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Nigeria shares higher at close of trade; NSE 30 up 1.27%

Published 2018-06-07, 01:15 p/m
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 1.27%
FIDELIT
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GUINNES
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NESTLE
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TOTAL
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WAPCO
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WEMABAN
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NGSE30
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NGSEFBT10
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NGSEOILG5
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NGSEBNK10
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Investing.com – Nigeria equities were higher at the close on Thursday, as gains in the Food, Beverages & Tobacco, Banking and Oil & Gas sectors propelled shares higher.

At the close in Lagos, the NSE 30 added 1.27%.

The biggest gainers of the session on the NSE 30 were Nestle Nig (LAGOS:NESTLE), which rose 4.99% or 71.40 points to trade at 1501.40 at the close. Total Nig (LAGOS:TOTAL) added 4.97% or 9.60 points to end at 202.90 and Wapco (LAGOS:WAPCO) was up 4.74% or 1.80 points to 39.80 in late trade.

Biggest losers included Wemabank (LAGOS:WEMABAN), which lost 3.80% or 0.030 points to trade at 0.790 in late trade. Guiness Nig (LAGOS:GUINNES) declined 2.56% or 2.55 points to end at 97.20 and Fidelitybk (LAGOS:FIDELIT) shed 2.15% or 0.050 points to 2.280.

Declining stocks outnumbered rising ones by 53 to 52 and 17 ended unchanged on the Lagos.

In commodities trading, Crude oil for July delivery was up 1.75% or 1.13 to $65.86 a barrel. Meanwhile, Brent oil for delivery in August rose 2.22% or 1.67 to hit $77.03 a barrel, while the August Gold Futures contract rose 0.12% or 1.50 to trade at $1302.90 a troy ounce.

EUR/NGN was up 0.49% to 425.710, while USD/NGN unchanged 0.00% to 360.500.

The US Dollar Index Futures was down 0.30% at 93.33.

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