NGXASI Maintains Bullish Momentum +0.47%, Buoyed by Consumer, Industrial Goods Sector

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July 22, 2025/InvestmentOne Report

The NGXASI advanced by 0.47% today to close at 132,451.73pts, as gains in BUACEMENT (+4.01%), WAPCO (+8.62%) and DANGSUGAR (+10.00%) drove the optimistic sentiment in the local equities market.
 
In the fixed income space, the Treasury Bills secondary market traded resumed its bullish run 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 4bps to close at 17.72%. Likewise, the FGN Bond market traded on a positive note as the Average FGN Bond yield declined by 7bps to close at 16.42%.
 
At the NFEM window, the Naira fell by 0.18% to close at NGN1,535.24/USD. Crude oil price (Brent) settled lower by 1.30% to USD68.31pb.
 
Kindly find below the full Financial Market Report.

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