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Nigeria stocks higher at close of trade; NSE 30 up 0.46%

Published 10/24/2017, 01:15 PM
© Reuters.  Nigeria stocks higher at close of trade; NSE 30 up 0.46%
DANGFLOUR
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NESTLE
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PZ
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TOTAL
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UACN
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UNILEVE
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NGSE30
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NGSEFBT10
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NGSEOILG5
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NGSEBNK10
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Investing.com – Nigeria stocks were higher after the close on Tuesday, as gains in the Food, Beverages & Tobacco, Banking and Oil & Gas sectors led shares higher.

At the close in Lagos, the NSE 30 added 0.46%.

The best performers of the session on the NSE 30 were Unilever Nig (LAGOS:UNILEVE), which rose 5.00% or 2.20 points to trade at 46.20 at the close. Meanwhile, Uacn Prop (LAGOS:UACN) added 3.67% or 0.62 points to end at 17.73 and Dangote Flour Mills PLC (LAGOS:DANGFLOUR) was up 3.62% or 0.25 points to 7.20 in late trade.

The worst performers of the session were Total Nig (LAGOS:TOTAL), which fell 5.00% or 12.25 points to trade at 232.75 at the close. Nestle Nig (LAGOS:NESTLE) declined 4.54% or 54.50 points to end at 1145.50 and Pz Cussons LG (LAGOS:PZ) was down 4.12% or 0.99 points to 23.01.

Falling stocks outnumbered advancing ones on the Lagos by 40 to 35 and 20 ended unchanged.

Shares in Dangote Flour Mills PLC (LAGOS:DANGFLOUR) rose to 3-years highs; up 3.62% or 0.25 to 7.20.

Crude oil for December delivery was up 0.98% or 0.51 to $52.41 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 1.38% or 0.79 to hit $58.16 a barrel, while the December Gold Futures contract fell 0.26% or 3.32 to trade at $1277.58 a troy ounce.

EUR/NGN was up 0.13% to 423.340, while USD/NGN fell 0.28% to 359.000.

The US Dollar Index Futures was up 0.13% at 93.84.

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