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Nigeria shares higher at close of trade; NSE 30 up 0.67%

Published 2018-05-16, 01:15 p/m
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.67%
DANGSUG
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DIAMONB
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SKYEBAN
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TOTAL
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UBN
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UNILEVE
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NGSE30
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NGSEINS10
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NGSEFBT10
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NGSEOILG5
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Investing.com – Nigeria equities were higher at the close on Wednesday, as gains in the Food, Beverages & Tobacco, Insurance and Oil & Gas sectors propelled shares higher.

At the close in Lagos, the NSE 30 rose 0.67%.

The biggest gainers of the session on the NSE 30 were Unilever Nig (LAGOS:UNILEVE), which rose 4.91% or 2.45 points to trade at 50.55 at the close. Total Nig (LAGOS:TOTAL) added 3.65% or 8.10 points to end at 229.90 and Dangsugar (LAGOS:DANGSUG) was up 2.43% or 0.45 points to 19.00 in late trade.

Biggest losers included Skye Bank (LAGOS:SKYEBAN), which lost 9.41% or 0.080 points to trade at 0.770 in late trade. Diamond Bank (LAGOS:DIAMONB) declined 9.15% or 0.150 points to end at 1.490 and Union Bank LG (LAGOS:UBN) shed 5.19% or 0.35 points to 6.30.

Declining stocks outnumbered rising ones by 63 to 30 and 17 ended unchanged on the Lagos.

In commodities trading, Crude oil for June delivery was down 0.28% or 0.20 to $71.11 a barrel. Meanwhile, Brent oil for delivery in July rose 0.29% or 0.23 to hit $78.66 a barrel, while the June Gold Futures contract rose 0.05% or 0.70 to trade at $1291.00 a troy ounce.

EUR/NGN was down 1.06% to 424.490, while USD/NGN fell 0.14% to 360.500.

The US Dollar Index Futures was up 0.08% at 93.21.

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