October 12, 2026/InvestmentOne Report
The NGXASI depreciated by 0.25% to close at 2487,736.24pts, as the losses recorded in ZENITHBANK (-4.23%), FIRSTHOLDCO (-2.54%) and ACCESSCORP (-4.24%) drove the local equities market into the red.
In the fixed income space, the Treasury Bills secondary market traded on a positive note, driven by the buying sentiment observed at the short and mid tenors of the benchmark curve. As a result, the Average T-Bills yield decreased by 2bps to close at 17.87%. Meanwhile, the FGN Bond secondary market traded on a negative note as the Average FGN Bond yield advanced by 8bps to close at 16.16%.
At the NFEM window, the Naira weakened marginally by 0.07% to close at NGN1,332.10/USD. Crude oil price (Brent) rose by 1.92% to close at USD 106.73pb.
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