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Nigeria stocks higher at close of trade; NSE 30 up 0.63%

Stock Markets Jul 27, 2018 01:20PM ET
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© Reuters. Nigeria stocks higher at close of trade; NSE 30 up 0.63%
 
DANGF...
0.00%
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DANGSUG
-0.31%
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DIAMONB
-1.63%
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GUINNES
+0.48%
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PZ
+2.11%
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WEMABAN
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Investing.com – Nigeria stocks were higher after the close on Friday, as gains in the Insurance, Food, Beverages & Tobacco and Banking sectors led shares higher.

At the close in Lagos, the NSE 30 rose 0.63%.

The best performers of the session on the NSE 30 were Dangsugar (LAGOS:DANGSUG), which rose 10.00% or 1.50 points to trade at 16.05 at the close. Meanwhile, Dangote Flour Mills PLC (LAGOS:DANGFLOUR) added 9.70% or 0.80 points to end at 8.95 and Diamond Bank (LAGOS:DIAMONB) was up 7.69% or 0.100 points to 1.400 in late trade.

The worst performers of the session were Guiness Nig (LAGOS:GUINNES), which fell 8.07% or 7.75 points to trade at 88.25 at the close. Pz Cussons LG (LAGOS:PZ) declined 6.27% or 0.95 points to end at 14.20 and Wemabank (LAGOS:WEMABAN) was down 2.70% or 0.020 points to 0.720.

Rising stocks outnumbered declining ones on the Lagos by 51 to 41 and 13 ended unchanged.

Shares in Pz Cussons LG (LAGOS:PZ) fell to 52-week lows; losing 6.27% or 0.95 to 14.20.

Crude oil for September delivery was down 1.39% or 0.97 to $68.64 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.50% or 0.37 to hit $74.17 a barrel, while the August Gold Futures contract fell 0.12% or 1.50 to trade at $1224.20 a troy ounce.

EUR/NGN was down 0.85% to 420.330, while USD/NGN fell 0.12% to 361.550.

The US Dollar Index Futures was down 0.12% at 94.46.

Nigeria stocks higher at close of trade; NSE 30 up 0.63%
 

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