Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Nigeria shares higher at close of trade; NSE 30 up 0.88%

Published 09/06/2016, 18:15
Updated 09/06/2016, 18:15
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.88%

© Reuters. Nigeria shares higher at close of trade; NSE 30 up 0.88%

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

At the close in Lagos, the NSE 30 rose 0.88%.

The biggest gainers of the session on the NSE 30 were Nestle Nig (LAGOS:NESTLE), which rose 8.98% or 68.00 points to trade at 779.99 at the close. Access Bank (LAGOS:ACCESS) added 2.80% or 0.15 points to end at 5.53 and Diamond Bank (LAGOS:DIAMONB) was up 1.91% or 0.040 points to 2.130 in late trade.

Biggest losers included Firstcity Bnk (LAGOS:FCMB), which lost 1.87% or 0.03 points to trade at 1.57 in late trade. Nig Brew (LAGOS:NB) declined 1.08% or 1.41 points to end at 128.60 and Tiger Branded Consumer Goods PLC (LAGOS:TIGERBRD) shed 1.05% or 0.05 points to 4.66.

Declining stocks outnumbered rising ones by 17 to 17 and 46 ended unchanged on the Lagos.

In commodities trading, Crude oil for July delivery was down 1.44% or 0.74 to $50.49 a barrel. Meanwhile, Brent oil for delivery in August fell 1.14% or 0.60 to hit $51.91 a barrel, while the August Gold contract rose 0.91% or 11.45 to trade at $1273.75 a troy ounce.

EUR/NGN was down 0.27% to 225.770, while USD/NGN rose 0.05% to 199.050.

The US Dollar Index was up 0.44% at 94.00.

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.