NGXASI Advance +1.99% to Open Week Bullish on Industrial, Consumer Goods Counters

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August 4, 2025/InvestmentOne Report

The NGXASI advanced by 1.99% today to close at 144,074.23pts, as gains in BUAFOODS (+9.41%), DANGCEM (+9.22%) and BUACEMENT (+4.73%), drove the local bourse into the green zone.
 
In the fixed income space, the Treasury Bills secondary market closed up due to buy pressure observed particularly at the short end of the benchmark curve. As a result, the Average T-Bills yield moderated by 2bps to close at 17.78%. However, the FGN Bond market traded on a bearish note as the Average FGN Bond yield rose by 7bps to close at 16.46%.
 
At the NFEM window, the Naira appreciated by 0.12% to close at NGN1,531.95/USD. Crude oil price (Brent) declined by 0.65% to USD69.22pb.
 
Kindly find below the full Financial Market Report.

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