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Nigeria shares higher at close of trade; NSE 30 up 0.01%

Published 2018-09-28, 01:15 p/m
Updated 2018-09-28, 01:15 p/m
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.01%

© Reuters. Nigeria shares higher at close of trade; NSE 30 up 0.01%

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

At the close in Lagos, the NSE 30 rose 0.01%.

The biggest gainers of the session on the NSE 30 were Stanbicibtc Hl (LAGOS:IBTC), which rose 6.24% or 2.70 points to trade at 46.00 at the close. Unilever Nig (LAGOS:UNILEVE) added 5.33% or 2.40 points to end at 47.40 and Wemabank (LAGOS:WEMABAN) was up 3.64% or 0.020 points to 0.570 in late trade.

Biggest losers included Uacn Prop (LAGOS:UACN), which lost 9.70% or 1.15 points to trade at 10.70 in late trade. Guiness Nig (LAGOS:GUINNES) declined 7.14% or 6.15 points to end at 80.00 and Pz Cussons LG (LAGOS:PZ) shed 2.33% or 0.30 points to 12.55.

Declining stocks outnumbered rising ones by 42 to 39 and 15 ended unchanged on the Lagos.

In commodities trading, Crude oil for November delivery was up 1.96% or 1.41 to $73.53 a barrel. Meanwhile, Brent oil for delivery in December rose 2.08% or 1.69 to hit $83.07 a barrel, while the December Gold Futures contract rose 0.77% or 9.10 to trade at $1196.50 a troy ounce.

EUR/NGN was up 0.00% to 422.260, while USD/NGN fell 0.14% to 362.500.

The US Dollar Index Futures was up 0.12% at 94.72.

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