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Nigeria shares higher at close of trade; NSE 30 up 0.32%

Published 23/07/2018, 18:15
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.32%
DANGFLOUR
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GTCO
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PZ
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TOTAL
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UNILEVE
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WEMABAN
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NGSE30
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NGSEINS10
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NGSEFBT10
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NGSEBNK10
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Investing.com – Nigeria equities were higher at the close on Monday, as gains in the Banking, Insurance and Food, Beverages & Tobacco sectors propelled shares higher.

At the close in Lagos, the NSE 30 rose 0.32%.

The biggest gainers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 5.80% or 0.040 points to trade at 0.730 at the close. Unilever Nig (LAGOS:UNILEVE) added 3.85% or 2.00 points to end at 54.00 and Guaranty Bnk (LAGOS:GUARANT) was up 2.11% or 0.80 points to 38.80 in late trade.

Biggest losers included Pz Cussons LG (LAGOS:PZ), which lost 9.82% or 1.65 points to trade at 15.15 in late trade. Total Nig (LAGOS:TOTAL) declined 5.00% or 10.00 points to end at 190.00 and Dangote Flour Mills PLC (LAGOS:DANGFLOUR) shed 2.20% or 0.20 points to 8.90.

Declining stocks outnumbered rising ones by 49 to 34 and 18 ended unchanged on the Lagos.

In commodities trading, Crude oil for September delivery was down 0.75% or 0.51 to $67.75 a barrel. Meanwhile, Brent oil for delivery in September fell 0.48% or 0.35 to hit $72.72 a barrel, while the August Gold Futures contract fell 0.49% or 6.00 to trade at $1225.10 a troy ounce.

EUR/NGN was down 0.01% to 421.110, while USD/NGN fell 0.42% to 359.470.

The US Dollar Index Futures was up 0.10% at 94.34.

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