Nigeria shares higher at close of trade; NSE 30 up 0.27%

  • Stock Market News
Nigeria shares higher at close of trade; NSE 30 up 0.27%
Credit: © Reuters. – Nigeria equities were higher at the close on Thursday, as gains in the Banking , Insurance and Oil & Gas sectors propelled shares higher.

At the close in Lagos, the NSE 30 gained 0.27%.

The biggest gainers of the session on the NSE 30 were Pz Cussons LG (LAGOS: PZ ), which rose 3.57% or 0.50 points to trade at 14.50 at the close. Skye Bank (LAGOS: SKYEBAN ) added 3.12% or 0.020 points to end at 0.660 and Access Bank (LAGOS: ACCESS ) was up 3.09% or 0.30 points to 10.00 in late trade.

Biggest losers included Dangote Flour Mills PLC (LAGOS: DANGFLOUR ), which lost 6.11% or 0.55 points to trade at 8.45 in late trade. Nig Brew (LAGOS: NB ) declined 2.91% or 3.00 points to end at 100.00 and Guiness Nig (LAGOS: GUINNES ) shed 2.08% or 2.00 points to 94.00.

Declining stocks outnumbered rising ones by 48 to 36 and 16 ended unchanged on the Lagos.

In commodities trading, Crude oil for September delivery was up 2.26% or 1.53 to $69.19 a barrel. Meanwhile, Brent oil for delivery in October rose 1.71% or 1.24 to hit $73.63 a barrel, while the December Gold Futures contract fell 0.58% or 7.10 to trade at $1220.50 a troy ounce.

EUR/NGN was down 0.41% to 420.740, while USD/NGN fell 0.28% to 360.000.

The US Dollar Index Futures was up 0.44% at 94.88.

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