Nigeria shares higher at close of trade; NSE 30 up 0.61%

Nigeria shares higher at close of trade; NSE 30 up 0.61%

Investing.com  | Sep 21, 2018 18:15

Nigeria shares higher at close of trade; NSE 30 up 0.61%

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

At the close in Lagos, the NSE 30 gained 0.61%.

The biggest gainers of the session on the NSE 30 were Unilever Nig (LAGOS:UNILEVE), which rose 8.84% or 3.80 points to trade at 46.80 at the close. Pz Cussons LG (LAGOS:PZ) added 8.00% or 1.00 points to end at 13.50 and Uacn Prop (LAGOS:UACN) was up 6.31% or 0.70 points to 11.80 in late trade.

Biggest losers included Union Bank LG (LAGOS:UBN), which lost 9.48% or 0.55 points to trade at 5.25 in late trade. Wemabank (LAGOS:WEMABAN) declined 5.00% or 0.030 points to end at 0.570 and Total Nig (LAGOS:TOTAL) shed 4.06% or 7.70 points to 182.00.

Advancing stocks outnumbered falling ones by 46 to 44 and 16 ended unchanged on the Lagos.

In commodities trading, Crude oil for November delivery was up 1.17% or 0.82 to $71.14 a barrel. Meanwhile, Brent oil for delivery in November rose 0.33% or 0.26 to hit $78.96 a barrel, while the December Gold Futures contract fell 0.70% or 8.50 to trade at $1202.80 a troy ounce.

EUR/NGN was up 0.35% to 426.960, while USD/NGN unchanged 0.00% to 362.500.

The US Dollar Index Futures was up 0.37% at 93.82.

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