Nigeria stocks higher at close of trade; NSE 30 up 0.04%

Nigeria stocks higher at close of trade; NSE 30 up 0.04%

Apr 20, 2018

Investing.com – Nigeria stocks were higher after the close on Friday, as gains in the Oil&Gas, Banking and Insurance sectors led shares higher.

At the close in Lagos, the NSE 30 added 0.04%.

The best performers of the session on the NSE 30 were Nestle Nig (LAGOS:NESTLE), which rose 5.00% or 71.10 points to trade at 1493.60 at the close. Meanwhile, Fbn Holdings (LAGOS:FBNH) added 4.90% or 0.600 points to end at 12.850 and Wemabank (LAGOS:WEMABAN) was up 4.44% or 0.040 points to 0.940 in late trade.

The worst performers of the session were Pz Cussons LG (LAGOS:PZ), which fell 4.89% or 1.10 points to trade at 21.40 at the close. Skye Bank (LAGOS:SKYEBAN) declined 3.03% or 0.030 points to end at 0.950 and Unilever Nig (LAGOS:UNILEVE) was down 3.64% or 2.00 points to 55.00.

Falling stocks outnumbered advancing ones on the Lagos by 59 to 37 and 9 ended unchanged.

Crude oil for May delivery was down 0.23% or 0.16 to $68.13 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.12% or 0.09 to hit $73.69 a barrel, while the June Gold Futures contract fell 0.75% or 10.10 to trade at $1338.70 a troy ounce.

EUR/NGN was down 0.52% to 442.890, while USD/NGN rose 0.14% to 360.000.

The US Dollar Index Futures was up 0.42% at 90.02.

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