NGXASI Advance +0.76% on Gains in Banking, Industrial Goods Counters

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March 13, 2026/InvestmentOne Report

The NGXASI advanced by 0.76% to close at 198,407.30pts, as the gains recorded in BUACEMENT (+9.18%), WAPCO (+4.85%) and ZENITHBANK (+3.01%), drove the local bourse into the green.
 
In the fixed income space, the Treasury Bills secondary market traded on a negative note, driven by sell-offs observed across the belly and long end of the curve. Consequently, the Average T-Bills yield increased by 9bp to close at 17.66%. Meanwhile, the FGN Bond secondary market traded on a mildly bullish note as the Average FGN Bond yield was down by 3bps to close at 15.76%.
 
At the NFEM window, the Naira appreciated by 0.38% to close at NGN 1,366.23/USD. Crude oil price (Brent) advanced by 1.50% to close at USD101.97pb.
 
Kindly find below the full Financial Market Report.

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