NGXASI Advance +0.56%, Byoued by Bellwether Counters

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June 11, 2025/InvestmentOne Report

The NGXASI advanced by 0.56% today to close at 114,659.11pts, as the gains printed in DANGCEM (+4.50%), MTNN (+3.23%) and OANDO (+6.32%) pushed the Nigerian equities market into the positive terrain.
 
In the fixed income space, the Treasury Bills secondary exhibited a bullish performance driven by the buying interest observed among investors as yields decreased across the benchmark curve. Consequently, Average T-Bills yield declined by 21bps to close at 20.59%. Similarly, the FGN Bond market traded on a marginally positive note as the Average FGN Bond yield moderated by 2bps to close at 18.80%.
 
At the NFEM window, the Naira strengthened slightly by 0.02% to close at NGN1,539.72/USD today. Crude oil price (Brent) jumped by 2.24% to USD68.37pb.
 
Kindly find below the full Financial Market Report.

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