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Nigeria shares higher at close of trade; NSE 30 up 0.01%

Published 12/12/2017, 17:15
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.01%
DANGSUG
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DIAMONB
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FIDELIT
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PZ
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Investing.com – Nigeria equities were higher at the close on Tuesday, as gains in the Food, Beverages & Tobacco, Banking and Insurance sectors propelled shares higher.

At the close in Lagos, the NSE 30 rose 0.01%.

The biggest gainers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 10.01% or 0.72 points to trade at 7.91 at the close. Diamond Bank (LAGOS:DIAMONB) added 7.14% or 0.100 points to end at 1.500 and Dangsugar (LAGOS:DANGSUG) was up 3.91% or 0.81 points to 21.50 in late trade.

Biggest losers included Fidelitybk (LAGOS:FIDELIT), which lost 4.64% or 0.110 points to trade at 2.260 in late trade. Pz Cussons LG (LAGOS:PZ) declined 3.91% or 0.90 points to end at 22.10 and Total Nig (LAGOS:TOTAL) shed 2.17% or 5.00 points to 225.00.

Declining stocks outnumbered rising ones by 36 to 31 and 22 ended unchanged on the Lagos.

In commodities trading, Crude oil for January delivery was down 1.52% or 0.88 to $57.11 a barrel. Meanwhile, Brent oil for delivery in February fell 1.95% or 1.26 to hit $63.43 a barrel, while the February Gold Futures contract fell 0.59% or 7.40 to trade at $1239.50 a troy ounce.

EUR/NGN was down 0.28% to 423.320, while USD/NGN unchanged 0.00% to 360.000.

The US Dollar Index Futures was up 0.27% at 94.19.

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