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Nigeria shares higher at close of trade; NSE 30 up 0.04%

Published 10/02/2017, 17:15
Updated 10/02/2017, 17:15
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.04%

© Reuters. Nigeria shares higher at close of trade; NSE 30 up 0.04%

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

At the close in Lagos, the NSE 30 rose 0.04%.

The biggest gainers of the session on the NSE 30 were Access Bank (LAGOS:ACCESS), which rose 4.99% or 0.33 points to trade at 6.82 at the close. Union Bank LG (LAGOS:UBN) added 3.81% or 0.18 points to end at 4.90 and Zenithbank (LAGOS:ZENITHB) was up 2.93% or 0.44 points to 15.45 in late trade.

Biggest losers included Nig Brew (LAGOS:NB), which lost 2.90% or 3.73 points to trade at 125.00 in late trade. Fidelitybk (LAGOS:FIDELIT) declined 2.35% or 0.020 points to end at 0.860 and Fbn Holdings (LAGOS:FBNH) shed 0.63% or 0.020 points to 3.130.

Advancing stocks outnumbered falling ones by 19 to 10 and 77 ended unchanged on the Lagos.

In commodities trading, Crude oil for March delivery was up 2.04% or 1.08 to $54.08 a barrel. Meanwhile, Brent oil for delivery in April rose 2.16% or 1.20 to hit $56.83 a barrel, while the April Gold Futures contract fell 0.13% or 1.55 to trade at $1235.25 a troy ounce.

EUR/NGN was down 0.38% to 334.360, while USD/NGN fell 1.02% to 314.250.

The US Dollar Index Futures was up 0.01% at 100.67.

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