NGXASI Advance +0.62%, Buoyed by Bellwether Counters

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September 17, 2026/InvestmentOne Report

The NGXASI advanced by 0.62% to close at 246,315.50pts, as the gains recorded in BUACEMENT (+10.00%), FIRSTHOLDCO (+4.97%) and BETAGLASS (+10.00%) drove the local equities market into the green.
 
In the fixed income space, the Treasury Bills secondary market traded on a negative note, driven by the selling sentiment observed at the mid and long end of the benchmark curve. As a result, the Average T-Bills yield advanced by 4bps to close at 18.81%. Similarly, the FGN Bond secondary market traded on a bearish note as the Average FGN Bond yield increased by 6bps to close at 16.58%.
 
At the NFEM window, the Naira weakened by 0.11% to close at NGN1,331.28/USD. Crude oil price (Brent) fell by 2.18% to close at USD103.52pb.
                                                                                                                
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