NGXASI Advance +0.18% on Gains in Bellwether Counters

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June 10, 2025/InvestmentOne Report

The NGXASI advanced by 0.18% today to close at 114,820.86pts, as the gains recorded in BUAFOODS (+4.32%), GTCO (+1.64%) and PRESCO (+3.40%) drove the local bourse into the green.
 
In the fixed income space, the Treasury Bills secondary market traded on a negative note as yields increased across the short end and belly of the curve amidst selloffs from investors. Consequently, Average T-Bills yield rose by 11bps to close at 20.80%. Conversely, the FGN Bond market exhibited a slight positive bias as the Average FGN Bond yield moderated by 2bps to close at 18.82%.
 
At the NFEM window, the Naira strengthened by 0.84% to close at NGN1,540.05/USD today. Crude oil price (Brent) rose by 1.24% to USD67.87pb.
 
Kindly find below the full Financial Market Report.

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