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Nigeria shares higher at close of trade; NSE 30 up 1.46%

Published 26/07/2016, 18:15
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 1.46%
ACCESS
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DANGSUG
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GTCO
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SKYEBAN
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WEMABAN
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ZENITHB
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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 Tuesday, as gains in the Banking, Insurance and Food, Beverages & Tobacco sectors propelled shares higher.

At the close in Lagos, the NSE 30 rose 1.46%.

The biggest gainers of the session on the NSE 30 were Access Bank (LAGOS:ACCESS), which rose 7.55% or 0.40 points to trade at 5.60 at the close. Guaranty Bnk (LAGOS:GUARANT) added 4.98% or 1.06 points to end at 22.36 and Zenithbank (LAGOS:ZENITHB) was up 4.73% or 0.74 points to 16.39 in late trade.

Biggest losers included Wemabank (LAGOS:WEMABAN), which lost 2.53% or 0.020 points to trade at 0.760 in late trade. Skye Bank (LAGOS:SKYEBAN) declined 1.23% or 0.01 points to end at 0.80 and Dangsugar (LAGOS:DANGSUG) shed 0.74% or 0.05 points to 6.90.

Advancing stocks outnumbered falling ones by 23 to 14 and 45 ended unchanged on the Lagos.

In commodities trading, Crude oil for September delivery was down 1.02% or 0.44 to $42.69 a barrel. Meanwhile, Brent oil for delivery in October rose 0.02% or 0.01 to hit $44.92 a barrel, while the December Gold contract rose 0.04% or 0.50 to trade at $1327.70 a troy ounce.

EUR/NGN was unchanged 0.00% to 341.890, while USD/NGN unchanged 0.00% to 300.250.

The US Dollar Index was down 0.11% at 97.17.

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