October 22, 2026/InvestmentOne Report
The NGXASI declined by 0.07% to close at 244,956.94pts, as the losses recorded in INTBREW (-4.74%), WEMABANK (-3.33%) and ZENITHBANK (-0.41%) drove the local equities market into the red.
In the fixed income space, the Treasury Bills secondary market traded on a negative note, driven by the selling sentiment observed across the mid and long tenors of the benchmark curve. Consequently, the Average T-Bills yield increased by 3bps to close at 17.89%. Meanwhile, the FGN Bond secondary market traded on a positive note as the Average FGN Bond yield declined by 4bps to close at 16.35%.
At the NFEM window, the Naira declined 0.73% to close at NGN1,344.41/USD. Crude oil price (Brent) rose by 2.38% to close at USD 11.41pb.c
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