NGXASI Dips -0.01% on Bellwether Losses

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November 2, 2026/InvestmentOne Report

The NGXASI declined by 0.01% to close at 254,268.80pts, as the losses recorded in ARADEL (-9.99%), INTBREW (-8.60%) and ZENITHBANK (-2.52%) drove the local equities market into the red.
 
In the fixed income space, the Treasury Bills secondary market traded on a flattish note, driven by the mixed sentiment observed across the benchmark curve. Consequently, the Average T-Bills yield remained unchanged to close at 17.88%. Meanwhile, the FGN Bond secondary market traded on a slightly positive note as the Average FGN Bond yield declined by 1bp to close at 16.36%.

At the NFEM window, the Naira depreciated by 0.13% to close at NGN1,347.94/USD. Crude oil price (Brent) fell by 8.01% to close at USD 104.34pb.

Kindly find below the full Financial Market Report.

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