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Nigeria stocks higher at close of trade; NSE 30 up 0.71%

Published 26/01/2016, 04:15 am
© Reuters.  Nigeria stocks higher at close of trade; NSE 30 up 0.71%

Investing.com – Nigeria stocks were higher after the close on Monday, as gains in the Banking, Oil & Gas and Food, Beverages & Tobacco sectors led shares higher.

At the close in Lagos, the NSE 30 gained 0.71%.

The best performers of the session on the NSE 30 were Guiness Nig (LAGOS:GUINNES), which rose 10.24% or 10.43 points to trade at 112.28 at the close. Meanwhile, Zenithbank (LAGOS:ZENITHB) added 7.17% or 0.81 points to end at 12.18 and Firstcity Bnk (LAGOS:FCMB) was up 7.07% or 0.07 points to 1.06 in late trade.

The worst performers of the session were Fbn Holdings (LAGOS:FBNH), which fell 5.11% or 0.23 points to trade at 4.30 at the close. Nig Brew (LAGOS:NB) declined 4.81% or 5.20 points to end at 103.00 and Fidelitybk (LAGOS:FIDELIT) was down 4.51% or 0.06 points to 1.27.

Rising stocks outnumbered declining ones on the Lagos Stock Exchange by 26 to 19 and 41 ended unchanged.

Crude oil for March delivery was down 5.28% or 1.70 to $30.49 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 4.11% or 1.35 to hit $31.49 a barrel, while the February Gold contract rose 0.99% or 10.80 to trade at $1107.10 a troy ounce.

EUR/NGN was up 0.19% to 215.540, while USD/NGN rose 0.12% to 199.200.

The US Dollar Index was down 0.11% at 99.50.

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