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Nigeria stocks higher at close of trade; NSE 30 up 0.29%

Published 08/25/2017, 01:15 PM
© Reuters.  Nigeria stocks higher at close of trade; NSE 30 up 0.29%
DANGSUG
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IBTC
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SKYEBAN
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TOTAL
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UBN
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UNILEVE
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NGSE30
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NGSEINS10
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NGSEFBT10
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NGSEBNK10
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Investing.com – Nigeria stocks were higher after the close on Friday, as gains in the Food, Beverages & Tobacco, Banking and Insurance sectors led shares higher.

At the close in Lagos, the NSE 30 gained 0.29%.

The best performers of the session on the NSE 30 were Total Nig (LAGOS:TOTAL), which rose 4.98% or 10.80 points to trade at 227.60 at the close. Meanwhile, Dangsugar (LAGOS:DANGSUG) added 4.60% or 0.60 points to end at 13.65 and Stanbicibtc Hl (LAGOS:IBTC) was up 3.87% or 1.49 points to 40.00 in late trade.

The worst performers of the session were Unilever Nig (LAGOS:UNILEVE), which fell 3.50% or 1.50 points to trade at 40.80 at the close. Union Bank LG (LAGOS:UBN) declined 1.67% or 0.10 points to end at 6.28 and Skye Bank (LAGOS:SKYEBAN) was down 1.56% or 0.010 points to 0.630.

Falling stocks outnumbered advancing ones on the Lagos by 44 to 28 and 25 ended unchanged.

Crude oil for October delivery was up 0.51% or 0.24 to $47.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.25% or 0.13 to hit $52.17 a barrel, while the December Gold Futures contract rose 0.42% or 5.39 to trade at $1297.39 a troy ounce.

EUR/NGN was down 0.27% to 424.880, while USD/NGN fell 2.18% to 359.500.

The US Dollar Index Futures was down 0.64% at 92.63.

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