October 23, 2026/InvestmentOne Report
The NGXASI appreciated by 0.92% to close at 247,222.27pts, as the gains recorded in DANGCEM (+10.00%), FIRSTHOLDCO (+10.00%) and FIDELITYBK (+9.09%) 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 across the short and long tenors of the benchmark curve. Consequently, the Average T-Bills yield increased by 4bps to close at 17.93%. Meanwhile, the FGN Bond secondary market traded on a flattish note as the Average FGN Bond yield remained unchanged to close at 16.35%.
At the NFEM window, the Naira declined 1.30% to close at NGN1,361.84/USD. Crude oil price (Brent) rose by 3.55% to close at USD 117.19pb.
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