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Nigeria shares higher at close of trade; NSE 30 up 0.76%

Published 2018-06-12, 01:15 p/m
Updated 2018-06-12, 01:15 p/m
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.76%

© Reuters. Nigeria shares higher at close of trade; NSE 30 up 0.76%

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

At the close in Lagos, the NSE 30 rose 0.76%.

The biggest gainers of the session on the NSE 30 were Total Nig (LAGOS:TOTAL), which rose 4.97% or 9.60 points to trade at 202.90 at the close. Union Bank LG (LAGOS:UBN) added 4.27% or 0.25 points to end at 6.10 and Fbn Holdings (LAGOS:FBNH) was up 3.23% or 0.350 points to 11.050 in late trade.

Biggest losers included Unilever Nig (LAGOS:UNILEVE), which lost 3.64% or 2.00 points to trade at 53.00 in late trade. Guiness Nig (LAGOS:GUINNES) declined 2.76% or 2.75 points to end at 96.20 and Uacn Prop (LAGOS:UACN) shed 2.72% or 0.40 points to 14.30.

Declining stocks outnumbered rising ones by 57 to 46 and 12 ended unchanged on the Lagos.

In commodities trading, Crude oil for July delivery was up 0.48% or 0.32 to $66.42 a barrel. Meanwhile, Brent oil for delivery in August fell 0.20% or 0.15 to hit $76.31 a barrel, while the August Gold Futures contract fell 0.35% or 4.50 to trade at $1298.70 a troy ounce.

EUR/NGN was up 0.02% to 424.270, while USD/NGN rose 0.14% to 361.000.

The US Dollar Index Futures was up 0.20% at 93.75.

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