Nigeria shares higher at close of trade; NSE 30 up 0.37%

  • Stock Market News
Nigeria shares higher at close of trade; NSE 30 up 0.37%
Credit: © Reuters. – Nigeria equities were higher at the close on Tuesday, as gains in the Banking , Oil & Gas and Insurance sectors propelled shares higher.

At the close in Lagos, the NSE 30 rose 0.37%.

The biggest gainers of the session on the NSE 30 were Diamond Bank (LAGOS: DIAMONB ), which rose 9.57% or 0.110 points to trade at 1.260 at the close. Skye Bank (LAGOS: SKYEBAN ) added 5.77% or 0.030 points to end at 0.550 and Fidelitybk (LAGOS: FIDELIT ) was up 4.94% or 0.080 points to 1.700 in late trade.

Biggest losers included Pz Cussons LG (LAGOS: PZ ), which lost 10.00% or 1.50 points to trade at 13.50 in late trade. Nestle Nig (LAGOS: NESTLE ) declined 9.55% or 143.20 points to end at 1356.80 and Union Bank LG (LAGOS: UBN ) shed 9.40% or 0.55 points to 5.30.

Declining stocks outnumbered rising ones by 46 to 38 and 15 ended unchanged on the Lagos.

In commodities trading, Crude oil for October delivery was up 0.36% or 0.25 to $70.05 a barrel. Meanwhile, Brent oil for delivery in November rose 0.27% or 0.21 to hit $78.36 a barrel, while the December Gold Futures contract fell 0.66% or 8.00 to trade at $1198.70 a troy ounce.

EUR/NGN was down 0.48% to 415.610, while USD/NGN rose 0.04% to 359.680.

The US Dollar Index Futures was up 0.33% at 95.38.

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