NGXASI Advance +0.99%, Buoyed by Bellwether Counters

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July 30, 2025/InvestmentOne Report

The NGXASI rose by 0.99% today to close at 139,278.67pts, as gains in WAPCO (+7.63%) , MTNN (+4.32%) and GTCO (+4.03%), drove the bullish sentiment in the local bourse.
 
In the fixed income space, the Treasury Bills secondary market traded with negative sentiments across the mid and long tenors of the benchmark curve. As a result, the Average T-Bills yield climbed by 10bps to close at 17.76%. Similarly, the FGN Bond market flipped sided as it traded on a bearish note as the Average FGN Bond yield rose by 7bps to close at 16.27%.
 
At the NFEM window, the Naira depreciated by 0.09% to close at NGN1,534.52/USD. Crude oil price (Brent) advanced by 0.81% to USD73.10pb.
 
Kindly find below the full Financial Market Report.

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