NGXASI Advance +0.48% on Gains in Bellwether Counters

Image Credit: govbusinessjournal.com

August 22, 2025/InvestmentOne Report

The NGXASI advanced by 0.48% today to close at 141,004.14pts, as increases in the prices of ZENITHBANK (+2.49%), TRANSCORP (+2.23%) and GTCO (+1.35%) drove the domestic bourse into the positive region.
 
In the fixed income space, the Treasury Bills secondary market closed bearish, majorly due to the downward momentum observed across all three ends of the benchmark curve. As a result, the Average T-Bills yield rose by 31bps to close at 18.38%. Elsewhere, the FGN Bond market traded on a bearish note as the Average FGN Bond yield rose by 4bps to close at 16.70%.
 
At the NFEM window, the Naira appreciated by 0.05% to close at NGN1,535.04/USD. Crude oil price (Brent) declined by 0.09% to close at USD67.61pb.
            
Kindly find below the full Financial Market Report.

Leave a Comment

Your email address will not be published.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

*