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Nigeria stocks higher at close of trade; NSE 30 up 1.46%

Published 04/27/2018, 01:15 PM
© Reuters.  Nigeria stocks higher at close of trade; NSE 30 up 1.46%
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Investing.com – Nigeria stocks were higher after the close on Friday, as gains in the Food, Beverages & Tobacco, Banking and Insurance sectors led shares higher.

At the close in Lagos, the NSE 30 rose 1.46% to hit a new 1-month high.

The best performers of the session on the NSE 30 were Fbn Holdings (LAGOS:FBNH), which rose 5.96% or 0.700 points to trade at 12.450 at the close. Meanwhile, Skye Bank (LAGOS:SKYEBAN) added 3.85% or 0.030 points to end at 0.810 and Total Nig (LAGOS:TOTAL) was up 3.77% or 8.40 points to 231.00 in late trade.

The worst performers of the session were Wemabank (LAGOS:WEMABAN), which fell 4.55% or 0.040 points to trade at 0.910 at the close. Wapco (LAGOS:WAPCO) declined 4.17% or 1.75 points to end at 40.25 and Pz Cussons LG (LAGOS:PZ) was down 2.22% or 0.50 points to 22.00.

Falling stocks outnumbered advancing ones on the Lagos by 46 to 46 and 13 ended unchanged.

Shares in Wapco (LAGOS:WAPCO) fell to 52-week lows; losing 4.17% or 1.75 to 40.25.

Crude oil for June delivery was down 0.03% or 0.02 to $68.17 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.09% or 0.07 to hit $74.81 a barrel, while the June Gold Futures contract rose 0.36% or 4.80 to trade at $1322.70 a troy ounce.

EUR/NGN was down 0.78% to 435.160, while USD/NGN rose 0.28% to 360.500.

The US Dollar Index Futures was up 0.08% at 91.46.

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