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Nigeria stocks higher at close of trade; NSE 30 up 0.53%

Published 06/04/2018, 01:15 PM
© Reuters.  Nigeria stocks higher at close of trade; NSE 30 up 0.53%
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Investing.com – Nigeria stocks were higher after the close on Monday, as gains in the Banking, Oil & Gas and Food, Beverages & Tobacco sectors led shares higher.

At the close in Lagos, the NSE 30 rose 0.53%.

The best performers of the session on the NSE 30 were Guaranty Bnk (LAGOS:GUARANT), which rose 4.53% or 1.75 points to trade at 40.40 at the close. Meanwhile, Fbn Holdings (LAGOS:FBNH) added 3.45% or 0.350 points to end at 10.500 and Nig Brew (LAGOS:NB) was up 2.91% or 3.00 points to 106.00 in late trade.

The worst performers of the session were Pz Cussons LG (LAGOS:PZ), which fell 4.81% or 1.05 points to trade at 20.80 at the close. Uacn Prop (LAGOS:UACN) declined 4.76% or 0.70 points to end at 14.00 and Union Bank LG (LAGOS:UBN) was down 4.50% or 0.25 points to 5.30.

Falling stocks outnumbered advancing ones on the Lagos by 58 to 31 and 16 ended unchanged.

Crude oil for July delivery was down 1.53% or 1.01 to $64.80 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 1.65% or 1.27 to hit $75.52 a barrel, while the August Gold Futures contract fell 0.15% or 2.00 to trade at $1297.30 a troy ounce.

EUR/NGN was up 0.10% to 421.980, while USD/NGN rose 0.14% to 361.000.

The US Dollar Index Futures was down 0.15% at 94.02.

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