NGXASI Advance +1.74% as Santa Rally Extend Gains in BUACEMENT, GTCO, UBA

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January 5, 2026/InvestmentOne Report

The NGXASI advanced today by 1.74% to close at 159,215.48pts, as the santa claus rally extended its gains in BUACEMENT (+2.52%), GTCO (+5.09%) and UBA (+6.63%), thereby driving the local equities market into further positive territory.
 
In the fixed income space, the Treasury Bills secondary market traded on a positive note, driven by the bullish sentiment across all tenors of the benchmark curve. As such, the Average T-Bills yield fell by 21bps to close at 17.51%. Meanwhile, the FGN Bond secondary market traded on a bearish note as the Average FGN Bond yield rose by 13bps to close at 16.68%.
 
At the NFEM window, the Naira appreciated by 0.11% to close at NGN 1,429.31/USD. Crude oil price (Brent) appreciated by 1.61% to close at USD61.73pb.
 
Kindly find below the full Financial Market Report.

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