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Nigeria shares higher at close of trade; NSE 30 up 0.36%

Published 12/08/2017, 03:15 am
© Reuters.  Nigeria shares higher at close of trade; NSE 30 up 0.36%
DANGFLOUR
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DIAMONB
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UBN
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UNILEVE
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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 Friday, as gains in the Oil & Gas, Banking and Food, Beverages & Tobacco sectors propelled shares higher.

At the close in Lagos, the NSE 30 rose 0.36% to hit a new 52-week high.

The biggest gainers of the session on the NSE 30 were Unilever Nig (LAGOS:UNILEVE), which rose 5.11% or 2.20 points to trade at 45.25 at the close. Wapco (LAGOS:WAPCO) added 5.00% or 3.00 points to end at 61.52 and Union Bank LG (LAGOS:UBN) was up 3.78% or 0.21 points to 5.56 in late trade.

Biggest losers included Dangote Flour Mills PLC (LAGOS:DANGFLOUR), which lost 4.35% or 0.29 points to trade at 6.38 in late trade. Diamond Bank (LAGOS:DIAMONB) declined 2.29% or 0.030 points to end at 1.280 and Wemabank (LAGOS:WEMABAN) shed 1.89% or 0.010 points to 0.520.

Declining stocks outnumbered rising ones by 47 to 28 and 18 ended unchanged on the Lagos.

In commodities trading, Crude oil for September delivery was up 0.08% or 0.04 to $48.63 a barrel. Meanwhile, Brent oil for delivery in October rose 0.02% or 0.01 to hit $51.91 a barrel, while the December Gold Futures contract rose 0.24% or 3.12 to trade at $1293.22 a troy ounce.

EUR/NGN was up 0.35% to 429.710, while USD/NGN fell 0.83% to 365.180.

The US Dollar Index Futures was down 0.40% at 92.93.

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