NGXASI Advance +0.53%, Buoyed by Blue Chips

Image Credit: govbusinessjournal.com

July 28, 2025/InvestmentOne Report

The NGXASI advanced by 0.53% today to close at 135,166.50pts, as gains in ETI (+6.25%) , WAPCO (+3.56%) and MTNN (+2.65%), drove the optimistic sentiment in the local equities market.
 
In the fixed income space, the Treasury Bills secondary market traded on a positive sentiment across the short and long tenors of the benchmark curve. As a result, the Average T-Bills yield declined by 2bps to close at 17.68%. Elsewhere, the FGN Bond market remained on a positive note as the Average FGN Bond yield declined by 4bps to close at 16.21%.
 
At the NFEM window, the Naira appreciated by 0.03% to close at NGN1,534.21/USD. Crude oil price (Brent) rose by 2.02% to USD69.82pb.
 
Kindly find below the full Financial Market Report

Leave a Comment

Your email address will not be published.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

*