Nigeria shares higher at close of trade; NSE 30 up 0.63%

  • Stock Market News
Nigeria shares higher at close of trade; NSE 30 up 0.63%
Credit: © Reuters. – Nigeria equities were higher at the close on Friday, as gains in the Insurance , Food, Beverages & Tobacco and Banking sectors propelled shares higher.

At the close in Lagos, the NSE 30 rose 0.63%.

The biggest gainers of the session on the NSE 30 were Dangsugar (LAGOS: DANGSUG ), which rose 10.00% or 1.50 points to trade at 16.05 at the close. Dangote Flour Mills PLC (LAGOS: DANGFLOUR ) added 9.70% or 0.80 points to end at 8.95 and Diamond Bank (LAGOS: DIAMONB ) was up 7.69% or 0.100 points to 1.400 in late trade.

Biggest losers included Guiness Nig (LAGOS: GUINNES ), which lost 8.07% or 7.75 points to trade at 88.25 in late trade. Pz Cussons LG (LAGOS: PZ ) declined 6.27% or 0.95 points to end at 14.20 and Wemabank (LAGOS: WEMABAN ) shed 2.70% or 0.020 points to 0.720.

Advancing stocks outnumbered falling ones by 51 to 41 and 13 ended unchanged on the Lagos.

In commodities trading, Crude oil for September delivery was down 1.39% or 0.97 to $68.64 a barrel. Meanwhile, Brent oil for delivery in September fell 0.47% or 0.35 to hit $74.19 a barrel, while the August Gold Futures contract fell 0.11% or 1.40 to trade at $1224.30 a troy ounce.

EUR/NGN was down 0.85% to 420.330, while USD/NGN fell 0.12% to 361.550.

The US Dollar Index Futures was down 0.12% at 94.46.

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