Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Nigeria shares higher at close of trade; NSE 30 up 0.31%

Published 04/05/2018, 18:15
Updated 04/05/2018, 18:15
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.31%

Investing.com – Nigeria equities were higher at the close on Friday, as gains in the Food, Beverages & Tobacco, Banking and Insurance sectors propelled shares higher.

At the close in Lagos, the NSE 30 added 0.31%.

The biggest gainers of the session on the NSE 30 were Diamond Bank (LAGOS:DIAMONB), which rose 1.44% or 0.030 points to trade at 2.090 at the close. Nig Brew (LAGOS:NB) added 1.42% or 1.80 points to end at 126.50 and Skye Bank (LAGOS:SKYEBAN) was up 1.19% or 0.010 points to 0.800 in late trade.

Biggest losers included Union Bank LG (LAGOS:UBN), which lost 4.48% or 0.30 points to trade at 6.40 in late trade. Fidelitybk (LAGOS:FIDELIT) declined 3.59% or 0.090 points to end at 2.420 and Wemabank (LAGOS:WEMABAN) shed 3.30% or 0.030 points to 0.900.

Declining stocks outnumbered rising ones by 51 to 37 and 14 ended unchanged on the Lagos.

In commodities trading, Crude oil for June delivery was up 1.89% or 1.29 to $69.72 a barrel. Meanwhile, Brent oil for delivery in July rose 1.60% or 1.18 to hit $74.80 a barrel, while the June Gold Futures contract rose 0.11% or 1.40 to trade at $1314.10 a troy ounce.

EUR/NGN was down 0.12% to 430.840, while USD/NGN fell 0.14% to 359.500.

The US Dollar Index Futures was up 0.15% at 92.42.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.