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Nigeria stocks higher at close of trade; NSE 30 up 0.16%

Published 02/16/2018, 12:15 PM
Updated 02/16/2018, 12:15 PM
© Reuters.  Nigeria stocks higher at close of trade; NSE 30 up 0.16%

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

At the close in Lagos, the NSE 30 added 0.16%.

The best performers of the session on the NSE 30 were Nestle Nig (LAGOS:NESTLE), which rose 4.09% or 55.00 points to trade at 1400.00 at the close. Meanwhile, Zenithbank (LAGOS:ZENITHB) added 1.11% or 0.35 points to end at 32.00 and Wapco (LAGOS:WAPCO) was up 0.96% or 0.50 points to 52.50 in late trade.

The worst performers of the session were Wemabank (LAGOS:WEMABAN), which fell 4.80% or 0.060 points to trade at 1.190 at the close. Diamond Bank (LAGOS:DIAMONB) declined 4.48% or 0.130 points to end at 2.770 and Skye Bank (LAGOS:SKYEBAN) was down 4.39% or 0.050 points to 1.090.

Falling stocks outnumbered advancing ones on the Lagos by 66 to 24 and 20 ended unchanged.

Crude oil for March delivery was up 0.59% or 0.36 to $61.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 0.96% or 0.62 to hit $64.95 a barrel, while the April Gold Futures contract fell 0.08% or 1.10 to trade at $1354.20 a troy ounce.

EUR/NGN was up 0.08% to 449.990, while USD/NGN rose 0.14% to 360.500.

The US Dollar Index Futures was up 0.49% at 88.90.

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