Nigeria stocks higher at close of trade; NSE 30 up 0.07%

© Reuters.  Nigeria stocks higher at close of trade; NSE 30 up 0.07% – Nigeria stocks were higher after the close on Monday, as gains in the Oil & GasFood, Beverages & Tobacco and Insurance sectors led shares higher.

At the close in Lagos, the NSE 30 added 0.07%.

The best performers of the session on the NSE 30 were Nestle Nig(LAGOS:NESTLE), which rose 5.00% or 71.10 points to trade at 1493.60 at the close. Meanwhile, Fbn Holdings (LAGOS:FBNH) added 4.67% or 0.600 points to end at 13.450 and Nig Brew (LAGOS:NB) was up 2.85% or 3.60 points to 129.70 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. Skye Bank (LAGOS:SKYEBAN) declined 4.21% or 0.040 points to end at 0.910 and Dangsugar (LAGOS:DANGSUG) was down 3.97% or 0.85 points to 20.65.

Falling stocks outnumbered advancing ones on the Lagos by 49 to 33 and 21 ended unchanged.

Crude oil for June delivery was down 0.03% or 0.02 to $68.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.46% or 0.34 to hit $74.40 a barrel, while the June Gold Futures contract fell 1.00% or 13.40 to trade at $1324.90 a troy ounce.

EUR/NGN was down 0.60% to 440.250, while USD/NGN unchanged 0.00% to 360.000.

The US Dollar Index Futures was up 0.67% at 90.68.