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Nigeria stocks higher at close of trade; NSE 30 up 2.61%

Published 2015-09-14, 12:15 p/m
© Reuters.  Nigeria stocks higher at close of trade; NSE 30 up 2.61%

Investing.com – Nigeria stocks were higher after the close on Monday, as gains in the Food, Beverages & Tobacco, Banking and Oil & Gas sectors led shares higher.

At the close in Lagos, the NSE 30 added 2.61%.

The best performers of the session on the NSE 30 were Guiness Nig (LAGOS:GUINNES), which rose 10.24% or 15.58 points to trade at 167.02 at the close. Meanwhile, Nig Brew (LAGOS:NB) added 5.31% or 6.78 points to end at 133.22 and Access Bank (LAGOS:ACCESS) was up 4.98% or 0.24 points to 5.06 in late trade.

The worst performers of the session were Diamond Bank (LAGOS:DIAMONB), which fell 1.94% or 0.07 points to trade at 3.50 at the close. Wemabank (LAGOS:WEMABAN) declined 1.04% or 0.010 points to end at 0.950 and Union Bank LG (LAGOS:UBN) was down 0.66% or 0.04 points to 6.03.

Rising stocks outnumbered declining ones on the Lagos Stock Exchange by 40 to 14 and 45 ended unchanged.

Crude oil for October delivery was down 1.68% or 0.75 to $43.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 2.99% or 1.47 to hit $47.58 a barrel, while the December Gold contract rose 0.37% or 4.10 to trade at $1107.40 a troy ounce.

EUR/NGN was up 0.41% to 225.120, while USD/NGN unchanged 0.00% to 199.050.

The US Dollar Index was up 0.02% at 95.40.

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