Nigeria shares higher at close of trade; NSE 30 up 0.15%

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Nigeria shares higher at close of trade; NSE 30 up 0.15%
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 0.15%.

The biggest gainers of the session on the NSE 30 were Nestle Nig (LAGOS: NESTLE ), which rose 4.99% or 74.60 points to trade at 1568.20 at the close. Dangote Flour Mills PLC (LAGOS: DANGFLOUR ) added 3.65% or 0.50 points to end at 13.80 and Guiness Nig (LAGOS: GUINNES ) was up 2.82% or 2.90 points to 105.90 in late trade.

Biggest losers included Fbn Holdings (LAGOS: FBNH ), which lost 8.96% or 1.200 points to trade at 12.200 in late trade. Skye Bank (LAGOS: SKYEBAN ) declined 5.75% or 0.050 points to end at 0.820 and Total Nig (LAGOS: TOTAL ) shed 4.79% or 11.20 points to 222.60.

Declining stocks outnumbered rising ones by 51 to 40 and 17 ended unchanged on the Lagos.

In commodities trading, Crude oil for June delivery was down 0.47% or 0.32 to $67.38 a barrel. Meanwhile, Brent oil for delivery in June fell 0.70% or 0.52 to hit $73.34 a barrel, while the June Gold Futures contract fell 0.75% or 10.00 to trade at $1323.00 a troy ounce.

EUR/NGN was down 0.07% to 439.280, while USD/NGN rose 0.14% to 360.000.

The US Dollar Index Futures was up 0.40% at 90.92.

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