Nigeria shares higher at close of trade; NSE 30 up 1.23%

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Nigeria shares higher at close of trade; NSE 30 up 1.23%
Credit: © Reuters.

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

At the close in Lagos, the NSE 30 gained 1.23%.

The biggest gainers of the session on the NSE 30 were Pz Cussons LG (LAGOS: PZ ), which rose 5.61% or 0.85 points to trade at 14.95 at the close. Union Bank LG (LAGOS: UBN ) added 5.36% or 0.30 points to end at 5.90 and Wapco (LAGOS: WAPCO ) was up 5.09% or 1.40 points to 28.90 in late trade.

Biggest losers included Total Nig (LAGOS: TOTAL ), which lost 8.41% or 16.80 points to trade at 185.00 in late trade. Guiness Nig (LAGOS: GUINNES ) declined 7.29% or 7.00 points to end at 89.00 and Skye Bank (LAGOS: SKYEBAN ) shed 7.14% or 0.050 points to 0.650.

Declining stocks outnumbered rising ones by 45 to 45 and 10 ended unchanged on the Lagos.

In commodities trading, Crude oil for September delivery was up 1.99% or 1.37 to $70.06 a barrel. Meanwhile, Brent oil for delivery in October rose 1.04% or 0.78 to hit $75.54 a barrel, while the August Gold Futures contract fell 0.15% or 1.80 to trade at $1221.20 a troy ounce.

EUR/NGN was up 0.18% to 421.090, while USD/NGN fell 0.29% to 360.500.

The US Dollar Index Futures was down 0.39% at 94.10.

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