NGXASI Advance +0.18%, Driven by Banking Counters

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November4, 2026/InvestmentOne Report

The NGXASI advanced by 0.18% to close at 254,751.41pts, as the gains recorded in GTCO (+5.13%), TRANSPOWER (+9.97%) and ZENITHBANK (+2.65%) drove the local equities market into the positive zone.
 
In the fixed income space, the Treasury Bills secondary market traded on a positive note, driven by the buying sentiment observed at the mid and long end of the benchmark curve. Consequently, the Average T-Bills yield declined by 3bps to close at 17.87%. Similarly, the FGN Bond secondary market traded on a slightly positive note as the Average FGN Bond yield inched lower by 1bp to close at 16.36%.

At the NFEM window, the Naira depreciated marginally by 0.06% to close at NGN1,347.80/USD. Crude oil price (Brent) fell by 7.68% to close at USD 95.64pb.

Kindly find below the full Financial Market Report.

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