Nigeria shares higher at close of trade; NSE 30 up 0.62%

  • Stock Market News
Nigeria shares higher at close of trade; NSE 30 up 0.62%
Credit: © Reuters. – Nigeria equities were higher at the close on Tuesday, as gains in the Banking , Oil & Gas and Food, Beverages & Tobacco sectors propelled shares higher.

At the close in Lagos, the NSE 30 added 0.62%.

The biggest gainers of the session on the NSE 30 were Union Bank LG (LAGOS: UBN ), which rose 9.00% or 0.45 points to trade at 5.45 at the close. Fbn Holdings (LAGOS: FBNH ) added 6.71% or 0.550 points to end at 8.600 and Wemabank (LAGOS: WEMABAN ) was up 5.26% or 0.030 points to 0.610 in late trade.

Biggest losers included Total Nig (LAGOS: TOTAL ), which lost 9.17% or 17.40 points to trade at 172.30 in late trade. Pz Cussons LG (LAGOS: PZ ) declined 6.30% or 0.85 points to end at 12.65 and Dangote Flour Mills PLC (LAGOS: DANGFLOUR ) shed 3.95% or 0.30 points to 7.30.

Declining stocks outnumbered rising ones by 48 to 45 and 14 ended unchanged on the Lagos.

In commodities trading, Crude oil for November delivery was up 1.08% or 0.74 to $69.42 a barrel. Meanwhile, Brent oil for delivery in November rose 1.01% or 0.79 to hit $78.84 a barrel, while the December Gold Futures contract fell 0.22% or 2.70 to trade at $1203.10 a troy ounce.

EUR/NGN was down 0.51% to 420.010, while USD/NGN rose 0.28% to 362.500.

The US Dollar Index Futures was up 0.17% at 94.25.

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