bps to close at NGN1,581.59/USD today. Crude oil price (Brent) advanced by 3.79% to USD65.16pb.
 
Kindly find below the full Financial Market Report.

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