⏳ Final hours! Save up to 60% OFF InvestingProCLAIM SALE

Nigeria stocks higher at close of trade; NSE 30 up 0.04%

Published 09/27/2016, 01:15 PM
© Reuters.  Nigeria stocks higher at close of trade; NSE 30 up 0.04%
FBNH
-
FCMB
-
GUINNES
-
IBTC
-
SKYEBAN
-
WEMABAN
-
NGSE30
-
NGSEINS10
-
NGSEFBT10
-
NGSEBNK10
-

Investing.com – Nigeria stocks were higher after the close on Tuesday, as gains in the Insurance, Food, Beverages & Tobacco and Banking sectors led shares higher.

At the close in Lagos, the NSE 30 gained 0.04% to hit a new 1-month high.

The best performers of the session on the NSE 30 were Guiness Nig (LAGOS:GUINNES), which rose 4.99% or 4.64 points to trade at 97.64 at the close. Meanwhile, Wemabank (LAGOS:WEMABAN) added 4.55% or 0.030 points to end at 0.690 and Firstcity Bnk (LAGOS:FCMB) was up 3.88% or 0.04 points to 1.07 in late trade.

The worst performers of the session were Skye Bank (LAGOS:SKYEBAN), which fell 1.52% or 0.01 points to trade at 0.65 at the close. Stanbicibtc Hl (LAGOS:IBTC) declined 1.18% or 0.20 points to end at 16.75 and Fbn Holdings (LAGOS:FBNH) was down 0.94% or 0.030 points to 3.170.

Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 20 to 17 and 59 ended unchanged.

Crude oil for November delivery was down 2.26% or 1.04 to $44.89 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 2.25% or 1.08 to hit $46.85 a barrel, while the December Gold contract fell 1.01% or 13.60 to trade at $1330.50 a troy ounce.

EUR/NGN was up 1.17% to 354.070, while USD/NGN rose 0.80% to 315.500.

The US Dollar Index was up 0.14% at 95.34.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.