July 9, 2026/InvestmentOne Report
The NGXASI advanced by 0.62% to close at 243,958.73pts, as the gains recorded in FIRSTHOLDCO (+9.96%), MTNN (+3.85%) and ZENITHBANK (+3.29%) 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, driven by the buy pressure observed across the short end, and belly of the benchmark curve. As a result, the Average T-Bills yield declined by 5bps to close at 18.45%. Similarly, the FGN Bond secondary market traded on a positive note as the Average FGN Bond yield declined by 7bps to close at 17.74%.
At the NFEM window, the Naira appreciated by 0.05% to close at NGN1,378.43/USD. Crude oil price (Brent) fell by 2.10% to close at USD76.38pb.
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