NGXASI Gains +1.00% on Industrial, Consumer Goods Counters

Image Credit: govbusinessjournal.com

July 18, 2025/InvestmentOne Report

The NGXASI advanced by 1.00% today to close at 131,585.21pts, as gains in BUACEMENT (+9.98%), NESTLE (+9.09%) and DANGCEM (+4.58%) propelled the local bourse into the green zone.
 
In the fixed income space, the Treasury Bills secondary market traded on a bullish note largely due to buy pressure observed across the benchmark curve. As a result, the Average T-Bills yield fell 52bps to close at 17.82%. Likewise, the FGN Bond market traded on a positive note as the Average FGN Bond yield declined by 8bps to close at 16.56%.
 
At the NFEM window, the Naira appreciated by 0.05% to close at NGN1,532.34/USD. Crude oil price (Brent) settled lower by 0.14% to USD69.42pb.
 
Kindly find below the full Financial Market Report.

Leave a Comment

Your email address will not be published. Required fields are marked *

*