August 31,2026/InvestmentOne Report
The NGXASI appreciated by 1.20% to close at 244,199.50pts, as the gains recorded in MTNN (+4.26%), ZENITHBANK (+5.29%) and GTCO (+3.10%) drove the local equities market into the green.
In the fixed income space, the Treasury Bills secondary market traded on a positive note, driven by the buy pressure observed across the three tenors of the benchmark curve. Consequently, the Average T-Bills yield declined by 7bps to close at 18.77%. Meanwhile, the FGN Bond secondary market traded on a bearish note as the Average FGN Bond yield appreciated by 2bps to close at 16.83%
At the NFEM window, the Naira gained by 0.32% to close at NGN1,332.94/USD. Crude oil price (Brent) rose by 2.66% to close at USD90.44pb.
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