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Nigeria stocks higher at close of trade; NSE 30 up 1.27%

Published 09/14/2018, 01:15 PM
© Reuters.  Nigeria stocks higher at close of trade; NSE 30 up 1.27%
DANGFLOUR
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DIAMONB
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GTCO
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NB
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UNILEVE
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WAPCO
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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 Friday, as gains in the Banking, Food, Beverages & Tobacco and Oil & Gas sectors led shares higher.

At the close in Lagos, the NSE 30 gained 1.27%.

The best performers of the session on the NSE 30 were Nig Brew (LAGOS:NB), which rose 9.99% or 8.40 points to trade at 92.50 at the close. Meanwhile, Diamond Bank (LAGOS:DIAMONB) added 8.40% or 0.100 points to end at 1.290 and Guaranty Bnk (LAGOS:GUARANT) was up 5.46% or 1.80 points to 34.75 in late trade.

The worst performers of the session were Unilever Nig (LAGOS:UNILEVE), which fell 8.12% or 3.80 points to trade at 45.40 at the close. Wapco (LAGOS:WAPCO) declined 6.76% or 1.40 points to end at 19.30 and Dangote Flour Mills PLC (LAGOS:DANGFLOUR) was down 5.00% or 0.40 points to 7.20.

Falling stocks outnumbered advancing ones on the Lagos by 46 to 40 and 16 ended unchanged.

Shares in Wapco (LAGOS:WAPCO) fell to 5-year lows; falling 6.76% or 1.40 to 19.30.

Crude oil for October delivery was up 0.26% or 0.18 to $68.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 0.27% or 0.21 to hit $77.97 a barrel, while the December Gold Futures contract fell 0.63% or 7.60 to trade at $1200.60 a troy ounce.

EUR/NGN was down 0.54% to 420.670, while USD/NGN unchanged 0.00% to 363.000.

The US Dollar Index Futures was up 0.42% at 94.93.

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