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Monday, July 25, 2016

Nigeria stocks higher at close of trade; NSE 30 up 0.42%

Stock market

Investing.com – Nigeria stocks were higher after the close on Monday, as gains in theFood, Beverages & TobaccoBanking and Insurance sectors led shares higher.
At the close in Lagos, the NSE 30 rose 0.42%.
The best performers of the session on the NSE 30 were Nig Brew (LAGOS:NB), which rose 5.00% or 6.90 points to trade at 144.91 at the close. Meanwhile, Access Bank(LAGOS:ACCESS) added 2.71% or 0.14 points to end at 5.31 and Firstcity Bnk(LAGOS:FCMB) was up 2.27% or 0.03 points to 1.35 in late trade.
The worst performers of the session were Skye Bank (LAGOS:SKYEBAN), which fell 4.71% or 0.04 points to trade at 0.81 at the close. Guiness Nig (LAGOS:GUINNES) declined 1.53% or 1.48 points to end at 96.60 and Fidelitybk (LAGOS:FIDELIT) was down 0.88% or 0.010 points to 1.130.
Rising stocks outnumbered declining ones on the Lagos Stock Exchange by 26 to 16 and 44 ended unchanged.
Crude oil for September delivery was down 2.51% or 1.11 to $43.08 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 2.21% or 1.02 to hit $45.07 a barrel, while the December Gold contract fell 0.26% or 3.50 to trade at $1328.00 a troy ounce.
EUR/NGN was up 1.74% to 335.980, while USD/NGN rose 1.35% to 300.500.
The US Dollar Index was down 0.09% at 97.32.

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