Stock market
Nigeria stocks were higher after the close on Monday, as gains in the Food, Beverages & Tobacco, Insurance and Banking sectors led shares higher.
At the close in Lagos, the NSE 30 rose 0.10%.
The best performers of the session on the NSE 30 were Unilever Nig (LAGOS:UNILEVE), which rose 5.00% or 1.75 points to trade at 36.75 at the close. Meanwhile, Skye Bank(LAGOS:SKYEBAN) added 4.69% or 0.03 points to end at 0.67 and Union Bank LG(LAGOS:UBN) was up 3.75% or 0.15 points to 4.15 in late trade.
The worst performers of the session were Diamond Bank (LAGOS:DIAMONB), which fell 4.24% or 0.050 points to trade at 1.130 at the close. Firstcity Bnk (LAGOS:FCMB) declined 4.00% or 0.05 points to end at 1.20 and Dangote Flour Mills PLC (LAGOS:DANGFLOUR) was down 3.69% or 0.16 points to 4.18.
Falling stocks outnumbered advancing ones on the Lagos Stock Exchange by 35 to 11 and 40 ended unchanged.
Shares in Diamond Bank (LAGOS:DIAMONB) fell to all time lows; falling 4.24% or 0.050 to 1.130.
Crude oil for September delivery was up 2.52% or 1.12 to $45.61 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 2.47% or 1.16 to hit $48.13 a barrel, while the December Gold contract rose 0.23% or 3.15 to trade at $1346.35 a troy ounce.
EUR/NGN was up 1.25% to 359.960, while USD/NGN rose 0.16% to 321.500.
The US Dollar Index was down 0.10% at 95.58.
Source by Investing.com
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