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Nigeria stocks higher at close of trade; NSE 30 up 0.52%

Published 07/19/2017, 01:15 PM
Updated 07/19/2017, 01:15 PM
© Reuters.  Nigeria stocks higher at close of trade; NSE 30 up 0.52%

Investing.com – Nigeria stocks were higher after the close on Wednesday, as gains in the Oil & Gas, Banking and Food, Beverages & Tobacco sectors led shares higher.

At the close in Lagos, the NSE 30 added 0.52%.

The best performers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 5.00% or 0.030 points to trade at 0.630 at the close. Meanwhile, Pz Cussons LG (LAGOS:PZ) added 5.00% or 1.05 points to end at 22.05 and Guiness Nig (LAGOS:GUINNES) was up 4.92% or 3.10 points to 66.15 in late trade.

The worst performers of the session were Union Bank LG (LAGOS:UBN), which fell 3.53% or 0.20 points to trade at 5.42 at the close. Dangote Flour Mills PLC (LAGOS:DANGFLOUR) declined 2.81% or 0.14 points to end at 4.81 and Nestle Nig (LAGOS:NESTLE) was down 1.79% or 16.50 points to 904.00.

Rising stocks outnumbered declining ones on the Lagos by 39 to 36 and 24 ended unchanged.

Crude oil for August delivery was up 1.27% or 0.59 to $46.99 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.39% or 0.68 to hit $49.52 a barrel, while the August Gold Futures contract fell 0.05% or 0.59 to trade at $1241.31 a troy ounce.

EUR/NGN was down 0.21% to 362.760, while USD/NGN unchanged 0.00% to 350.000.

The US Dollar Index Futures was up 0.12% at 94.56.

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