June 8, 2026/InvestmentOne Report

The NGXASI advanced by 0.38% to close at 243,510.75pts, as the gains recorded in MTNN (+1.94%), FIRSTHOLDCO (+2.58%) and OANDO (+7.92%) drove the local equities market into the positive zone.
 
In the fixed income space, the Treasury Bills secondary market traded on a negative note driven sell pressure observed at the three tenors of the curve. Consequently, the Average T-Bills yield rose by 5bps to close at 17.59%. Similarly, the FGN Bond secondary market traded on a negative note as the Average FGN Bond yield traded higher by 26bps to close at 16.65%.
 
At the NFEM window, the Naira closed flat at NGN1,362.16/USD. Crude oil price (Brent) rose by 1.65% to close at USD94.63pb.
 
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