Nigeria shares higher at close of trade; NSE 30 up 0.04%

  • Investing.com
  • Stock Market News
Nigeria shares higher at close of trade; NSE 30 up 0.04%
Credit: © Reuters.

Investing.com – Nigeria equities were higher at the close on Monday, as gains in the Banking , Oil & Gas and Insurance sectors propelled shares higher.

At the close in Lagos, the NSE 30 rose 0.04% to hit a new 1-month high.

The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS: WEMABAN ), which rose 4.76% or 0.040 points to trade at 0.880 at the close. Skye Bank (LAGOS: SKYEBAN ) added 3.70% or 0.030 points to end at 0.840 and Guaranty Bnk (LAGOS: GUARANT ) was up 1.47% or 0.65 points to 45.50 in late trade.

Biggest losers included Dangote Flour Mills PLC (LAGOS: DANGFLOUR ), which lost 5.00% or 0.70 points to trade at 13.30 in late trade. Unilever Nig (LAGOS: UNILEVE ) declined 4.92% or 2.70 points to end at 52.20 and Dangsugar (LAGOS: DANGSUG ) shed 4.21% or 0.90 points to 20.95.

Declining stocks outnumbered rising ones by 53 to 39 and 20 ended unchanged on the Lagos.

In commodities trading, Crude oil for June delivery was up 1.04% or 0.71 to $68.81 a barrel. Meanwhile, Brent oil for delivery in July rose 1.72% or 1.27 to hit $75.06 a barrel, while the June Gold Futures contract fell 0.39% or 5.20 to trade at $1318.20 a troy ounce.

EUR/NGN was up 0.07% to 435.460, while USD/NGN fell 0.14% to 359.500.

The US Dollar Index Futures was up 0.24% at 91.53.

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