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Nigeria shares higher at close of trade; NSE 30 up 0.10%

Published 01/02/2018, 17:15
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.10%
NESTLE
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TOTAL
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UACN
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UBN
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UNILEVE
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WEMABAN
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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 equities were higher at the close on Thursday, as gains in the Oil & Gas, Banking and Food, Beverages & Tobacco sectors propelled shares higher.

At the close in Lagos, the NSE 30 gained 0.10%.

The biggest gainers of the session on the NSE 30 were Unilever Nig (LAGOS:UNILEVE), which rose 5.06% or 2.25 points to trade at 46.75 at the close. Total Nig (LAGOS:TOTAL) added 3.90% or 9.00 points to end at 240.00 and Union Bank LG (LAGOS:UBN) was up 2.53% or 0.20 points to 8.10 in late trade.

Biggest losers included Nestle Nig (LAGOS:NESTLE), which lost 4.97% or 73.00 points to trade at 1397.00 in late trade. Wemabank (LAGOS:WEMABAN) declined 4.76% or 0.070 points to end at 1.400 and Uacn Prop (LAGOS:UACN) shed 3.95% or 0.70 points to 17.00.

Declining stocks outnumbered rising ones by 67 to 35 and 9 ended unchanged on the Lagos.

In commodities trading, Crude oil for March delivery was up 1.16% or 0.75 to $65.48 a barrel. Meanwhile, Brent oil for delivery in April rose 0.62% or 0.43 to hit $69.32 a barrel, while the April Gold Futures contract rose 0.21% or 2.80 to trade at $1345.90 a troy ounce.

EUR/NGN was down 0.13% to 448.400, while USD/NGN fell 0.14% to 359.500.

The US Dollar Index Futures was down 0.40% at 88.59.

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