Nigeria stocks higher at close of trade; NSE 30 up 0.14%

16/04/2018 17:15:00 Stock Market

Nigeria stocks were higher after the close on Monday, as gains in the Insurance, Banking and Food, Beverages&Tobacco sectors led shares higher.

At the close in Lagos, the NSE 30 rose 0.14%.

The best performers of the session on the NSE 30 were Skye Bank (LAGOS:SKYEBAN), which rose 10.00% or 0.080 points to trade at 0.880 at the close. Meanwhile, Unilever Nig (LAGOS:UNILEVE) added 4.85% or 2.50 points to end at 54.00 and Uacn Prop (LAGOS:UACN) was up 3.55% or 0.60 points to 17.50 in late trade.

The worst performers of the session were Pz Cussons LG (LAGOS:PZ), which fell 4.67% or 1.05 points to trade at 21.45 at the close. Diamond Bank (LAGOS:DIAMONB) declined 4.10% or 0.080 points to end at 1.860 and Guiness Nig (LAGOS:GUINNES) was down 3.11% or 3.20 points to 99.80.

Falling stocks outnumbered advancing ones on the Lagos by 54 to 40 and 14 ended unchanged.

Crude oil for May delivery was down 1.29% or 0.87 to $66.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 1.18% or 0.86 to hit $71.72 a barrel, while the June Gold Futures contract rose 0.22% or 3.00 to trade at $1350.90 a troy ounce.

EUR/NGN was up 0.34% to 445.120, while USD/NGN unchanged 0.00% to 360.000.

The US Dollar Index Futures was down 0.38% at 89.17.