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Nigeria stocks higher at close of trade; NSE 30 up 0.05%

Published 09/26/2016, 01:15 PM
© Reuters.  Nigeria stocks higher at close of trade; NSE 30 up 0.05%
DANGFLOUR
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DANGSUG
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FBNH
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FCMB
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SKYEBAN
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WEMABAN
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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 Monday, as gains in the Food, Beverages & Tobacco, Insurance and Banking sectors led shares higher.

At the close in Lagos, the NSE 30 rose 0.05% to hit a new 1-month high.

The best performers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 4.76% or 0.03 points to trade at 0.66 at the close. Meanwhile, Dangote Flour Mills PLC (LAGOS:DANGFLOUR) added 3.49% or 0.13 points to end at 3.85 and Fbn Holdings (LAGOS:FBNH) was up 3.23% or 0.100 points to 3.120 in late trade.

The worst performers of the session were Dangsugar (LAGOS:DANGSUG), which fell 2.74% or 0.18 points to trade at 6.27 at the close. Firstcity Bnk (LAGOS:FCMB) declined 1.90% or 0.02 points to end at 1.03 and Wemabank (LAGOS:WEMABAN) was down 1.49% or 0.010 points to 0.660.

Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 23 to 15 and 62 ended unchanged.

Crude oil for November delivery was up 3.37% or 1.50 to $45.98 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 3.01% or 1.40 to hit $47.88 a barrel, while the December Gold contract rose 0.18% or 2.35 to trade at $1344.05 a troy ounce.

EUR/NGN was down 1.09% to 349.990, while USD/NGN fell 0.79% to 313.000.

The US Dollar Index was down 0.24% at 95.18.

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