Nigeria shares higher at close of trade; NSE 30 up 0.25%

  • Stock Market News
Nigeria shares higher at close of trade; NSE 30 up 0.25%
Credit: © Reuters. – Nigeria equities were higher at the close on Tuesday, as gains in the Oil & Gas , Food, Beverages & Tobacco and Banking sectors propelled shares higher.

At the close in Lagos, the NSE 30 rose 0.25%.

The biggest gainers of the session on the NSE 30 were Nestle Nig (LAGOS: NESTLE ), which rose 5.00% or 71.10 points to trade at 1493.60 at the close. Wemabank (LAGOS: WEMABAN ) added 4.40% or 0.040 points to end at 0.950 and Dangote Flour Mills PLC (LAGOS: DANGFLOUR ) was up 2.62% or 0.35 points to 13.70 in late trade.

Biggest losers included Skye Bank (LAGOS: SKYEBAN ), which lost 4.40% or 0.040 points to trade at 0.870 in late trade. Nig Brew (LAGOS: NB ) declined 3.62% or 4.70 points to end at 124.90 and Stanbicibtc Hl (LAGOS: IBTC ) shed 2.20% or 1.10 points to 48.90.

Declining stocks outnumbered rising ones by 49 to 38 and 17 ended unchanged on the Lagos.

In commodities trading, Crude oil for June delivery was down 0.77% or 0.53 to $68.11 a barrel. Meanwhile, Brent oil for delivery in June fell 0.50% or 0.37 to hit $74.34 a barrel, while the June Gold Futures contract rose 0.62% or 8.20 to trade at $1332.20 a troy ounce.

EUR/NGN was down 0.15% to 439.590, while USD/NGN unchanged 0.00% to 360.000.

The US Dollar Index Futures was down 0.15% at 90.55.

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