NGXASI Advance +1.18% on Gains in Blue Chips

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February 5, 2026/InvestmentOne Report

The NGXASI advanced by 1.18% to close at 170,005.36pts, as gains recorded in MTNN (+3.65%), SEPLAT (+10.00%) and DANGCEM (+1.55%), drove the equities market higher.
 
In the fixed income space, the Treasury Bills secondary market traded on a positive note driven by investor interest along all tenors of the benchmark curve. Consequently, the Average T-Bills yield declined by 43bps close at 17.75%. Similarly, the FGN Bond secondary market traded on a positive note as the Average FGN Bond yield fell by 25bps to close at 16.16%.
 
At the NFEM window, the Naira moderated by 0.57% to close at NGN 1,366.06/USD. Crude oil price (Brent) declined by 2.78% to close at USD67.53pb.
 
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