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Nigeria shares higher at close of trade; NSE 30 up 0.30%

Published 23/08/2017, 18:15
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.30%
ACCESS
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IBTC
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PZ
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SKYEBAN
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TOTAL
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UBN
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Investing.com – Nigeria equities were higher at the close on Wednesday, as gains in the Banking, Food, Beverages & Tobacco and Oil & Gas sectors propelled shares higher.

At the close in Lagos, the NSE 30 added 0.30%.

The biggest gainers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 4.90% or 0.28 points to trade at 5.99 at the close. Access Bank (LAGOS:ACCESS) added 3.96% or 0.39 points to end at 10.25 and Stanbicibtc Hl (LAGOS:IBTC) was up 2.24% or 0.85 points to 38.90 in late trade.

Biggest losers included Skye Bank (LAGOS:SKYEBAN), which lost 7.46% or 0.050 points to trade at 0.620 in late trade. Pz Cussons LG (LAGOS:PZ) declined 4.86% or 1.31 points to end at 25.62 and Total Nig (LAGOS:TOTAL) shed 4.81% or 11.51 points to 227.54.

Declining stocks outnumbered rising ones by 41 to 31 and 13 ended unchanged on the Lagos.

In commodities trading, Crude oil for October delivery was up 0.90% or 0.43 to $48.26 a barrel. Meanwhile, Brent oil for delivery in October rose 0.98% or 0.51 to hit $52.38 a barrel, while the December Gold Futures contract rose 0.20% or 2.56 to trade at $1293.56 a troy ounce.

EUR/NGN was up 0.26% to 425.110, while USD/NGN rose 0.97% to 364.000.

The US Dollar Index Futures was down 0.28% at 93.16.

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