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Nigeria stocks higher at close of trade; NSE 30 up 0.44%

Published 11/01/2017, 01:15 PM
© Reuters.  Nigeria stocks higher at close of trade; NSE 30 up 0.44%
DANGFLOUR
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FBNH
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Investing.com – Nigeria stocks were higher after the close on Wednesday, as gains in the Oil & Gas, Insurance and Banking sectors led shares higher.

At the close in Lagos, the NSE 30 gained 0.44%.

The best performers of the session on the NSE 30 were Fbn Holdings (LAGOS:FBNH), which rose 5.00% or 0.310 points to trade at 6.510 at the close. Meanwhile, Guiness Nig (LAGOS:GUINNES) added 3.10% or 3.10 points to end at 103.10 and Zenithbank (LAGOS:ZENITHB) was up 1.49% or 0.38 points to 25.88 in late trade.

The worst performers of the session were Stanbicibtc Hl (LAGOS:IBTC), which fell 2.61% or 1.14 points to trade at 42.52 at the close. Pz Cussons LG (LAGOS:PZ) declined 1.70% or 0.39 points to end at 22.61 and Dangote Flour Mills PLC (LAGOS:DANGFLOUR) was down 1.47% or 0.14 points to 9.33.

Falling stocks outnumbered advancing ones on the Lagos by 38 to 34 and 27 ended unchanged.

Shares in Guiness Nig (LAGOS:GUINNES) rose to 52-week highs; rising 3.10% or 3.10 to 103.10.

Crude oil for December delivery was unchanged 0.00% or 0.00 to $54.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.39% or 0.24 to hit $60.70 a barrel, while the December Gold Futures contract rose 0.62% or 7.88 to trade at $1278.38 a troy ounce.

EUR/NGN was down 0.01% to 418.970, while USD/NGN fell 0.84% to 355.500.

The US Dollar Index Futures was up 0.19% at 94.63.

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