NGXASI Dips -1.44% on Losses in Blue Chips

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June 3, 2026/InvestmentOne Report

The NGXASI declined by 1.44% to close at 243,137.00pts, as the losses recorded in WAPCO (-9.97%), MTNN (-6.95%) and FIRSTHOLDCO (-6.80%) drove the local equities market into the negative zone.
 
In the fixed income space, the Treasury Bills secondary market traded on a mildly positive note amid buy pressure observed across the curve. Consequently, the Average T-Bills yield declined by 2bp to close at 17.45%. Elsewhere, the FGN Bond secondary market traded on a neutral note as the Average FGN Bond yield remained flat to close at 16.36%.
 
At the NFEM window, the Naira appreciated by 0.08% to close at NGN1,360.00/USD. Crude oil price (Brent) rose by 2.09% to close at USD98.01pb.
 
Kindly find below the full Financial Market Report.

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