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 30, 2018

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

At the close in Lagos, the NSE 30 rose 0.04% to hit a new 1-month high.

The best performers of the session on the NSE 30 were Wemabank (LAGOS:WEMABAN), which rose 4.76% or 0.040 points to trade at 0.880 at the close. Meanwhile, Skye Bank (LAGOS:SKYEBAN) added 3.70% or 0.030 points to end at 0.840 and Guaranty Bnk (LAGOS:GUARANT) was up 1.47% or 0.65 points to 45.50 in late trade.

The worst performers of the session were Dangote Flour Mills PLC (LAGOS:DANGFLOUR), which fell 5.00% or 0.70 points to trade at 13.30 at the close. Unilever Nig (LAGOS:UNILEVE) declined 4.92% or 2.70 points to end at 52.20 and Dangsugar (LAGOS:DANGSUG) was down 4.21% or 0.90 points to 20.95.

Falling stocks outnumbered advancing ones on the Lagos by 53 to 39 and 20 ended unchanged.

Crude oil for June delivery was up 1.07% or 0.73 to $68.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 1.75% or 1.29 to hit $75.08 a barrel, while the June Gold Futures contract fell 0.37% or 4.90 to trade at $1318.50 a troy ounce.

EUR/NGN was up 0.07% to 435.460, while USD/NGN fell 0.14% to 359.500.

The US Dollar Index Futures was up 0.24% at 91.53.

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