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Nigeria shares higher at close of trade; NSE 30 up 0.27%

Published 12/10/2017, 18:15
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.27%
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Investing.com – Nigeria equities were higher at the close on Thursday, as gains in the Insurance, Food, Beverages & Tobacco and Oil & Gas sectors propelled shares higher.

At the close in Lagos, the NSE 30 rose 0.27%.

The biggest gainers of the session on the NSE 30 were Diamond Bank (LAGOS:DIAMONB), which rose 5.00% or 0.050 points to trade at 1.050 at the close. Stanbicibtc Hl (LAGOS:IBTC) added 2.85% or 1.14 points to end at 41.08 and Uacn Prop (LAGOS:UACN) was up 2.56% or 0.40 points to 16.00 in late trade.

Biggest losers included Total Nig (LAGOS:TOTAL), which lost 4.74% or 12.00 points to trade at 241.00 in late trade. Union Bank LG (LAGOS:UBN) declined 4.17% or 0.25 points to end at 6.05 and Wapco (LAGOS:WAPCO) shed 1.96% or 1.07 points to 53.43.

Advancing stocks outnumbered falling ones by 45 to 29 and 22 ended unchanged on the Lagos.

In commodities trading, Crude oil for November delivery was down 1.72% or 0.88 to $50.42 a barrel. Meanwhile, Brent oil for delivery in December fell 1.32% or 0.75 to hit $56.19 a barrel, while the December Gold Futures contract rose 0.50% or 6.47 to trade at $1295.37 a troy ounce.

EUR/NGN was up 0.26% to 426.730, while USD/NGN fell 0.14% to 356.000.

The US Dollar Index Futures was up 0.13% at 92.91.

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