NGXASI Advance +0.04% on Gains in Consumer Goods Counters

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May 21, 2026/InvestmentOne Report

The NGXASI increased by 0.04% to close at 249,175.39pts, as the gains recorded in UNILEVER (+9.80%), UACN (+3.80%) and INTBREW (+3.66%) drove the local equities market into the positive zone.

In the fixed income space, the Treasury Bills secondary market traded on a slightly positive note amid the mild buying interest observed across the curve. As a result, the Average T-Bills yield inched lower by 3bps to close at 17.46%. However, the FGN Bond secondary market traded on a flattish note as the Average FGN Bond yield remained unchanged to close at 16.21%.

At the NFEM window, the Naira strengthened marginally by 0.04% to close at NGN1,372.75/USD. Crude oil price (Brent) rose by 2.16% to close at USD107.29pb.

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