NGXASI Gains +0.16%, Driven by Bellwether Counters

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September 29, 2025/InvestmentOne Report

The NGXASI advanced by 0.16% today to close at 142,364.65pts, as the gains recorded in BUACEMENT (+5.40%), MTNN (+0.71%) and FIDELITYBK (+8.13%) drove the domestic bourse into the green.
 
In the fixed income space, the Treasury Bills secondary market exhibited a mild positive performance driven by the buying interest observed across the short end and belly of the curve. As a result, the Average T-Bills yield moderated by 1bp to close at 17.98%. Similarly, the FGN Bond secondary market traded on a positive note as the Average FGN Bond yield declined by 13bps to close at 16.38%.
 
At the NFEM window, the Naira strengthened by 0.29% to close at NGN1,476.35/USD. Crude oil price (Brent) contracted by 3.15% to close at USD67.92pb.

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