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Nigeria shares higher at close of trade; NSE 30 up 0.40%

Published 2017-10-13, 01:15 p/m
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.40%
DIAMONB
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PZ
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SKYEBAN
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TOTAL
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UBN
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WAPCO
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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 Friday, as gains in the Insurance, Banking and Food, Beverages & Tobacco sectors propelled shares higher.

At the close in Lagos, the NSE 30 gained 0.40% to hit a new 1-month high.

The biggest gainers of the session on the NSE 30 were Diamond Bank (LAGOS:DIAMONB), which rose 8.57% or 0.090 points to trade at 1.140 at the close. Union Bank LG (LAGOS:UBN) added 4.35% or 0.25 points to end at 6.00 and Wapco (LAGOS:WAPCO) was up 2.75% or 1.50 points to 56.60 in late trade.

Biggest losers included Total Nig (LAGOS:TOTAL), which lost 4.72% or 11.95 points to trade at 241.05 in late trade. Pz Cussons LG (LAGOS:PZ) declined 2.43% or 0.58 points to end at 23.32 and Skye Bank (LAGOS:SKYEBAN) shed 1.96% or 0.010 points to 0.500.

Advancing stocks outnumbered falling ones by 44 to 31 and 17 ended unchanged on the Lagos.

In commodities trading, Crude oil for November delivery was up 0.95% or 0.48 to $51.08 a barrel. Meanwhile, Brent oil for delivery in December rose 1.03% or 0.58 to hit $56.83 a barrel, while the December Gold Futures contract rose 0.59% or 7.63 to trade at $1304.13 a troy ounce.

EUR/NGN was down 0.23% to 425.740, while USD/NGN fell 0.14% to 355.000.

The US Dollar Index Futures was down 0.03% at 92.91.

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