
July 2, 2025/InvestmentOne Report
The NGXASI advanced by 0.50% today to close at 120,339.90pts, as the gains witnessed in INTBREW (+7.91%), WAPCO (+3.03%) and ZENITHBANK (+1.69%) drove the local equities market into the green zone.
In the fixed income space, the Treasury Bills secondary market traded on a positive note driven by the decline in yields across the curve amid buying interest from investors. As such, the Average T-Bills yield shed 20bps to close at 19.85%. Similarly, the FGN Bond market traded on a positive note as the Average FGN Bond yield depreciated by 31bps to 18.01%.
At the NFEM window, the Naira appreciated by 0.22% to close at NGN1,526.16/USD. Crude oil price (Brent) increased by 1.36% to trade at USD68.02pb.
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