October 27, 2027/InvestmentOne Report
The NGXASI appreciated by 1.07% to close at 253,990.06pts, as the gains recorded in DANGCEM (+9.80%), STANBIC (+3.06%) and ACCESSCORP (+3.26%) drove the local equities market into the green.
In the fixed income space, the Treasury Bills secondary market traded on a slightly positive note, driven by the weak buying sentiment observed across the mid and long tenors of the benchmark curve. Consequently, the Average T-Bills yield declined by 1bp to close at 17.92%. Meanwhile, the FGN Bond secondary market traded on a bearish note as the Average FGN Bond yield increased 3bps to close at 16.38%.
At the NFEM window, the Naira appreciated 1.08% to close at NGN1,352.87/USD. Crude oil price (Brent) fell by 1.76% to close at USD 113.77pb.
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