NGXASI Advance +0.75%,Buoyed by Industrial Goods, Telecom Counters

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October 24, 2025/InvestmentOne Report

The NGXASI advanced by 0.75% today to close at 155,640.55pts, as gains in DANCEM (+2.42%), BUACEMENT (+1.69%) and MTNN (+0.98%) drove the local bourse into the positive region.
 
In the fixed income space, the Treasury Bills secondary market traded on a slightly negative note, following the gains in yields observed across the mid and long tenors of the benchmark curve. Consequently, the Average T-Bills yield rose by 10bp to close at 17.44%. Meanwhile, the FGN Bond secondary market traded on a slightly positive note as the Average FGN Bond yield declined by 10bp close at 15.87%.
 
At the NFEM window, the Naira appreciated by 0.17% to close at NGN 1,457.96/USD. Crude oil price (Brent) appreciated by 0.88% to close at USD66.57pb.
           
Kindly find below the full Financial Market Report.

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