NGXASI Advance +0.18%, Driven by Industrial Goods Sector

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July 21, 2025/InvestmentOne Report

The NGXASI advanced by 0.18% today to close at 131,826.77pts, as gains in BUACEMENT (+5.19%), PRESCO (+5.14%) and WAPCO (+1.75%) drove the optimistic sentiment in the local equities market.

In the fixed income space, the Treasury Bills secondary market traded resumed its bullish run this week as we observed a positive sentiment across the short and long end of the benchmark curve. As a result, the Average T-Bills yield fell 6bps to close at 17.76%. Likewise, the FGN Bond market traded on a positive note as the Average FGN Bond yield declined by 7bps to close at 16.49%.
 
At the NFEM window, the Naira moderated by 0.01% to close at NGN1,532.54/USD. Crude oil price (Brent) settled lower by 0.45% to USD68.97pb.
 
Kindly find below the full Financial Market Report.

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