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

  • Stock Market News
Nigeria shares higher at close of trade; NSE 30 up 0.61%
Credit: © Reuters. – Nigeria equities were higher at the close on Monday, as gains in the Banking , Insurance and Food, Beverages & Tobacco sectors propelled shares higher.

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

The biggest gainers of the session on the NSE 30 were Diamond Bank (LAGOS: DIAMONB ), which rose 6.58% or 0.100 points to trade at 1.620 at the close. Total Nig (LAGOS: TOTAL ) added 4.97% or 9.60 points to end at 202.90 and Union Bank LG (LAGOS: UBN ) was up 4.46% or 0.25 points to 5.85 in late trade.

Biggest losers included Unilever Nig (LAGOS: UNILEVE ), which lost 5.00% or 2.75 points to trade at 52.25 in late trade. Pz Cussons LG (LAGOS: PZ ) declined 4.58% or 0.95 points to end at 19.80 and Wemabank (LAGOS: WEMABAN ) shed 3.90% or 0.030 points to 0.750.

Declining stocks outnumbered rising ones by 54 to 45 and 11 ended unchanged on the Lagos.

In commodities trading, Crude oil for July delivery was up 0.70% or 0.46 to $66.20 a barrel. Meanwhile, Brent oil for delivery in August rose 0.31% or 0.24 to hit $76.70 a barrel, while the August Gold Futures contract rose 0.15% or 2.00 to trade at $1304.70 a troy ounce.

EUR/NGN was up 0.40% to 424.200, while USD/NGN rose 0.14% to 361.000.

The US Dollar Index Futures was up 0.01% at 93.56.

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