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Nigeria shares higher at close of trade; NSE 30 up 0.81%

Published 23/02/2018, 17:15
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.81%
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Investing.com – Nigeria equities were higher at the close on Friday, as gains in the Food, Beverages & Tobacco, Banking and Oil & Gas sectors propelled shares higher.

At the close in Lagos, the NSE 30 gained 0.81%.

The biggest gainers of the session on the NSE 30 were Nig Brew (LAGOS:NB), which rose 5.78% or 7.10 points to trade at 130.00 at the close. Union Bank LG (LAGOS:UBN) added 2.19% or 0.15 points to end at 6.95 and Diamond Bank (LAGOS:DIAMONB) was up 2.00% or 0.050 points to 2.550 in late trade.

Biggest losers included Guiness Nig (LAGOS:GUINNES), which lost 4.72% or 4.95 points to trade at 99.95 in late trade. Nestle Nig (LAGOS:NESTLE) declined 0.23% or 3.10 points to end at 1374.90 and Total Nig (LAGOS:TOTAL) 0.00% or 0.00 points to 228.00.

Advancing stocks outnumbered falling ones by 42 to 35 and 21 ended unchanged on the Lagos.

In commodities trading, Crude oil for April delivery was up 1.35% or 0.85 to $63.62 a barrel. Meanwhile, Brent oil for delivery in April rose 1.21% or 0.80 to hit $67.19 a barrel, while the April Gold Futures contract fell 0.16% or 2.10 to trade at $1330.60 a troy ounce.

EUR/NGN was up 0.16% to 443.640, while USD/NGN unchanged 0.00% to 360.000.

The US Dollar Index Futures was up 0.13% at 89.78.

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