21/05/2026
Nigerian markets closed on a positive note as the NGX advanced slightly, extending its year-to-date gains to over 60% 📈
Trading activity surged in volume, though sentiment remained mixed with more decliners than gainers. Consumer Goods led sector gains, while banking dominated activity.
In fixed income, liquidity pressures kept rates elevated, while bond and T-bill markets saw selective demand and slightly softer yields.
The naira strengthened modestly, supported by rising external reserves and improved FX inflows, while Brent crude edged higher amid geopolitical tensions.
Overall, markets remain active but selective rewarding discipline and informed positioning.