Nigeria shares higher at close of trade; NSE 30 up 0.01%

  • Stock Market News
Nigeria shares higher at close of trade; NSE 30 up 0.01%
Credit: © Reuters. – Nigeria equities were higher at the close on Wednesday, as gains in the Oil & Gas , Food, Beverages & Tobacco and Banking sectors propelled shares higher.

At the close in Lagos, the NSE 30 gained 0.01%.

The biggest gainers of the session on the NSE 30 were Union Bank LG (LAGOS: UBN ), which rose 4.24% or 0.25 points to trade at 6.05 at the close. Total Nig (LAGOS: TOTAL ) added 3.72% or 7.20 points to end at 200.50 and Wapco (LAGOS: WAPCO ) was up 2.43% or 0.95 points to 40.00 in late trade.

Biggest losers included Dangote Flour Mills PLC (LAGOS: DANGFLOUR ), which lost 2.38% or 0.25 points to trade at 10.15 in late trade. Diamond Bank (LAGOS: DIAMONB ) declined 2.07% or 0.030 points to end at 1.420 and Zenithbank (LAGOS: ZENITHB ) shed 2.16% or 0.55 points to 25.00.

Declining stocks outnumbered rising ones by 63 to 23 and 23 ended unchanged on the Lagos.

In commodities trading, Crude oil for August delivery was up 3.19% or 2.25 to $72.78 a barrel. Meanwhile, Brent oil for delivery in September rose 1.97% or 1.50 to hit $77.64 a barrel, while the August Gold Futures contract fell 0.30% or 3.80 to trade at $1256.10 a troy ounce.

EUR/NGN was down 0.30% to 418.830, while USD/NGN rose 0.14% to 360.000.

The US Dollar Index Futures was up 0.46% at 94.79.

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